Latham, Nelson, and Associates
- Darrell E. LathamPartner · Company website
- Phillip L. NelsonPartner · Company website
- Tabitha L. AdameAttorney · Company website
- Michael K. DuffyAttorney · Company website
- Ashleigh BerglundAttorney · Company website
How we got $1.7M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
A law firm offering legal services in personal injury, estate planning, real estate, family law, bankruptcy and business matters for clients in Altus and Lawton, Oklahoma.
From the company's website. Industry: Law firms.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| LATHAM, NELSON, AND ASSOCIATES this business | $3.4M | — |
| BSH ESQ, PLLC Altus · 2 employees | $534K | 0.4 mi |
| Brent S. Howard Altus | $943K | 0.4 mi |
| MARK T COKE, INC Altus · 2 employees | $807K | 0.5 mi |
| Tal Oden Law Office Altus | $943K | 0.6 mi |
| Mcmahan & Mcmahan Attorneys Altus | $943K | 0.6 mi |
| RANA WOMACK, P.L.L.C. Altus · 2 employees | $718K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $610K |
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 | $1.7M |
| Multiple for this size and industry | 2.8× |
| Value range | $899K – $2.3M |
| Revenue range | $2.2M – $3.9M |
| EBITDA range | $401K – $696K |
| 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
History & advisors
Advisors
- BankingNBC OklahomaPPP / 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
| NBC Oklahoma PPP 2020, PPP 2021 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $134K | 11 |
| 1/20/2021 | second | $132K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Latham, Nelson, and Associates
Latham, Nelson, and Associates is a law firms company in Altus, Oklahoma, in business since 2016. Its estimated annual revenue is about $3.4M, with roughly $610K of EBITDA. It has about 11 employees. Its estimated business value is $1.7M (likely range $899K–$2.3M).
Common questions
- Who owns Latham, Nelson, and Associates?
- The owner of Latham, Nelson, 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 Latham, Nelson, and Associates make?
- SeeBITDA estimates Latham, Nelson, and Associates's annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Latham, Nelson, and Associates worth?
- About $1.7M, roughly 2.8× its estimated EBITDA of $610K, typical for a law firms company its size. Likely range: $899K–$2.3M.
- How many employees does Latham, Nelson, and Associates have?
- About 11, as reported on its PPP loan.
- When was Latham, Nelson, and Associates founded?
- Latham, Nelson, and Associates has been in business since 2016.