Midtown Dermatology LLC
How we got $2.3M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Midtown Dermatology is a Tulsa, OK dermatology practice offering medical, surgical, and cosmetic dermatology care, including skin cancer treatment with Mohs surgery, for patients seeking help with skin conditions and aesthetic services.
From the company's website. Industry: Doctors & clinics.
Customers & suppliers
Suppliers & brands
- Cutera · brand it sells or installs
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.
Employees over time
▲ 100% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $2.4M |
| 2020 | Form 5500 | 12 | $2.7M |
| 2021 | Form 5500 | 10 | $2.2M |
| 2022 | Form 5500 | 17 | $3.8M |
| 2023 | Form 5500 | 20 | $4.4M |
| 2024 | Form 5500 | 22 | $4.9M |
| 2025 | Form 5500 | 22 | $4.9M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MIDTOWN DERMATOLOGY LLC this business | $2.9M | — |
| Dr. JENNIFER GILBERT, Au.D. Audiologist Tulsa Tulsa | $1.5M | 0.0 mi |
| Lynn A Anderson Tulsa | $1.5M | 0.0 mi |
| Women's Healthcare Pc Tulsa | $1.5M | 0.0 mi |
| Young Peoples Clinic Pc Tulsa | $1.5M | 0.0 mi |
| Delricht Research Of Clinical Trials Tulsa Tulsa | $1.5M | 0.0 mi |
| Lindsay Dilbeck Tulsa | $1.5M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| 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 | $373K – $647K |
| 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
Leadership
- LALynn A. AndersonBoard-Certified Dermatologist · Company website · source
- KRKristen R. RiceBoard-Certified Dermatologist · Company website · source
- JGJacqueline GuidryBoard-Certified Dermatologist & Micrographic Dermatologic Su · Company website · source
- MWMichelle WaltersBoard-Certified Dermatologist · Company website · source
- KBKelsey BaabBoard-Certified Dermatologist · Company website · source
- LDLindsay DilbeckPhysician Assistant (PA-C) · Company website · source
- SPShelby PasquePhysician Assistant (PA-C) · Company website · source
- CZCassie ZanovichLicensed Aesthetician (CMM, LE) · Company website · source
- BDBrianne DougoudLicensed Aesthetician (LE) · Company website · source
Advisors
- BankingRegent 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
| Regent Bank 7(a) 2022, PPP 2020 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $121K | 11 |
Public records
| Dec 2021 | 7(a) | $286K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Midtown Dermatology LLC
Midtown Dermatology LLC is a doctors & clinics company in Tulsa, Oklahoma, in business since 2016. Its estimated annual revenue is about $2.9M, with roughly $568K of EBITDA. It has about 22 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Midtown Dermatology LLC?
- The owner of Midtown Dermatology 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 Midtown Dermatology LLC make?
- SeeBITDA estimates Midtown Dermatology 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 Midtown Dermatology 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 Midtown Dermatology LLC have?
- About 22, from its 2025 retirement-plan filing.
- When was Midtown Dermatology LLC founded?
- Midtown Dermatology LLC has been in business since 2016.