- Keith JacobsHR Generalist - Tulsa, OK · Company website
How we got $34.6M
Based on its 478 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 44% 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
▼ 61% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 478 | $15.2M |
| 2020 | Form 5500 | 163 | $5.2M |
| 2021 | Form 5500 | 160 | $5.1M |
| 2022 | Form 5500 | 153 | $4.9M |
| 2023 | Form 5500 | 179 | $5.7M |
| 2024 | Form 5500 | 187 | $5.9M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Inceed is a staffing company that connects IT and accounting & finance professionals with companies on contract, contract-to-hire, and direct placement settings.
From the company's website. Industry: Staffing & recruiting.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HOGANTAYLOR LLP · Tulsa, 2 mi · $86.5M
- FINLEY AND COOK PLLC · Shawnee, 77 mi · $45.0M
- KYLE'S APPLIANCE REPAIR · Tulsa, 7 mi · $28.7M
- CCK STRATEGIES PLLC · Tulsa, 9 mi · $28.4M
- PACESETTER TEMPORARY SERVICES, LLC · Tulsa, 1 mi · $26.2M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INCEED LLC this business | $69.2M | — |
| ACHIEVE WITHUS STAFFING, INC. Tulsa · 3 employees | $422K | 0.3 mi |
| Peopleready Tulsa | $1.1M | 0.3 mi |
| ROGUE RECRUITMENT, LLC Tulsa · 5 employees | $2.3M | 0.4 mi |
| CASHEL ROCK RESOURCES LLC Tulsa · 1 employees | $210K | 0.4 mi |
| JACOBI, LLC Tulsa · 78 employees | $10.0M | 0.4 mi |
| DUSTIN BAKER & COMPANY INC. Tulsa · 1 employees | $651K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 478 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $46.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $78.7M |
| Estimate: the two combined (geometric mean) | $69.2M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $5.3M |
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 | $34.6M |
| Multiple for this size and industry | 6.5× |
| Value range | $18.2M – $47.3M |
| Revenue range | $45.5M – $78.9M |
| EBITDA range | $3.5M – $6.1M |
| Industry (NAICS) | Employment Placement Agencies (561311) |
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
- AccountingCbiz CPAS P.C.Audits its 401(k) plan (2024 filing)
- BankingFirst Pryority 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
| First Pryority Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $6.3M | 478 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Inceed LLC
Inceed LLC is a staffing & recruiting company in Tulsa, Oklahoma, in business since 2001. Its estimated annual revenue is about $69.2M, with roughly $5.3M of EBITDA. It has about 187 employees. Its estimated business value is $34.6M (likely range $18.2M–$47.3M).
Common questions
- Who owns Inceed LLC?
- The owner of Inceed 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 Inceed LLC make?
- SeeBITDA estimates Inceed LLC's annual revenue at about $69.2M (likely between $45.5M and $78.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Inceed LLC worth?
- About $34.6M, roughly 6.5× its estimated EBITDA of $5.3M, typical for a staffing & recruiting company its size. Likely range: $18.2M–$47.3M.
- How many employees does Inceed LLC have?
- About 187, from its 2024 retirement-plan filing.
- When was Inceed LLC founded?
- Inceed LLC has been in business since 2001.