Monte Carel
How we got $1.5M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| MONTE CAREL this business | $2.2M | — |
| Dental Edge of Norman Norman | $1.9M | 1.1 mi |
| ZACHARY D. MOFFITT, DDS, PLLC Norman · 8 employees | $1.7M | 1.4 mi |
| VENK DENTAL, PLLC Norman | $963K | 1.7 mi |
| BOBBY J. CARMEN ,DDS, PLLC Norman · 11 employees | $2.5M | 2.0 mi |
| Berry Road Dental Norman | $1.9M | 2.3 mi |
| Lavelett Larry J Dds Norman | $1.9M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $423K |
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 | $1.5M |
| Multiple for this size and industry | 3.6× |
| Value range | $801K – $2.1M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $278K – $482K |
| Industry (NAICS) | Offices of Dentists (621210) |
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-Citizens Bank & 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 Roles are as stated there and may be out of date.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-Citizens Bank & Trust Company PPP 2020, PPP 2021 | All 78 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 | $86K | 8 |
| 2/14/2021 | second | $82K | 9 |
About Monte Carel
Monte Carel is a dentists company in Norman, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $423K of EBITDA. It has about 9 employees. Its estimated business value is $1.5M (likely range $801K–$2.1M).
Common questions
- Who owns Monte Carel?
- The owner of Monte Carel 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 Monte Carel make?
- SeeBITDA estimates Monte Carel's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Monte Carel worth?
- About $1.5M, roughly 3.6× its estimated EBITDA of $423K, typical for a dentists company its size. Likely range: $801K–$2.1M.
- How many employees does Monte Carel have?
- About 9, as reported on its PPP loan.