Morgan & Associates, P.C.
How we got $2.0M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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.
What we know
What they do
Morgan & Associates, P.C. is a law firm in Oklahoma City, OK with over 40 years of experience, practicing in creditors rights, healthcare law, financial services, litigation, collections, and commercial matters.
From the company's website. Industry: Law firms.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MORGAN & ASSOCIATES, P.C. this business | $4.3M | — |
| MARIA TULLY ERBAR, ATTORNEY AT LAW, P.C Oklahoma City · 3 employees | $883K | 0.0 mi |
| Stange Law Firm, PC Oklahoma City | $1.9M | 0.0 mi |
| MORGAN HEALTHCARE SOLUTIONS, INC. Oklahoma City · 1 employees | $280K | 0.0 mi |
| MICHAEL BELANGER, P.C. Oklahoma City · 1 employees | $415K | 0.1 mi |
| Jcm Exploration Oklahoma City | $948K | 0.1 mi |
| Chris Smith Law, Pllc Oklahoma City | $948K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $4.3M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $698K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.0M – $2.7M |
| Revenue range | $2.8M – $4.9M |
| EBITDA range | $459K – $796K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. 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
- BankingLegacy 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
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $165K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Morgan & Associates, P.C.
Morgan & Associates, P.C. is a law firms company in Oklahoma City, Oklahoma, in business since 2012. Its estimated annual revenue is about $4.3M, with roughly $698K of EBITDA. It has about 14 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Morgan & Associates, P.C.?
- The owner of Morgan & Associates, P.C. 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 Morgan & Associates, P.C. make?
- SeeBITDA estimates Morgan & Associates, P.C.'s annual revenue at about $4.3M (likely between $2.8M and $4.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Morgan & Associates, P.C. worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $698K, typical for a law firms company its size. Likely range: $1.0M–$2.7M.
- How many employees does Morgan & Associates, P.C. have?
- About 14, as reported on its PPP loan.
- When was Morgan & Associates, P.C. founded?
- Morgan & Associates, P.C. has been in business since 2012.