Medtest Laboratories LLC
How we got $2.3M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| MEDTEST LABORATORIES LLC this business | $2.9M | — |
| CARTER PROFESSIONAL CARE HAMILTON LLC Edmond · 24 employees | $6.4M | 0.2 mi |
| CARTER PROFESSIONAL CARE STAFFORD, LLC Edmond · 43 employees | $10.6M | 0.2 mi |
| Dr. Christopher J. Barry Edmond | $1.5M | 0.3 mi |
| Immediate Care Clinic Edmond | $1.5M | 0.3 mi |
| Best Care Medical Center Pc Edmond | $1.5M | 0.3 mi |
| EliteCare IV and Wellness Edmond | $1.5M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $568K |
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 | $2.3M |
| Multiple for this size and industry | 4.1× |
| Value range | $1.2M – $3.2M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $374K – $648K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
- BankingThe Citizens Bank of EdmondPPP / 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 Roles are as stated there and may be out of date.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
| The Citizens Bank of Edmond PPP 2020 | All 502 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $111K | 12 |
About Medtest Laboratories LLC
Medtest Laboratories LLC is a doctors & clinics company in Edmond, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $568K of EBITDA. It has about 12 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Medtest Laboratories LLC?
- The owner of Medtest Laboratories 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 Medtest Laboratories LLC make?
- SeeBITDA estimates Medtest Laboratories LLC's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Medtest Laboratories LLC worth?
- About $2.3M, roughly 4.1× its estimated EBITDA of $568K, typical for a doctors & clinics company its size. Likely range: $1.2M–$3.2M.
- How many employees does Medtest Laboratories LLC have?
- About 12, as reported on its PPP loan.