Hoffman Business Enterprises Inc
How we got $8.5M
Based on its 353 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 25% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOFFMAN BUSINESS ENTERPRISES INC this business | $21.4M | — |
| ABUNDANT SOLUTIONS, INC. Tulsa · 153 employees | $17.2M | 0.1 mi |
| HANINGER LLC Tulsa · 4 employees | $742K | 0.3 mi |
| CRAFTSMEN RESOURCES LLC Tulsa · 37 employees | $4.7M | 0.5 mi |
| OKLAHOMA STAFFING SPECIALISTS, LLC Tulsa · 98 employees | $9.8M | 0.5 mi |
| EPG SERVICE SOLUTIONS LLC Tulsa · 141 employees | $14.1M | 0.8 mi |
| INTEGRITY STAFFING SOLUTIONS, LLC. Tulsa · 149 employees | $25.6M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 353 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.8M |
| Estimate: the two combined (geometric mean) | $21.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.9M |
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 | $8.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.5M – $11.6M |
| Revenue range | $14.1M – $24.4M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Temporary Help Services (561320) |
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
People & advisors
Advisors
- BankingSecurity 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 Roles are as stated there and may be out of date.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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $900K | 353 |
About Hoffman Business Enterprises Inc
Hoffman Business Enterprises Inc is a staffing & recruiting company in Tulsa, Oklahoma. Its estimated annual revenue is about $21.4M, with roughly $1.9M of EBITDA. It has about 353 employees. Its estimated business value is $8.5M (likely range $4.5M–$11.6M).
Common questions
- Who owns Hoffman Business Enterprises Inc?
- The owner of Hoffman Business 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 Hoffman Business Enterprises Inc make?
- SeeBITDA estimates Hoffman Business Enterprises Inc's annual revenue at about $21.4M (likely between $14.1M and $24.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hoffman Business Enterprises Inc worth?
- About $8.5M, roughly 4.5× its estimated EBITDA of $1.9M, typical for a staffing & recruiting company its size. Likely range: $4.5M–$11.6M.
- How many employees does Hoffman Business Enterprises Inc have?
- About 353, as reported on its PPP loan.