Hood and Associates, Cpas, PC
How we got $6.8M
Based on its 49 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 30% 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.
Employees over time
▲ 222% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 49 | $8.1M |
| 2020 | Form 5500 | 53 | $8.8M |
| 2021 | Form 5500 | 26 | $4.3M |
| 2022 | Form 5500 | 59 | $9.8M |
| 2023 | Form 5500 | 60 | $10.0M |
| 2024 | Form 5500 | 158 | $26.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOOD AND ASSOCIATES, CPAS, PC this business | $9.1M | — |
| Hood Sutton Robinson & Freeman Bartlesville | $735K | 0.0 mi |
| Scotts Accounting, LLC dba EZ Tax Experts Bartlesville | $735K | 0.0 mi |
| SHERRI'S OFFICER SERVICE INC Bartlesville · 8 employees | $754K | 0.3 mi |
| Jackson Hewitt Tax Service Bartlesville | $1.1M | 0.6 mi |
| Jackson Hewitt Tax Service Bartlesville | $1.1M | 1.1 mi |
| SERENA KAUK CPA LLC Bartlesville · 1 employees | $291K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 49 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.2M |
| Estimate: the two combined (geometric mean) | $9.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.3M |
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 | $6.8M |
| Multiple for this size and industry | 5.2× |
| Value range | $3.6M – $9.3M |
| Revenue range | $6.0M – $10.4M |
| EBITDA range | $861K – $1.5M |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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 2020 | 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 |
|---|---|---|---|
| 4/6/2020 | first | $391K | 49 |
2 locations
| 1821 SE WASHINGTON BLVD | Bartlesville | This listing |
| 323 W 1st St | Claremore | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hood and Associates, Cpas, PC
Hood and Associates, Cpas, PC is an accounting & tax company in Bartlesville, Oklahoma. It is owned by Paul Hood (Co-Founder and CEO). Its estimated annual revenue is about $9.1M, with roughly $1.3M of EBITDA. It has about 158 employees. Its estimated business value is $6.8M (likely range $3.6M–$9.3M). It has 2 locations.
Common questions
- Who owns Hood and Associates, Cpas, PC?
- Hood and Associates, Cpas, PC is owned by Paul Hood (Co-Founder and CEO), according to public sources such as the company's website or filings.
- How much revenue does Hood and Associates, Cpas, PC make?
- SeeBITDA estimates Hood and Associates, Cpas, PC's annual revenue at about $9.1M (likely between $6.0M and $10.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hood and Associates, Cpas, PC worth?
- About $6.8M, roughly 5.2× its estimated EBITDA of $1.3M, typical for a accounting & tax company its size. Likely range: $3.6M–$9.3M.
- How many employees does Hood and Associates, Cpas, PC have?
- About 158, from its 2024 retirement-plan filing.