Monte R Lee and Company
How we got $13.0M
Based on its 46 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Monte R. Lee and Company provides licensed professional consulting and engineering services for broadband and telecommunications networks serving rural America. Its services include wireless licensing, central office and outside plant engineering, and loan and grant assistance.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Customers
- Palau National Communications Corporation · named on its website
- Panhandle Telephone Cooperative Inc · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 7 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 7 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 3 mi · $711.6M
- T/J INSPECTION, INC. · Del City, 7 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 4 mi · $557.7M
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 34 mi · $76.0M
- SOUTHERN NAZARENE UNIVERSITY · Bethany, 7 mi · $72.1M
- OKLAHOMA CHRISTIAN UNIVERSITY, INC. - NONPROFIT (NO BUSINESS · Oklahoma City, 6 mi · $71.2M
- SANTA FE SOUTH SCHOOLS, INC. · Oklahoma City, 7 mi · $58.3M
- DOVE SCHOOLS INC. · Oklahoma City, 3 mi · $44.0M
Estimated value over time
▲ 90% 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 R LEE AND COMPANY this business | $15.4M | — |
| ALTAMIRA-US LLC Oklahoma City · 49 employees | $21.2M | 0.0 mi |
| KIRKPATRICK FOREST CURTIS PC Oklahoma City · 23 employees | $9.3M | 0.0 mi |
| Cannabest Labs Oklahoma City | $2.0M | 0.7 mi |
| ENGINEERED EQUIPMENT, INC. Oklahoma City · 45 employees | $19.6M | 0.7 mi |
| ENVIRONMENTAL TESTING INC Oklahoma City · 22 employees | $5.5M | 0.7 mi |
| ETI OILAB LLC Oklahoma City · 3 employees | $961K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 46 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.2M |
| Estimate: the two combined (geometric mean) | $15.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $2.1M |
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 | $13.0M |
| Multiple for this size and industry | 6.3× |
| Value range | $6.8M – $17.8M |
| Revenue range | $10.1M – $17.6M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Engineering Services (541330) |
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
“Over 40 years ago, Monte R. Lee set out to provide consulting and engineering services to rural telephone companies and cooperatives.”
Leadership
- LRLynn R. MerrillProfessional Engineer · Company website · source
- BFBuddy FitzpatrickProfessional Engineer · Company website · source
- MCMadison CappabiancoProfessional Engineer · Company website · source
- AFAsher FlippinProfessional Engineer · Company website · source
- SHSpencer HaywardProfessional Engineer · Company website · source
- EHEvans HasenmyerEngineer Intern · Company website · source
- KPKaleb PaddockEngineer Intern · Company website · source
- JVJosé VelazquezEngineer Intern · Company website · source
Advisors
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $600K | 46 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Monte R Lee and Company
Monte R Lee and Company is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 1997. Its estimated annual revenue is about $15.4M, with roughly $2.1M of EBITDA. It has about 46 employees. Its estimated business value is $13.0M (likely range $6.8M–$17.8M).
Common questions
- Who owns Monte R Lee and Company?
- The owner of Monte R Lee and Company 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 R Lee and Company make?
- SeeBITDA estimates Monte R Lee and Company's annual revenue at about $15.4M (likely between $10.1M and $17.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Monte R Lee and Company worth?
- About $13.0M, roughly 6.3× its estimated EBITDA of $2.1M, typical for a engineering & architecture company its size. Likely range: $6.8M–$17.8M.
- How many employees does Monte R Lee and Company have?
- About 46, as reported on its PPP loan.
- When was Monte R Lee and Company founded?
- Monte R Lee and Company has been in business since 1997.