Keystone Chiropractic LLC
How we got $109K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 32% 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
What they do
Keystone Chiropractic is a chiropractic practice owned and operated by Dr Nathan Alexander, offering long appointments with soft tissue work. It has served the Tri-Cities area since 2014.
From the company's website. Industry: Chiropractors & therapists.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KEYSTONE CHIROPRACTIC LLC this business | $172K | — |
| Fike Chiropractic and Acupuncture Tulsa | $990K | 0.0 mi |
| Neurofit Oklahoma Tulsa | $990K | 0.0 mi |
| Rio Counseling At Recovery In Oklahoma Tulsa | $990K | 0.0 mi |
| XIAN ZHANG ANESTHESIA LLC Tulsa · 1 employees | $453K | 0.0 mi |
| Kasbaum Breckenridge Tulsa | $990K | 0.0 mi |
| Red Lotus Health Tulsa | $990K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $183K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $124K |
| Estimate: the two combined (geometric mean) | $172K |
| EBITDA margin (industry, adjusted for size) | 25% |
| EBITDA = revenue × margin | $43K |
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 | $109K |
| Multiple for this size and industry | 2.5× |
| Value range | $57K – $149K |
| Revenue range | $113K – $196K |
| EBITDA range | $29K – $50K |
| 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
- BankingCustomers 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
| Customers Bank PPP 2021 | All 220 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/6/2021 | first | $4K | 1 |
2 locations
| 4835 S Fulton Ave Ste 103 | Tulsa | This listing |
| 10124 S Sheridan Rd | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Keystone Chiropractic LLC
Keystone Chiropractic LLC is a chiropractors & therapists company in Tulsa, Oklahoma, in business since 2018. It is owned by Nathan Alexander. Its estimated annual revenue is about $172K, with roughly $43K of EBITDA. It has about 1 employees. Its estimated business value is $109K (likely range $57K–$149K). It has 2 locations.
Common questions
- Who owns Keystone Chiropractic LLC?
- Keystone Chiropractic LLC is owned by Nathan Alexander, according to public sources such as the company's website or filings.
- How much revenue does Keystone Chiropractic LLC make?
- SeeBITDA estimates Keystone Chiropractic LLC's annual revenue at about $172K (likely between $113K and $196K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Keystone Chiropractic LLC worth?
- About $109K, roughly 2.5× its estimated EBITDA of $43K, typical for a chiropractors & therapists company its size. Likely range: $57K–$149K.
- How many employees does Keystone Chiropractic LLC have?
- About 1, as reported on its PPP loan.
- When was Keystone Chiropractic LLC founded?
- Keystone Chiropractic LLC has been in business since 2018.