Hart & Associates, Inc
How we got $3.5M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 25% 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $3.2M |
| 2020 | Form 5500 | 4 | $2.2M |
| 2021 | Form 5500 | 5 | $2.7M |
| 2022 | Form 5500 | 5 | $2.7M |
| 2023 | Form 5500 | 5 | $2.7M |
| 2024 | Form 5500 | 6 | $3.2M |
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 |
|---|---|---|
| HART & ASSOCIATES, INC this business | $2.9M | — |
| COMPASS 360 LLC Blanchard · 2 employees | $668K | 17.4 mi |
| LAND SERVICES, INC. Blanchard · 1 employees | $767K | 17.4 mi |
| RETIREMENT SOLUTIONS, LLC Blanchard · 2 employees | $573K | 19.0 mi |
| SHARLA CLEVELAND, LLC Newcastle · 1 employees | $702K | 23.8 mi |
| SUCCESSFUL FINANCIAL STRATEGIES, INC Mustang · 3 employees | $1.6M | 27.1 mi |
| TURN KEY SOLUTIONS Mustang · 3 employees | $2.3M | 27.5 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 35% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.5M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.8M – $4.8M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $673K – $1.2M |
| Industry (NAICS) | Miscellaneous Financial Investment Activities (523999) |
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
- 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 |
|---|---|---|---|
| 4/28/2020 | first | $62K | 6 |
About Hart & Associates, Inc
Hart & Associates, Inc is a financial advisors company in Chickasha, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $1.0M of EBITDA. It has about 6 employees. Its estimated business value is $3.5M (likely range $1.8M–$4.8M).
Common questions
- Who owns Hart & Associates, Inc?
- The owner of Hart & Associates, 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 Hart & Associates, Inc make?
- SeeBITDA estimates Hart & Associates, Inc's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hart & Associates, Inc worth?
- About $3.5M, roughly 3.4× its estimated EBITDA of $1.0M, typical for a financial advisors company its size. Likely range: $1.8M–$4.8M.
- How many employees does Hart & Associates, Inc have?
- About 6, from its 2024 retirement-plan filing.