Lake Country Medical Billing, LLC
How we got $1.2M
Based on 14 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 54% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LAKE COUNTRY MEDICAL BILLING, LLC this business | $7.4M | — |
| QUALITY RX CONSULTING, LLC Atoka · 1 employees | $1.4M | 0.0 mi |
| RITTER EXPRESS PHARMACY INC Atoka · 13 employees | $8.4M | 0.0 mi |
| PALACE DRUG STORE, INC Coalgate · 11 employees | $6.5M | 12.2 mi |
| RANDEE HALLMARK Durant · 1 employees | $958K | 29.8 mi |
| MIRACLE DURABLE MEDICAL EQUIPMENT, INC. Durant · 4 employees | $1.8M | 30.2 mi |
| MEDICAL CENTER PHARMACY OF DURANT, INC Durant · 66 employees | $31.2M | 30.3 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Industry revenue per employee | $300K |
| Revenue = employees × revenue per employee | $7.4M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $494K |
| Cross-check: revenue implied by PPP payroll | $270K |
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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $561K – $1.7M |
| Revenue range | $4.4M – $8.8M |
| EBITDA range | $292K – $584K |
| Industry (NAICS) | Retail Trade (446199) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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: approximate sector default. 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
- BankingFirstBankPPP / 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 Roles are as stated there and may be out of date.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
| FirstBank PPP 2020 | All 263 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $6K | 14 |
About Lake Country Medical Billing, LLC
Lake Country Medical Billing, LLC is a retail trade company in Atoka, Oklahoma. Its estimated annual revenue is about $7.4M, with roughly $494K of EBITDA. It has about 14 employees. Its estimated business value is $1.2M (likely range $561K–$1.7M).
Common questions
- Who owns Lake Country Medical Billing, LLC?
- The owner of Lake Country Medical Billing, LLC 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 Lake Country Medical Billing, LLC make?
- SeeBITDA estimates Lake Country Medical Billing, LLC's annual revenue at about $7.4M (likely between $4.4M and $8.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lake Country Medical Billing, LLC worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $494K, typical for a retail trade company its size. Likely range: $561K–$1.7M.
- How many employees does Lake Country Medical Billing, LLC have?
- About 14, as reported on its PPP loan.