Millennium Medical Services
How we got $15.8M
Based on its 81 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 |
|---|---|---|
| MILLENNIUM MEDICAL SERVICES this business | $17.8M | — |
| INTERNAL MEDICINE & GERIATRIC PRACTICE Norman · 2 employees | $918K | 0.4 mi |
| Sooner Home Healthcare Norman | $1.5M | 0.5 mi |
| Skin Sense Ok Norman | $1.5M | 0.6 mi |
| Back And Body Works Norman | $1.5M | 0.7 mi |
| Rahal Y. Kahanda, MD Norman | $1.5M | 0.7 mi |
| iCare Centers Urgent Care Norman OK Norman | $6.1M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 81 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.3M |
| Estimate: the two combined (geometric mean) | $17.8M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $2.6M |
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 | $15.8M |
| Multiple for this size and industry | 6.1× |
| Value range | $8.3M – $21.6M |
| Revenue range | $11.7M – $20.3M |
| EBITDA range | $1.7M – $3.0M |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
History & advisors
Advisors
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $603K | 62 |
| 2/24/2021 | second | $406K | 81 |
2 locations
| 3816 SHADOWRIDGE DR | Norman | This listing |
| 1212 Reynolds Ave | Poteau | 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 Millennium Medical Services
Millennium Medical Services is a doctors & clinics company in Norman, Oklahoma. It is owned by DR. WADE L HAMIL (CEO). Its estimated annual revenue is about $17.8M, with roughly $2.6M of EBITDA. It has about 81 employees. Its estimated business value is $15.8M (likely range $8.3M–$21.6M). It has 2 locations.
Common questions
- Who owns Millennium Medical Services?
- Millennium Medical Services is owned by DR. WADE L HAMIL (CEO), according to public sources such as the company's website or filings.
- How much revenue does Millennium Medical Services make?
- SeeBITDA estimates Millennium Medical Services's annual revenue at about $17.8M (likely between $11.7M and $20.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Millennium Medical Services worth?
- About $15.8M, roughly 6.1× its estimated EBITDA of $2.6M, typical for a doctors & clinics company its size. Likely range: $8.3M–$21.6M.
- How many employees does Millennium Medical Services have?
- About 81, as reported on its PPP loan.