Forbes & Forbes P. C.
How we got $1.7M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Forbes & Renes, PLLC is a Midwest City law firm offering workers' compensation, social security disability, personal injury, estate planning, probate, and auto accident legal help to clients in Oklahoma.
From the company's website. Industry: Law firms.
Estimated value over time
▲ 26% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FORBES & FORBES P. C. this business | $3.4M | — |
| Crawley Law Center Oklahoma City | $942K | 0.9 mi |
| Paralegal Solutions Okc Midwest City | $942K | 0.9 mi |
| The Law Office of Greg A Young Midwest City | $942K | 1.0 mi |
| RICE & ASSOCIATES, P.C. Oklahoma City · 4 employees | $1.3M | 1.0 mi |
| Newark Law Firm PLLC Midwest City | $942K | 1.0 mi |
| Stephanie K. Fryar Pllc Midwest City | $942K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $615K |
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 | $1.7M |
| Multiple for this size and industry | 2.8× |
| Value range | $906K – $2.4M |
| Revenue range | $2.3M – $3.9M |
| EBITDA range | $405K – $701K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. 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
- BankingF & M BankPPP / 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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $136K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Forbes & Forbes P. C.
Forbes & Forbes P. C. is a law firms company in Oklahoma City, Oklahoma, in business since 2022. Its estimated annual revenue is about $3.4M, with roughly $615K of EBITDA. It has about 11 employees. Its estimated business value is $1.7M (likely range $906K–$2.4M).
Common questions
- Who owns Forbes & Forbes P. C.?
- The owner of Forbes & Forbes P. C. 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 Forbes & Forbes P. C. make?
- SeeBITDA estimates Forbes & Forbes P. C.'s annual revenue at about $3.4M (likely between $2.3M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Forbes & Forbes P. C. worth?
- About $1.7M, roughly 2.8× its estimated EBITDA of $615K, typical for a law firms company its size. Likely range: $906K–$2.4M.
- How many employees does Forbes & Forbes P. C. have?
- About 11, as reported on its PPP loan.
- When was Forbes & Forbes P. C. founded?
- Forbes & Forbes P. C. has been in business since 2022.