Maxq Research LLC
How we got $5.0M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 33% 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
Customers & suppliers
Customers
- Department of the Army · federal contracts $1.4M
- Defense Health Agency · federal contracts $1.3M
- Department of the Air Force · federal contracts $75K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MAXQ RESEARCH LLC this business | $8.8M | — |
| Rodzilla Rests Stillwater | $2.0M | 3.6 mi |
| GENESEE PHOTO SYSTEMS, INC. Stillwater · 3 employees | $2.0M | 5.9 mi |
| HAYS & HAYS COMPANIES, INC Stillwater · 4 employees | $642K | 6.3 mi |
| SIGNS NOW #229 Stillwater · 3 employees | $477K | 6.3 mi |
| SpeedPro Oklahoma City North Stillwater | $960K | 8.2 mi |
| MAGIC BAIT CO., INC. Guthrie · 14 employees | $5.9M | 22.3 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.1M |
| Estimate: the two combined (geometric mean) | $8.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.6M – $6.9M |
| Revenue range | $5.8M – $10.0M |
| EBITDA range | $705K – $1.2M |
| Industry (NAICS) | All Other Miscellaneous Manufacturing (339999) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $138K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Maxq Research LLC
Maxq Research LLC is an all other miscellaneous manufacturing company in Stillwater, Oklahoma. It is owned by Saravan Kumar (CEO). Its estimated annual revenue is about $8.8M, with roughly $1.1M of EBITDA. It has about 29 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.9M).
Common questions
- Who owns Maxq Research LLC?
- Maxq Research LLC is owned by Saravan Kumar (CEO), according to public sources such as the company's website or filings.
- How much revenue does Maxq Research LLC make?
- SeeBITDA estimates Maxq Research LLC's annual revenue at about $8.8M (likely between $5.8M and $10.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Maxq Research LLC worth?
- About $5.0M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a all other miscellaneous manufacturing company its size. Likely range: $2.6M–$6.9M.
- How many employees does Maxq Research LLC have?
- About 29, as reported on its PPP loan.