How we got $754K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 31% since 2021Today'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 |
|---|---|---|
| HBE SYSTEMS LLC this business | $1.4M | — |
| IMMERSION FACTORY, LLC Norman · 1 employees | $401K | 0.6 mi |
| BLUEFIELD DIGITAL LLC Norman · 1 employees | $572K | 2.0 mi |
| CODE AND SPARK INNOVATIONS LLC Norman · 1 employees | $354K | 2.1 mi |
| RS SOFTWARE, LLC Norman · 7 employees | $2.2M | 2.3 mi |
| LEVANT TECHNOLOGIES LLC Norman · 2 employees | $1.0M | 2.8 mi |
| ZARITEK, INC. Norman · 2 employees | $840K | 2.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $251K |
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 | $754K |
| Multiple for this size and industry | 3× |
| Value range | $397K – $1.0M |
| Revenue range | $922K – $1.6M |
| EBITDA range | $165K – $287K |
| Industry (NAICS) | Custom Computer Programming Services (541511) |
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 Roles are as stated there and may be out of date.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 2021 | 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 |
|---|---|---|---|
| 3/26/2021 | first | $41K | 4 |
About Hbe Systems LLC
Hbe Systems LLC is an it & software company in Norman, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $251K of EBITDA. It has about 4 employees. Its estimated business value is $754K (likely range $397K–$1.0M).
Common questions
- Who owns Hbe Systems LLC?
- The owner of Hbe Systems LLC 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 Hbe Systems LLC make?
- SeeBITDA estimates Hbe Systems LLC's annual revenue at about $1.4M (likely between $922K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hbe Systems LLC worth?
- About $754K, roughly 3× its estimated EBITDA of $251K, typical for a it & software company its size. Likely range: $397K–$1.0M.
- How many employees does Hbe Systems LLC have?
- About 4, as reported on its PPP loan.