Merit Advisors, Inc
How we got $2.2M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 30 years (since 1996)
- Founder still runs it after 30 years
From public records and the company's website, not a statement that it's for sale.
What they do
Merit Advisors is a multidisciplinary team of energy industry advisors that helps oil and gas, oilfield services, midstream, and power and infrastructure companies reduce taxes and operating costs and recover overpayments.
From the company's website. Industry: Financial advisors.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 7 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 8 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 2 mi · $711.6M
- T/J INSPECTION, INC. · Del City, 7 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 4 mi · $557.7M
Estimated value over time
▲ 25% 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 |
|---|---|---|
| MERIT ADVISORS, INC this business | $2.2M | — |
| AVONDALE INVESTMENTS, L.L.C. Oklahoma City · 2 employees | $1.4M | 0.1 mi |
| HOGAN DATA OPERATIONS LP Oklahoma City · 13 employees | $6.3M | 0.4 mi |
| KEYSTONE TRAVEL LLC Oklahoma City · 1 employees | $609K | 1.0 mi |
| PLAN GROUP FINANCIAL, INC. Oklahoma City · 11 employees | $4.1M | 1.0 mi |
| AEMS, LLC Oklahoma City · 8 employees | $5.7M | 1.1 mi |
| T-STONE LLC Oklahoma City · 175 employees | $260.1M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 35% |
| EBITDA = revenue × margin | $787K |
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 | $2.2M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.2M – $3.0M |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $518K – $897K |
| Industry (NAICS) | Miscellaneous Financial Investment Activities (523999) |
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
- BankingInterBankPPP / 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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $58K | 3 |
| 1/29/2021 | second | $58K | 3 |
3 locations
| 121 NE 50TH ST | Oklahoma City | This listing |
| 4727 Gaillardia Pkwy Ste 100 | Oklahoma City | View |
| 110 W 7th St Ste 1250 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Merit Advisors, Inc
Merit Advisors, Inc is a financial advisors company in Oklahoma City, Oklahoma, in business since 1996. It is owned by Will Presson (Founder, President). Its estimated annual revenue is about $2.2M, with roughly $787K of EBITDA. It has about 3 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M). It has 3 locations.
Common questions
- Who owns Merit Advisors, Inc?
- Merit Advisors, Inc is owned by Will Presson (Founder, President), according to public sources such as the company's website or filings.
- How much revenue does Merit Advisors, Inc make?
- SeeBITDA estimates Merit Advisors, Inc's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merit Advisors, Inc worth?
- About $2.2M, roughly 2.8× its estimated EBITDA of $787K, typical for a financial advisors company its size. Likely range: $1.2M–$3.0M.
- How many employees does Merit Advisors, Inc have?
- About 3, as reported on its PPP loan.
- When was Merit Advisors, Inc founded?
- Merit Advisors, Inc has been in business since 1996.
- Is Merit Advisors, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 30 years (since 1996); founder still runs it after 30 years.