Kelly Medical, P.C.
How we got $8.7M
Based on its 37 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
- Headcount down 50% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 23% 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
▼ 65% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 37 | $8.2M |
| 2020 | Form 5500 | 17 | $3.8M |
| 2021 | Form 5500 | 26 | $5.8M |
| 2022 | Form 5500 | 18 | $4.0M |
| 2023 | Form 5500 | 21 | $4.7M |
| 2024 | Form 5500 | 15 | $3.3M |
| 2025 | Form 5500 | 13 | $2.9M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KELLY MEDICAL, P.C. this business | $11.1M | — |
| Dental Wellness Center, Pllc Oklahoma City | $1.5M | 0.0 mi |
| Ryan James French Oklahoma City | $1.5M | 0.0 mi |
| Curtis Cunningham, D.d.s., Pc Oklahoma City | $1.5M | 0.0 mi |
| Lydia J Dennis Oklahoma City | $1.5M | 0.0 mi |
| Oklahoma Heart Emergency Services, Llc. Oklahoma City | $1.5M | 0.0 mi |
| Mercy Health Network Of The Southern Region, Inc. Oklahoma City | $1.5M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $11.1M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.7M |
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 | $8.7M |
| Multiple for this size and industry | 5× |
| Value range | $4.6M – $11.9M |
| Revenue range | $7.3M – $12.7M |
| EBITDA range | $1.1M – $2.0M |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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 Liberty 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 Liberty Bank PPP 2020 | All 382 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 | $517K | 37 |
About Kelly Medical, P.C.
Kelly Medical, P.C. is a doctors & clinics company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $11.1M, with roughly $1.7M of EBITDA. It has about 13 employees. Its estimated business value is $8.7M (likely range $4.6M–$11.9M).
Common questions
- Who owns Kelly Medical, P.C.?
- The owner of Kelly Medical, P.C. 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 Kelly Medical, P.C. make?
- SeeBITDA estimates Kelly Medical, P.C.'s annual revenue at about $11.1M (likely between $7.3M and $12.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kelly Medical, P.C. worth?
- About $8.7M, roughly 5× its estimated EBITDA of $1.7M, typical for a doctors & clinics company its size. Likely range: $4.6M–$11.9M.
- How many employees does Kelly Medical, P.C. have?
- About 13, from its 2025 retirement-plan filing.