How we got $368K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 73% 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
▲ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 2 | $475K |
| 2024 | Form 5500 | 3 | $712K |
| 2025 | Form 5500 | 3 | $712K |
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 |
|---|---|---|
| LOCALPEOPLE LLC this business | $619K | — |
| MELBB ENTERPRISES LLC Edmond · 1 employees | $414K | 1.7 mi |
| TCN SOLUTIONS INC Edmond · 1 employees | $518K | 2.0 mi |
| TECHNOLOGY INNOVATIONS, INC. Edmond · 1 employees | $388K | 2.5 mi |
| Algorithm Technologies Edmond | $1.1M | 3.0 mi |
| JS ONE DEVELOPMENT LLC Edmond | $42.6M | 3.3 mi |
| H.S CAPITAL MANAGMENT Edmond · 5 employees | $2.0M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $875K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $337K |
| Estimate: the two combined (geometric mean) | $619K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $123K |
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 | $368K |
| Multiple for this size and industry | 3× |
| Value range | $194K – $504K |
| Revenue range | $407K – $706K |
| EBITDA range | $81K – $140K |
| Industry (NAICS) | Other Computer Related Services (541519) |
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: 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
- BankingValor 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
| Valor Bank PPP 2020 | All 81 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $10K | 2 |
About Localpeople LLC
Localpeople LLC is an it & software company in Edmond, Oklahoma. Its estimated annual revenue is about $619K, with roughly $123K of EBITDA. It has about 3 employees. Its estimated business value is $368K (likely range $194K–$504K).
Common questions
- Who owns Localpeople LLC?
- The owner of Localpeople 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 Localpeople LLC make?
- SeeBITDA estimates Localpeople LLC's annual revenue at about $619K (likely between $407K and $706K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Localpeople LLC worth?
- About $368K, roughly 3× its estimated EBITDA of $123K, typical for a it & software company its size. Likely range: $194K–$504K.
- How many employees does Localpeople LLC have?
- About 3, from its 2025 retirement-plan filing.