Immediate Care of Oklahoma, L.L.C.
How we got $19.5M
Based on its 74 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Immediate Care of Oklahoma is a walk-in urgent care and occupational medicine clinic in Oklahoma City that treats children and adults for non-life-threatening illness and injury.
From the company's website. Industry: Doctors & clinics.
Estimated value over time
▲ 74% 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 |
|---|---|---|
| IMMEDIATE CARE OF OKLAHOMA, L.L.C. this business | $24.4M | — |
| Mercy Sports Medicine & Orthopedics – Oklahoma City Oklahoma City | $2.2M | 0.4 mi |
| BE FREE LLC Oklahoma City · 1 employees | $211K | 0.8 mi |
| Tinker VA Clinic Tinker Afb | $4.4M | 1.5 mi |
| Litho Of America, Llc Oklahoma City | $2.2M | 1.6 mi |
| MID-DEL PHYSICAL THERAPY CLINIC, INC Del City · 5 employees | $1.4M | 3.2 mi |
| Firstep Women's Recovery Program Oklahoma City | $2.2M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 74 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $20.9M |
| Estimate: the two combined (geometric mean) | $24.4M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $3.5M |
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 | $19.5M |
| Multiple for this size and industry | 5.5× |
| Value range | $10.3M – $26.7M |
| Revenue range | $16.0M – $27.8M |
| EBITDA range | $2.3M – $4.0M |
| Industry (NAICS) | Freestanding Ambulatory Surgical and Emergency Centers (621493) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $601K | 73 |
| 2/12/2021 | second | $601K | 74 |
2 locations
| 5701 SE 74th | Oklahoma City | This listing |
| 502 N Broadway St | Tecumseh | 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 Immediate Care of Oklahoma, L.L.C.
Immediate Care of Oklahoma, L.L.C. is a doctors & clinics company in Oklahoma City, Oklahoma, in business since 2008. It is owned by Kevin Penwell (Founder and President). Its estimated annual revenue is about $24.4M, with roughly $3.5M of EBITDA. It has about 74 employees. Its estimated business value is $19.5M (likely range $10.3M–$26.7M). It has 2 locations.
Common questions
- Who owns Immediate Care of Oklahoma, L.L.C.?
- Immediate Care of Oklahoma, L.L.C. is owned by Kevin Penwell (Founder and President), according to public sources such as the company's website or filings.
- How much revenue does Immediate Care of Oklahoma, L.L.C. make?
- SeeBITDA estimates Immediate Care of Oklahoma, L.L.C.'s annual revenue at about $24.4M (likely between $16.0M and $27.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Immediate Care of Oklahoma, L.L.C. worth?
- About $19.5M, roughly 5.5× its estimated EBITDA of $3.5M, typical for a doctors & clinics company its size. Likely range: $10.3M–$26.7M.
- How many employees does Immediate Care of Oklahoma, L.L.C. have?
- About 74, as reported on its PPP loan.
- When was Immediate Care of Oklahoma, L.L.C. founded?
- Immediate Care of Oklahoma, L.L.C. has been in business since 2008.