Karnes Medical Inc.
How we got $394K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 17% since 2021Today'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 |
|---|---|---|
| KARNES MEDICAL INC. this business | $557K | — |
| KIMBERLY WISE, M.D., P.C. Norman · 16 employees | $4.4M | 0.1 mi |
| Hi Roots Cannabis Co. Norman | $1.5M | 0.2 mi |
| JOEL E HOLLOWAY MD INC Norman · 9 employees | $2.1M | 0.3 mi |
| Richard S Gilman Dds Norman | $1.5M | 0.3 mi |
| Joseph Patrick Seay, Dds, Pllc Norman | $1.5M | 0.4 mi |
| ANDERSON F. GREENHAW MD PLLC Norman · 2 employees | $790K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $626K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $382K |
| Estimate: the two combined (geometric mean) | $557K |
| EBITDA margin (industry, adjusted for size) | 25% |
| EBITDA = revenue × margin | $141K |
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 | $394K |
| Multiple for this size and industry | 2.8× |
| Value range | $207K – $539K |
| Revenue range | $367K – $636K |
| EBITDA range | $93K – $160K |
| Industry (NAICS) | Offices of Physicians, Mental Health Specialists (621112) |
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
- BankingSwedish-American State 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 Roles are as stated there and may be out of date.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
| Swedish-American State Bank PPP 2021 | All 2 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | second | $14K | 2 |
About Karnes Medical Inc.
Karnes Medical Inc. is a doctors & clinics company in Norman, Oklahoma. Its estimated annual revenue is about $557K, with roughly $141K of EBITDA. It has about 2 employees. Its estimated business value is $394K (likely range $207K–$539K).
Common questions
- Who owns Karnes Medical Inc.?
- The owner of Karnes Medical Inc. 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 Karnes Medical Inc. make?
- SeeBITDA estimates Karnes Medical Inc.'s annual revenue at about $557K (likely between $367K and $636K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Karnes Medical Inc. worth?
- About $394K, roughly 2.8× its estimated EBITDA of $141K, typical for a doctors & clinics company its size. Likely range: $207K–$539K.
- How many employees does Karnes Medical Inc. have?
- About 2, as reported on its PPP loan.