Iq Surgical, LLC
How we got $1.1M
Based on its 7 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.
Estimated value over time
▲ 40% 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 |
|---|---|---|
| IQ SURGICAL, LLC this business | $4.4M | — |
| WORDCOM INC Tulsa · 3 employees | $5.4M | 0.4 mi |
| DALEY DENTAL LABORATORY INC Tulsa · 2 employees | $1.5M | 0.7 mi |
| F C ZIEGLER COMPANY Tulsa · 114 employees | $99.5M | 0.7 mi |
| W B COX COMPANY INC Tulsa · 6 employees | $3.9M | 0.8 mi |
| SILICONE SPECIALTIES, INC. Tulsa · 85 employees | $79.9M | 0.8 mi |
| PRUITT MEDICAL SALES, LLC Tulsa · 2 employees | $2.4M | 2.2 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $371K |
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 | $1.1M |
| Multiple for this size and industry | 2.9× |
| Value range | $567K – $1.5M |
| Revenue range | $2.9M – $5.1M |
| EBITDA range | $244K – $423K |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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
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, PPP 2021 | 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 |
|---|---|---|---|
| 4/29/2020 | first | $38K | 4 |
| 3/18/2021 | second | $108K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Iq Surgical, LLC
Iq Surgical, LLC is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Tulsa, Oklahoma, in business since 2008. Its estimated annual revenue is about $4.4M, with roughly $371K of EBITDA. It has about 7 employees. Its estimated business value is $1.1M (likely range $567K–$1.5M).
Common questions
- Who owns Iq Surgical, LLC?
- The owner of Iq Surgical, 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 Iq Surgical, LLC make?
- SeeBITDA estimates Iq Surgical, LLC's annual revenue at about $4.4M (likely between $2.9M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Iq Surgical, LLC worth?
- About $1.1M, roughly 2.9× its estimated EBITDA of $371K, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $567K–$1.5M.
- How many employees does Iq Surgical, LLC have?
- About 7, as reported on its PPP loan.
- When was Iq Surgical, LLC founded?
- Iq Surgical, LLC has been in business since 2008.