Merit Financial Solutions, Inc.
How we got $810K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 FINANCIAL SOLUTIONS, INC. this business | $2.3M | — |
| DATA EXCHANGE INC Tulsa · 106 employees | $21.1M | 0.0 mi |
| NOBLE FINANCIAL SOLUTIONS, INC. Tulsa · 6 employees | $1.4M | 0.0 mi |
| XTRAORDINARY LOGISTICS SOLUTIONS INC Tulsa · 1 employees | $226K | 2.0 mi |
| RANDI MCKINNEY Tulsa · 1 employees | $166K | 2.3 mi |
| NORTHSTAR TECHNOLOGIES LLC Tulsa · 14 employees | $2.0M | 2.5 mi |
| TULSA COLLECTING SERVICE Tulsa · 22 employees | $4.2M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 8 |
| 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) | $3.1M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $270K |
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 | $810K |
| Multiple for this size and industry | 3× |
| Value range | $426K – $1.1M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $178K – $308K |
| Industry (NAICS) | Collection Agencies (561440) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020, PPP 2021 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $130K | 8 |
| 2/27/2021 | second | $86K | 6 |
About Merit Financial Solutions, Inc.
Merit Financial Solutions, Inc. is a collection agencies company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $270K of EBITDA. It has about 8 employees. Its estimated business value is $810K (likely range $426K–$1.1M).
Common questions
- Who owns Merit Financial Solutions, Inc.?
- The owner of Merit Financial Solutions, Inc. 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 Merit Financial Solutions, Inc. make?
- SeeBITDA estimates Merit Financial Solutions, Inc.'s annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merit Financial Solutions, Inc. worth?
- About $810K, roughly 3× its estimated EBITDA of $270K, typical for a collection agencies company its size. Likely range: $426K–$1.1M.
- How many employees does Merit Financial Solutions, Inc. have?
- About 8, as reported on its PPP loan.