How we got $2.2M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HEINCO INC this business | $2.8M | — |
| CHARLES L. EVANS, INC. Enid · 4 employees | $1.0M | 0.9 mi |
| JNJ TAX SERVICES Enid · 3 employees | $428K | 0.9 mi |
| BDM Tax Consulting Enid | $735K | 1.0 mi |
| JAMES R JORDEN PC Enid · 2 employees | $407K | 1.0 mi |
| HARESH A MUNI CPA INC Enid · 4 employees | $907K | 1.3 mi |
| CAMPBELL, SHAFFER & COMPANY, PC Enid · 11 employees | $2.7M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.7M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $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 | $2.2M |
| Multiple for this size and industry | 4.3× |
| Value range | $1.2M – $3.0M |
| Revenue range | $1.9M – $3.2M |
| EBITDA range | $336K – $583K |
| Industry (NAICS) | Tax Preparation Services (541213) |
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
- BankingThe Farmers and Merchants National Bank of FairviewPPP / 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 Roles are as stated there and may be out of date.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
| The Farmers and Merchants National Bank of Fairview PPP 2020, PPP 2021 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $149K | 23 |
| 1/21/2021 | second | $178K | 26 |
About Heinco Inc
Heinco Inc is an accounting & tax company in Enid, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $511K of EBITDA. It has about 26 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).
Common questions
- Who owns Heinco Inc?
- The owner of Heinco 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 Heinco Inc make?
- SeeBITDA estimates Heinco Inc's annual revenue at about $2.8M (likely between $1.9M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heinco Inc worth?
- About $2.2M, roughly 4.3× its estimated EBITDA of $511K, typical for a accounting & tax company its size. Likely range: $1.2M–$3.0M.
- How many employees does Heinco Inc have?
- About 26, as reported on its PPP loan.