Kelkar and Associates
How we got $1.0M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 42% 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 |
|---|---|---|
| KELKAR AND ASSOCIATES this business | $1.9M | — |
| INTEGRATED SECURITY SOLUTIONS, LLC Tulsa · 25 employees | $4.8M | 0.2 mi |
| MOREMOBILE LLC Tulsa · 17 employees | $6.2M | 0.2 mi |
| FOOD SAFETY GROUP, LLC Tulsa · 2 employees | $1.1M | 0.3 mi |
| D&E MANAGEMENT COMPANY, LLC Tulsa · 2 employees | $1.0M | 0.4 mi |
| RFS CONSULTING INC Tulsa · 4 employees | $1.4M | 0.7 mi |
| NEW DAY MEDIA, INC Tulsa · 8 employees | $2.3M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $348K |
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 | $1.0M |
| Multiple for this size and industry | 3× |
| Value range | $549K – $1.4M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $229K – $397K |
| Industry (NAICS) | Administrative Management and General Management Consulting Services (541611) |
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
- BankingBank of America, 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2020 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $64K | 4 |
About Kelkar and Associates
Kelkar and Associates is a consulting company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $348K of EBITDA. It has about 4 employees. Its estimated business value is $1.0M (likely range $549K–$1.4M).
Common questions
- Who owns Kelkar and Associates?
- The owner of Kelkar and Associates 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 Kelkar and Associates make?
- SeeBITDA estimates Kelkar and Associates's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kelkar and Associates worth?
- About $1.0M, roughly 3× its estimated EBITDA of $348K, typical for a consulting company its size. Likely range: $549K–$1.4M.
- How many employees does Kelkar and Associates have?
- About 4, as reported on its PPP loan.