Glenn Security Systems, Inc
How we got $2.2M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 47% 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 |
|---|---|---|
| GLENN SECURITY SYSTEMS, INC this business | $5.4M | — |
| Spec Ops Security Bartlesville | $1.4M | 0.9 mi |
| PARADIGM INVESTIGATIONS LLC Collinsville · 1 employees | $239K | 29.3 mi |
| PARADIGM INVESTIGATIONS LLC Owasso · 1 employees | $239K | 33.0 mi |
| INFINITY INVESTIGATIONS & PROTECTIVE SERVICES,LLC Owasso · 38 employees | $2.7M | 33.9 mi |
| JIM RIPLEY SERVICES, INC. Claremore · 2 employees | $575K | 35.5 mi |
| SPECIAL INTEREST SERVICES LLC Owasso · 26 employees | $1.4M | 36.2 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $5.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $578K |
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 | $2.2M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.0M |
| Revenue range | $3.5M – $6.1M |
| EBITDA range | $380K – $659K |
| Industry (NAICS) | Security Systems Services (except Locksmiths) (561621) |
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
History & advisors
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/30/2020 | first | $155K | 19 |
2 locations
| 510 S DEWEY AVE Suite 1400 | Bartlesville | This listing |
| 3909 Price Rd | Bartlesville | View |
Revenue, profit and value are for the whole company.
About Glenn Security Systems, Inc
Glenn Security Systems, Inc is a security services company in Bartlesville, Oklahoma. Its estimated annual revenue is about $5.4M, with roughly $578K of EBITDA. It has about 19 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M). It has 2 locations.
Common questions
- Who owns Glenn Security Systems, Inc?
- The owner of Glenn Security Systems, Inc 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 Glenn Security Systems, Inc make?
- SeeBITDA estimates Glenn Security Systems, Inc's annual revenue at about $5.4M (likely between $3.5M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Glenn Security Systems, Inc worth?
- About $2.2M, roughly 3.8× its estimated EBITDA of $578K, typical for a security services company its size. Likely range: $1.2M–$3.0M.
- How many employees does Glenn Security Systems, Inc have?
- About 19, as reported on its PPP loan.