Medrite Health LLC
How we got $1.3M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Medrite Health is a family practice clinic offering family care, walk-in urgent care, weight loss and IV therapy services, staffed by nurse practitioners.
From the company's website. Industry: Doctors & clinics.
Estimated value over time
▲ 22% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MEDRITE HEALTH LLC this business | $2.0M | — |
| Kush Gardens Dispensary - Okmulgee Okmulgee | $1.5M | 0.2 mi |
| Jerry L Thorman Dds Inc. Okmulgee | $1.5M | 0.4 mi |
| The Anointed Leaf Okmulgee | $1.5M | 0.5 mi |
| Okmulgee Home Care Services Okmulgee | $1.5M | 0.6 mi |
| Herbal Cure Okmulgee | $1.5M | 0.6 mi |
| Jacob V. Greuel, MD Okmulgee | $4.5M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $387K |
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 | $1.3M |
| Multiple for this size and industry | 3.3× |
| Value range | $673K – $1.7M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $255K – $442K |
| Industry (NAICS) | Offices of Physicians, Mental Health Specialists (621112) |
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
People & advisors
Advisors
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $94K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Medrite Health LLC
Medrite Health LLC is a doctors & clinics company in Okmulgee, Oklahoma, in business since 2014. Its estimated annual revenue is about $2.0M, with roughly $387K of EBITDA. It has about 7 employees. Its estimated business value is $1.3M (likely range $673K–$1.7M).
Common questions
- Who owns Medrite Health LLC?
- The owner of Medrite Health 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 Medrite Health LLC make?
- SeeBITDA estimates Medrite Health LLC's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Medrite Health LLC worth?
- About $1.3M, roughly 3.3× its estimated EBITDA of $387K, typical for a doctors & clinics company its size. Likely range: $673K–$1.7M.
- How many employees does Medrite Health LLC have?
- About 7, as reported on its PPP loan.
- When was Medrite Health LLC founded?
- Medrite Health LLC has been in business since 2014.