Furrh and Associates PC
How we got $1.0M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Furrh & Associates PC is a Certified Public Accounting firm in Lawton, Oklahoma offering accounting, tax, bookkeeping, payroll and auditing services to small business owners, entrepreneurs, government officials and individuals.
From the company's website. Industry: Accounting & tax.
Estimated value over time
▲ 30% 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 |
|---|---|---|
| FURRH AND ASSOCIATES PC this business | $1.6M | — |
| BULLSEYE TAX SERVICE LLC Lawton · 3 employees | $425K | 0.5 mi |
| LORNA D FUNKHOUSER CPA PC Lawton · 5 employees | $927K | 0.6 mi |
| TERESA J PENDERGRAFT CPA PLLC Lawton · 4 employees | $879K | 0.6 mi |
| T&J TAX, LLC Lawton · 48 employees | $5.1M | 0.6 mi |
| PRACTICAL AUDIT SOLUTIONS PC Lawton · 2 employees | $473K | 0.7 mi |
| J. STEVE FITE, PC Lawton · 3 employees | $518K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $286K |
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 | $1.0M |
| Multiple for this size and industry | 3.5× |
| Value range | $527K – $1.4M |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $188K – $326K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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
Leadership
- MYMartina YoungQuality Control · Company website · source
- JEJanelle EllisPosition · Company website · source
- JFJonathan ForsheeStaff Accountant · Company website · source
- DHDaria HuttoStaff Accountant · Company website · source
- JWJessica WoodruffBookkeeper · Company website · source
- JTJade ThompsonTax Preparer · Company website · source
- LGLesley GoinesAdministrative Asst. · Company website · source
- RCRachelle ChibittyAudit Technical Service Asst. · Company website · source
- WSWilliam StatumLead Tax Technical Service Asst. · Company website · source
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $81K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Furrh and Associates PC
Furrh and Associates PC is an accounting & tax company in Lawton, Oklahoma, in business since 2010. It is owned by Kimberly Furrh (CPA, CGMA, CTC). Its estimated annual revenue is about $1.6M, with roughly $286K of EBITDA. It has about 7 employees. Its estimated business value is $1.0M (likely range $527K–$1.4M).
Common questions
- Who owns Furrh and Associates PC?
- Furrh and Associates PC is owned by Kimberly Furrh (CPA, CGMA, CTC), according to public sources such as the company's website or filings.
- How much revenue does Furrh and Associates PC make?
- SeeBITDA estimates Furrh and Associates PC's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Furrh and Associates PC worth?
- About $1.0M, roughly 3.5× its estimated EBITDA of $286K, typical for a accounting & tax company its size. Likely range: $527K–$1.4M.
- How many employees does Furrh and Associates PC have?
- About 7, as reported on its PPP loan.
- When was Furrh and Associates PC founded?
- Furrh and Associates PC has been in business since 2010.