Madison Medical, LLC
How we got $16.5M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 4% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MADISON MEDICAL, LLC this business | $10.1M | — |
| OKLAHOMA ADVANTAGE STOREHOUSE LLC Fairfax · 2 employees | $864K | 0.0 mi |
| YOUTH SERVICES OF OSAGE COUNTY, INC Pawhuska · 11 employees | $1.8M | 22.0 mi |
| Aaron's Ponca City | $1.9M | 23.0 mi |
| Aaron's Stillwater | $1.9M | 37.1 mi |
| TRUE COLOURS, INC. Stillwater · 6 employees | $1.5M | 37.5 mi |
| STEEL BARN EVENT CENTER LLC Skiatook · 2 employees | $469K | 41.2 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $10.1M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $3.0M |
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 | $16.5M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.7M – $22.5M |
| Revenue range | $6.7M – $11.6M |
| EBITDA range | $2.0M – $3.4M |
| Industry (NAICS) | Home Health Equipment Rental (532283) |
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
- BankingCross River 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 Roles are as stated there and may be out of date.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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $199K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Madison Medical, LLC
Madison Medical, LLC is a home health equipment rental company in Fairfax, Oklahoma. It is owned by WILLIAM L MADISON (President). Its estimated annual revenue is about $10.1M, with roughly $3.0M of EBITDA. It has about 36 employees. Its estimated business value is $16.5M (likely range $8.7M–$22.5M).
Common questions
- Who owns Madison Medical, LLC?
- Madison Medical, LLC is owned by WILLIAM L MADISON (President), according to public sources such as the company's website or filings.
- How much revenue does Madison Medical, LLC make?
- SeeBITDA estimates Madison Medical, LLC's annual revenue at about $10.1M (likely between $6.7M and $11.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Madison Medical, LLC worth?
- About $16.5M, roughly 5.5× its estimated EBITDA of $3.0M, typical for a home health equipment rental company its size. Likely range: $8.7M–$22.5M.
- How many employees does Madison Medical, LLC have?
- About 36, as reported on its PPP loan.