Joshua Spears Chiropractic PC
How we got $469K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 38% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOSHUA SPEARS CHIROPRACTIC PC this business | $872K | — |
| MICHAEL A. SPEARS, D.C., P.C. Edmond · 2 employees | $512K | 0.0 mi |
| Dr. Krista Schuck Chiropractic Edmond | $991K | 0.1 mi |
| Vitality Chiropractic Edmond | $991K | 0.1 mi |
| INTEGRATED MASSAGE THERAPY COLLEGE, LLC Edmond · 11 employees | $1.7M | 0.1 mi |
| Edmond Chiropractic Center Edmond | $991K | 0.1 mi |
| BRUCE J HENG, D.C., INC. Edmond · 6 employees | $767K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $550K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $872K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $188K |
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 | $469K |
| Multiple for this size and industry | 2.5× |
| Value range | $247K – $642K |
| Revenue range | $573K – $994K |
| EBITDA range | $123K – $214K |
| Industry (NAICS) | Offices of chiropractors (621310) |
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
- BankingFirst Bank and Trust of Memphis, Security State Bank of OklahomaPPP / 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 Roles are as stated there and may be out of date.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 Bank and Trust of Memphis PPP 2020 | All 78 borrowers → |
| Security State Bank of Oklahoma PPP 2021 | All 154 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $34K | 3 |
| 1/20/2021 | second | $23K | 1 |
About Joshua Spears Chiropractic PC
Joshua Spears Chiropractic PC is a chiropractors & therapists company in Edmond, Oklahoma. Its estimated annual revenue is about $872K, with roughly $188K of EBITDA. It has about 3 employees. Its estimated business value is $469K (likely range $247K–$642K).
Common questions
- Who owns Joshua Spears Chiropractic PC?
- The owner of Joshua Spears Chiropractic PC 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 Joshua Spears Chiropractic PC make?
- SeeBITDA estimates Joshua Spears Chiropractic PC's annual revenue at about $872K (likely between $573K and $994K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Joshua Spears Chiropractic PC worth?
- About $469K, roughly 2.5× its estimated EBITDA of $188K, typical for a chiropractors & therapists company its size. Likely range: $247K–$642K.
- How many employees does Joshua Spears Chiropractic PC have?
- About 3, as reported on its PPP loan.