Gray, Blodgett & Company, PLLC
- Ted BlodgettPartner · Company website
- Janese ShepardPartner · Company website
- Ross RoyePartner · Company website
- Cyndi ByarsPartner · Company website
- Tim WilsonPartner · Company website
How we got $4.0M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Gray, Blodgett & Company is a full-service accounting firm in Norman, Oklahoma, guiding individuals and businesses through financial and business needs. Its client base includes home builders, commercial real estate developers, physicians and dentists.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Suppliers & brands
- BDO Alliance USA · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 22 mi · $791.1M
- H.C. EMPLOYEES LLC · Moore, 9 mi · $196.4M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 35 mi · $177.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 3 mi · $163.9M
- TABER BUILT HOMES, LLC · Oklahoma City, 28 mi · $135.1M
- HS-REAL ESTATE INC · Norman, 4 mi · $311.3M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 27 mi · $133.0M
- COATES FIELD SERVICE, INC. · Oklahoma City, 21 mi · $107.8M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 18 mi · $67.1M
- QUAIL RIDGE SENIOR DEVELOPMENT, LLC · Oklahoma City, 28 mi · $61.4M
- POSTIVE IMPACT TEAMS LLC · Oklahoma City, 14 mi · $44.5M
- CUSTOM DENTAL, PC · Edmond, 35 mi · $29.7M
- CATALYST DENTAL ALLIES PLLC · Edmond, 33 mi · $19.3M
- OCEAN DENTAL PC · Edmond, 31 mi · $18.7M
- Ocean Dental · Lawton, 69 mi · $18.7M
Estimated value over time
▲ 21% 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
▲ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 24 | $2.5M |
| 2020 | Form 5500 | 22 | $2.3M |
| 2021 | Form 5500 | 17 | $1.8M |
| 2022 | Form 5500 | 21 | $2.2M |
| 2023 | Form 5500 | 21 | $2.2M |
| 2024 | Form 5500 | 25 | $2.6M |
| 2025 | Form 5500 | 27 | $2.8M |
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 |
|---|---|---|
| GRAY, BLODGETT & COMPANY, PLLC this business | $5.6M | — |
| Cox Janese CPA Norman | $735K | 0.0 mi |
| MICHAEL DOUGLAS CPA A PROFFESSIONAL CORP Norman · 2 employees | $548K | 0.0 mi |
| GRETHEN REMILLARD ASSOCIATES, P.C. Norman · 2 employees | $345K | 0.1 mi |
| Jonathan Horn Norman | $735K | 0.3 mi |
| POLSTON TAX RESOLUTION AND ACCOUNTING, LLC Norman · 105 employees | $21.7M | 0.3 mi |
| RODERICK H POLSTON LLC Norman · 2 employees | $498K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $5.6M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $925K |
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 | $4.0M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.1M – $5.4M |
| Revenue range | $3.7M – $6.4M |
| EBITDA range | $608K – $1.1M |
| Industry (NAICS) | Other Accounting Services (541219) |
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
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $350K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gray, Blodgett & Company, PLLC
Gray, Blodgett & Company, PLLC is an accounting & tax company in Norman, Oklahoma, in business since 1997. Its estimated annual revenue is about $5.6M, with roughly $925K of EBITDA. It has about 27 employees. Its estimated business value is $4.0M (likely range $2.1M–$5.4M).
Common questions
- Who owns Gray, Blodgett & Company, PLLC?
- The owner of Gray, Blodgett & Company, PLLC 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 Gray, Blodgett & Company, PLLC make?
- SeeBITDA estimates Gray, Blodgett & Company, PLLC's annual revenue at about $5.6M (likely between $3.7M and $6.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gray, Blodgett & Company, PLLC worth?
- About $4.0M, roughly 4.3× its estimated EBITDA of $925K, typical for a accounting & tax company its size. Likely range: $2.1M–$5.4M.
- How many employees does Gray, Blodgett & Company, PLLC have?
- About 27, from its 2025 retirement-plan filing.
- When was Gray, Blodgett & Company, PLLC founded?
- Gray, Blodgett & Company, PLLC has been in business since 1997.