Mcdonald & Kindelt, LLP
How we got $635K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▼ 33% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $833K |
| 2020 | Form 5500 | 3 | $833K |
| 2021 | Form 5500 | 3 | $833K |
| 2022 | Form 5500 | 2 | $556K |
| 2023 | Form 5500 | 3 | $833K |
| 2024 | Form 5500 | 2 | $556K |
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 |
|---|---|---|
| MCDONALD & KINDELT, LLP this business | $1.4M | — |
| DOUGLAS E STALL PLLC Tulsa · 2 employees | $451K | 0.0 mi |
| JONES, GOTCHER & BOGAN, P.C. Tulsa · 16 employees | $6.0M | 0.0 mi |
| MULLICAN & HART, P.C. Tulsa · 14 employees | $3.9M | 0.0 mi |
| THE HIRD LAW FIRM A PROFESSIONAL LIMITED Tulsa · 1 employees | $295K | 0.0 mi |
| TITUS HILLIS & REYNOLDS, P.C. Tulsa · 19 employees | $7.3M | 0.0 mi |
| Holden Litigation Tulsa | $942K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $921K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $276K |
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 | $635K |
| Multiple for this size and industry | 2.3× |
| Value range | $334K – $868K |
| Revenue range | $915K – $1.6M |
| EBITDA range | $181K – $315K |
| 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
People & advisors
Advisors
- BankingAmerican Bank and Trust CompanyPPP / 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
| American Bank and Trust Company PPP 2020, PPP 2021 | All 117 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $62K | 1 |
| 2/12/2021 | second | $70K | 3 |
About Mcdonald & Kindelt, LLP
Mcdonald & Kindelt, LLP is a law firms company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $276K of EBITDA. It has about 2 employees. Its estimated business value is $635K (likely range $334K–$868K).
Common questions
- Who owns Mcdonald & Kindelt, LLP?
- The owner of Mcdonald & Kindelt, LLP 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 Mcdonald & Kindelt, LLP make?
- SeeBITDA estimates Mcdonald & Kindelt, LLP's annual revenue at about $1.4M (likely between $915K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mcdonald & Kindelt, LLP worth?
- About $635K, roughly 2.3× its estimated EBITDA of $276K, typical for a law firms company its size. Likely range: $334K–$868K.
- How many employees does Mcdonald & Kindelt, LLP have?
- About 2, from its 2024 retirement-plan filing.