Mem III Incorporated
How we got $445K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 38% 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 |
|---|---|---|
| MEM III INCORPORATED this business | $827K | — |
| Mills Chiropractic Tulsa | $2.0M | 0.0 mi |
| Tulsa Grief and Counseling Services Tulsa | $1.0M | 0.0 mi |
| Anew Dawn Counseling Services Tulsa | $1.0M | 0.0 mi |
| ESTRELLITAS PEDIATRICS CHRISTY STEWART APRN, CNP, PLLC Tulsa · 5 employees | $990K | 0.7 mi |
| Naturcare Tulsa | $1.0M | 0.9 mi |
| HOPE FOR TULSA, LLC Tulsa · 11 employees | $1.8M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $733K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $716K |
| Estimate: the two combined (geometric mean) | $827K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $178K |
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 | $445K |
| Multiple for this size and industry | 2.5× |
| Value range | $234K – $609K |
| Revenue range | $544K – $942K |
| EBITDA range | $117K – $203K |
| Industry (NAICS) | Offices of chiropractors (621310) |
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
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $23K | 4 |
| 4/21/2021 | second | $23K | 4 |
About Mem III Incorporated
Mem III Incorporated is a chiropractors & therapists company in Tulsa, Oklahoma. Its estimated annual revenue is about $827K, with roughly $178K of EBITDA. It has about 4 employees. Its estimated business value is $445K (likely range $234K–$609K).
Common questions
- Who owns Mem III Incorporated?
- The owner of Mem III Incorporated 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 Mem III Incorporated make?
- SeeBITDA estimates Mem III Incorporated's annual revenue at about $827K (likely between $544K and $942K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mem III Incorporated worth?
- About $445K, roughly 2.5× its estimated EBITDA of $178K, typical for a chiropractors & therapists company its size. Likely range: $234K–$609K.
- How many employees does Mem III Incorporated have?
- About 4, as reported on its PPP loan.