Kerr Irvine Rhodes & Ables
How we got $813K
Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Kerr, Irvine, Rhodes & Ables is a local law firm with a 75-year history serving Oklahoma businesses and clients, including large and small corporations. It is noted for insurance regulatory law and acts as outside counsel to Oklahoma domestic insurers and other business entities.
From the company's website. Industry: Law firms.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- COMPSOURCE MUTUAL INSURANCE COMPANY · Oklahoma City, 1 mi · $137.6M
- CLAIMS MANAGEMENT RESOURCES · Oklahoma City, 1 mi · $84.4M
- NIEMANN AND ASSOCIATES, LLC · Oklahoma City, 7 mi · $64.6M
- NATIONAL STUDENT SERVICES, INC. · Stillwater, 50 mi · $38.5M
- KIRK FUQUA INSURANCE AGENCY INC · Edmond, 12 mi · $20.1M
Estimated value over time
▲ 51% 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
▼ 33% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 6 | $1.7M |
| 2020 | Form 5500 | 5 | $1.4M |
| 2021 | Form 5500 | 4 | $1.1M |
| 2022 | Form 5500 | 4 | $1.1M |
| 2023 | Form 5500 | 4 | $1.1M |
| 2024 | Form 5500 | 4 | $1.1M |
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 |
|---|---|---|
| KERR IRVINE RHODES & ABLES this business | $2.0M | — |
| AMY J SINE PLLC Oklahoma City · 1 employees | $596K | 0.0 mi |
| ARMAND PALIOTTA PC Oklahoma City · 1 employees | $571K | 0.0 mi |
| ASHLEY L. POWELL, PLLC Oklahoma City · 1 employees | $498K | 0.0 mi |
| BILL JOHNSON, PC Oklahoma City · 1 employees | $560K | 0.0 mi |
| C. RUSSELL WOODY, P.C. Oklahoma City · 1 employees | $529K | 0.0 mi |
| CALDWELL, FUNCK, THOMPSON & HANNER PC Oklahoma City · 6 employees | $2.2M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $354K |
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 | $813K |
| Multiple for this size and industry | 2.3× |
| Value range | $428K – $1.1M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $233K – $403K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & 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 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 |
|---|---|---|---|
| 3/8/2021 | first | $83K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kerr Irvine Rhodes & Ables
Kerr Irvine Rhodes & Ables is a law firms company in Oklahoma City, Oklahoma, in business since 2000. It is owned by Angela Ables (President). Its estimated annual revenue is about $2.0M, with roughly $354K of EBITDA. It has about 4 employees. Its estimated business value is $813K (likely range $428K–$1.1M).
Common questions
- Who owns Kerr Irvine Rhodes & Ables?
- Kerr Irvine Rhodes & Ables is owned by Angela Ables (President), according to public sources such as the company's website or filings.
- How much revenue does Kerr Irvine Rhodes & Ables make?
- SeeBITDA estimates Kerr Irvine Rhodes & Ables's annual revenue at about $2.0M (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 Kerr Irvine Rhodes & Ables worth?
- About $813K, roughly 2.3× its estimated EBITDA of $354K, typical for a law firms company its size. Likely range: $428K–$1.1M.
- How many employees does Kerr Irvine Rhodes & Ables have?
- About 4, from its 2024 retirement-plan filing.
- When was Kerr Irvine Rhodes & Ables founded?
- Kerr Irvine Rhodes & Ables has been in business since 2000.