SeeBITDAOklahoma

Looney, Nichols & Johnson PLLC

  • 1900 NW Expressway, Ste 1210, Oklahoma City, OK
  • Since 1931
  • NAICS 541110
Estimated valueMedium confidence
$657K
$346Klikely range$898K
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$1.4M
a year
Profit (EBITDA)
$286K
20% of revenue
Employees
3
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $657K

Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.

3 employees × $307K each$922K
PPP payroll ÷ payroll's usual share of revenue$1.7M
Shown toward the top of its range×1.14
Revenue$1.4M
× 20% profit margin$286K
× 2.3 sale multiple = value$657K

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$525K$1.0M2020202120222023202420252026

Today'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 2020
051020202021202220232024202532
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan3$833K$165K
2020Form 55005$1.4M$275K
2021Form 55005$1.4M$275K
2022Form 55003$833K$165K
2023Form 55003$833K$165K
2024Form 55002$556K$110K
2025Form 55002$556K$110K

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.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 95 years (since 1931)

From public records and the company's website, not a statement that it's for sale.

What they do

Looney, Nichols & Johnson, PLLC is an Oklahoma City law firm founded in 1931 that represents employers, insurance carriers, third-party administrators, and self insured employers in workers' compensation matters.

Markets served
employersinsurance carriersthird-party administratorsself insured employers
Certifications
Certified Workers' Compensation mediatorOklahoma Bar Association Workers' Compensation SectionOklahoma Association of Defense CounselOklahoma Bar Association Insurance Law DivisionOklahoma County Bar AssociationAmerican Bar Association-Tort and Insurance SectionDefense Research InstituteWorkers' Compensation Defense Counsel

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.

Insurance agencies

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
LOONEY, NICHOLS & JOHNSON PLLC
this business
$1.4M$286K—
ADAM R BANNER, P.C.
Oklahoma City · 1 employees
$417K$97K0.0 mi
AMERICAN IMMIGRATION LAWYERS, P.L.L.C.
Oklahoma City · 7 employees
$1.5M$266K0.0 mi
ARTHUR F HOGE III PC
Oklahoma City · 1 employees
$467K$109K0.0 mi
CRAIG E. BROWN PC
Oklahoma City · 2 employees
$722K$168K0.0 mi
CRAMER PLLC
Oklahoma City · 1 employees
$399K$93K0.0 mi
DUSTIN S PHILLIPS PC
Oklahoma City · 1 employees
$362K$84K0.0 mi

The full calculation

Employees reported to the SBA3
Revenue from headcount (employees × revenue per employee for companies this size)$922K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.7M
Estimate: the two combined (geometric mean)$1.4M
EBITDA margin (industry, adjusted for size)20%
EBITDA = revenue × margin$286K

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$657K
Multiple for this size and industry2.3×
Value range$346K – $898K
Revenue range$947K – $1.6M
EBITDA range$188K – $326K
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

Founded 1931
“Looney, Nichols & Johnson was founded in 1931, in Oklahoma City, Oklahoma, with the goal of providing its clients with the best legal advice possible.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$66K$67K3BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Looney, Nichols & Johnson PLLC

Looney, Nichols & Johnson PLLC is a law firms company in Oklahoma City, Oklahoma, in business since 1931. Its estimated annual revenue is about $1.4M, with roughly $286K of EBITDA. It has about 2 employees. Its estimated business value is $657K (likely range $346K–$898K).

Common questions

Who owns Looney, Nichols & Johnson PLLC?
The owner of Looney, Nichols & Johnson PLLC 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 Looney, Nichols & Johnson PLLC make?
SeeBITDA estimates Looney, Nichols & Johnson PLLC's annual revenue at about $1.4M (likely between $947K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Looney, Nichols & Johnson PLLC worth?
About $657K, roughly 2.3× its estimated EBITDA of $286K, typical for a law firms company its size. Likely range: $346K–$898K.
How many employees does Looney, Nichols & Johnson PLLC have?
About 2, from its 2025 retirement-plan filing.
When was Looney, Nichols & Johnson PLLC founded?
Looney, Nichols & Johnson PLLC has been in business since 1931.