Heartland Aed Inc.
How we got $284K
Based on 1 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 33% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HEARTLAND AED INC. this business | $1.2M | — |
| Financial Equipment Company Jenks | $9.6M | 3.6 mi |
| DUNNING PHOTO EQUIPMENT INC Bixby · 5 employees | $4.3M | 4.6 mi |
| MOUNTAINEER HOLDINGS, LLC Tulsa · 4 employees | $3.6M | 5.1 mi |
| BUTTE MEDICAL, LLC Tulsa · 1 employees | $1.0M | 7.1 mi |
| FOUNDATION FUSION SOLUTIONS, LLC Tulsa · 9 employees | $8.7M | 7.2 mi |
| GLOBAL ADMIN. INC. Tulsa · 3 employees | $2.6M | 7.2 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $1.0M |
| Revenue = employees × revenue per employee | $1.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $118K |
| Cross-check: revenue implied by PPP payroll | $272K |
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 | $284K |
| Multiple for this size and industry | 2.4× |
| Value range | $134K – $403K |
| Revenue range | $691K – $1.4M |
| EBITDA range | $70K – $140K |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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, 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
- BankingGrand 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 Roles are as stated there and may be out of date.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
| Grand Bank PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/6/2021 | first | $3K | 1 |
About Heartland Aed Inc.
Heartland Aed Inc. is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Bixby, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $118K of EBITDA. It has about 1 employees. Its estimated business value is $284K (likely range $134K–$403K).
Common questions
- Who owns Heartland Aed Inc.?
- The owner of Heartland Aed 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 Heartland Aed Inc. make?
- SeeBITDA estimates Heartland Aed Inc.'s annual revenue at about $1.2M (likely between $691K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heartland Aed Inc. worth?
- About $284K, roughly 2.4× its estimated EBITDA of $118K, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $134K–$403K.
- How many employees does Heartland Aed Inc. have?
- About 1, as reported on its PPP loan.