Modern Abstract & Title, LP
How we got $1.4M
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
Modern Abstract and Title provides abstracting, title insurance, escrow and settlement, and 1031 exchange services for real estate transactions in Oklahoma. It serves homebuyers, sellers, lenders, investors and commercial real estate parties.
From the company's website. Industry: Law firms.
Estimated value over time
▲ 34% 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
▲ 9% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $1.7M |
| 2020 | Form 5500 | 9 | $1.4M |
| 2021 | Form 5500 | 11 | $1.7M |
| 2022 | Form 5500 | 11 | $1.7M |
| 2023 | Form 5500 | 11 | $1.7M |
| 2024 | Form 5500 | 14 | $2.1M |
| 2025 | Form 5500 | 12 | $1.8M |
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 |
|---|---|---|
| MODERN ABSTRACT & TITLE, LP this business | $2.9M | — |
| KEN RAINBOLT PC Durant · 2 employees | $577K | 0.0 mi |
| MATT MICKLE LAW PC Durant · 1 employees | $205K | 0.0 mi |
| RAINBOLT LAW Durant · 2 employees | $577K | 0.0 mi |
| D. DAVID HAGGERTY, PLLC Durant · 1 employees | $338K | 0.1 mi |
| JONES LAW, PC Durant · 4 employees | $1.0M | 0.1 mi |
| MARY FAULKER INC Durant · 4 employees | $924K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $514K |
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 | $1.4M |
| Multiple for this size and industry | 2.8× |
| Value range | $757K – $2.0M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $338K – $586K |
| Industry (NAICS) | Title Abstract and Settlement Offices (541191) |
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
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $118K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Modern Abstract & Title, LP
Modern Abstract & Title, LP is a law firms company in Durant, Oklahoma, in business since 2017. It is owned by Angela Krieger (President). Its estimated annual revenue is about $2.9M, with roughly $514K of EBITDA. It has about 12 employees. Its estimated business value is $1.4M (likely range $757K–$2.0M).
Common questions
- Who owns Modern Abstract & Title, LP?
- Modern Abstract & Title, LP is owned by Angela Krieger (President), according to public sources such as the company's website or filings.
- How much revenue does Modern Abstract & Title, LP make?
- SeeBITDA estimates Modern Abstract & Title, LP'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 Modern Abstract & Title, LP worth?
- About $1.4M, roughly 2.8× its estimated EBITDA of $514K, typical for a law firms company its size. Likely range: $757K–$2.0M.
- How many employees does Modern Abstract & Title, LP have?
- About 12, from its 2025 retirement-plan filing.
- When was Modern Abstract & Title, LP founded?
- Modern Abstract & Title, LP has been in business since 2017.