First Med Urgent Care, LLC
How we got $12.4M
Based on its 59 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 55% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 19% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 59 | $9.5M |
| 2020 | Form 5500 | 48 | $7.7M |
| 2021 | Form 5500 | 48 | $7.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIRST MED URGENT CARE, LLC this business | $15.5M | — |
| Bell Glenda J Edmond | $2.0M | 0.9 mi |
| SHONARA AWAD Edmond · 10 employees | $1.8M | 1.0 mi |
| COUNSELING ASSOCIATES OF EDMOND, P.C. Edmond · 1 employees | $210K | 1.1 mi |
| ABA COOP LLC Edmond · 5 employees | $972K | 1.1 mi |
| QUALITY SLEEP SPECIALISTS LLC Edmond · 9 employees | $3.5M | 1.2 mi |
| CREEKSIDE SPEECH THERAPY, LLC Edmond · 1 employees | $402K | 1.5 mi |
The full calculation
| Employees reported to the SBA | 59 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.9M |
| Estimate: the two combined (geometric mean) | $15.5M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $2.3M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $12.4M |
| Multiple for this size and industry | 5.5× |
| Value range | $6.5M – $16.9M |
| Revenue range | $10.2M – $17.6M |
| EBITDA range | $1.5M – $2.6M |
| Industry (NAICS) | All Other Outpatient Care Centers (621498) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBOKF, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $680K | 59 |
6 locations
| 1221 N Kelly Avenue | Oklahoma City | This listing |
| 1140 SW 104th St | Oklahoma City | View |
| 13401 N Macarthur Blvd | Oklahoma City | View |
| 13420 N Pennsylvania Ave | Oklahoma City | View |
| 4510 NW 39th St | Oklahoma City | View |
| 7807 S Walker Ave | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About First Med Urgent Care, LLC
First Med Urgent Care, LLC is a doctors & clinics company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $15.5M, with roughly $2.3M of EBITDA. It has about 48 employees. Its estimated business value is $12.4M (likely range $6.5M–$16.9M). It has 6 locations.
Common questions
- Who owns First Med Urgent Care, LLC?
- The owner of First Med Urgent Care, LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does First Med Urgent Care, LLC make?
- SeeBITDA estimates First Med Urgent Care, LLC's annual revenue at about $15.5M (likely between $10.2M and $17.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Med Urgent Care, LLC worth?
- About $12.4M, roughly 5.5× its estimated EBITDA of $2.3M, typical for a doctors & clinics company its size. Likely range: $6.5M–$16.9M.
- How many employees does First Med Urgent Care, LLC have?
- About 48, from its 2021 retirement-plan filing.