Hartwig Enterprises Inc
How we got $800K
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 90% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 12% 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
▼ 83% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $1.1M |
| 2022 | Form 5500 | 9 | $1.6M |
| 2023 | Form 5500 | 10 | $1.8M |
| 2024 | Form 5500 | 4 | $718K |
| 2025 | Form 5500 | 1 | $179K |
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 |
|---|---|---|
| HARTWIG ENTERPRISES INC this business | $2.3M | — |
| SUMMIT DIGITAL SOLUTIONS INC Edmond · 1 employees | $283K | 1.1 mi |
| HAUSCHILD RESOURCES, LLC Edmond · 2 employees | $958K | 1.2 mi |
| CECILLIA STOLL ENTERPRISES LLC Edmond · 4 employees | $1.9M | 1.5 mi |
| JESSICA MURRAY Edmond · 1 employees | $392K | 3.0 mi |
| WE COLLECTIVE, LLC Edmond · 3 employees | $1.7M | 3.5 mi |
| JENNI L. GUNTER, INC. Edmond · 1 employees | $256K | 4.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $2.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $267K |
| Cross-check: revenue implied by PPP payroll | $511K |
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 | $800K |
| Multiple for this size and industry | 3× |
| Value range | $379K – $1.1M |
| Revenue range | $1.3M – $2.7M |
| EBITDA range | $158K – $316K |
| Industry (NAICS) | All Other Business Support Services (561499) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst 7(a) 2020, PPP 2020 | All 7,048 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 | $20K | 6 |
Public records
| Dec 2019 | 7(a) | $50K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hartwig Enterprises Inc
Hartwig Enterprises Inc is an all other business support services company in Edmond, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $267K of EBITDA. It has about 1 employees. Its estimated business value is $800K (likely range $379K–$1.1M).
Common questions
- Who owns Hartwig Enterprises Inc?
- The owner of Hartwig Enterprises 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 Hartwig Enterprises Inc make?
- SeeBITDA estimates Hartwig Enterprises Inc's annual revenue at about $2.3M (likely between $1.3M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hartwig Enterprises Inc worth?
- About $800K, roughly 3× its estimated EBITDA of $267K, typical for a all other business support services company its size. Likely range: $379K–$1.1M.
- How many employees does Hartwig Enterprises Inc have?
- About 1, from its 2025 retirement-plan filing.