Hitech Assets LLC
How we got $23.8M
Based on its 75 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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 |
|---|---|---|
| HITECH ASSETS LLC this business | $26.9M | — |
| DCA Services Oklahoma City | $1.1M | 0.9 mi |
| DEEP FORK BUSINESS SOLUTIONS LLC Oklahoma City · 6 employees | $2.2M | 0.9 mi |
| DIGITAL SIX LABORATORIES, INC. Oklahoma City · 10 employees | $4.7M | 1.0 mi |
| SUMMIT TECHNOLOGY GROUP LLC Oklahoma City · 15 employees | $3.9M | 1.1 mi |
| KEYBRIDGE TECHNOLOGIES, INC. Oklahoma City · 122 employees | $41.7M | 1.2 mi |
| COMPUTERIZED RISK MANAGEMENT AND CONSULTING, LLC Oklahoma City · 3 employees | $1.2M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 75 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $25.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.6M |
| Estimate: the two combined (geometric mean) | $26.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $3.6M |
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 | $23.8M |
| Multiple for this size and industry | 6.6× |
| Value range | $12.5M – $32.6M |
| Revenue range | $17.7M – $30.7M |
| EBITDA range | $2.4M – $4.1M |
| Industry (NAICS) | Computer Systems Design Services (541512) |
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
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $814K | 75 |
About Hitech Assets LLC
Hitech Assets LLC is an it & software company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $26.9M, with roughly $3.6M of EBITDA. It has about 75 employees. Its estimated business value is $23.8M (likely range $12.5M–$32.6M).
Common questions
- Who owns Hitech Assets LLC?
- The owner of Hitech Assets 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 Hitech Assets LLC make?
- SeeBITDA estimates Hitech Assets LLC's annual revenue at about $26.9M (likely between $17.7M and $30.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hitech Assets LLC worth?
- About $23.8M, roughly 6.6× its estimated EBITDA of $3.6M, typical for a it & software company its size. Likely range: $12.5M–$32.6M.
- How many employees does Hitech Assets LLC have?
- About 75, as reported on its PPP loan.