SeeBITDAOklahoma

N & S Associates, LLC

Corporate, Subsidiary, and Regional Managing Offices
Estimated valueMedium confidence
$2.8M
$1.5Mlikely range$3.9M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.7M
a year
Profit (EBITDA)
$743K
45% of revenue
Employees
32
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
  • Nikki Northcutt
    Signs company filings · Form 5500 (2023)

How we got $2.8M

Based on its 32 employees and its payroll, both reported for PPP in 2020 and brought up to date.

32 employees × $55K each$1.8M
PPP payroll ÷ payroll's usual share of revenue$1.2M
Shown toward the top of its range×1.14
Revenue$1.7M
× 45% profit margin$743K
× 3.8 sale multiple = value$2.8M

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$1.7M$3.3M2020202120222023202420252026

Today'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

▲ 3% since 2020
025502020202120222023202420253233
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan32$225K$101K
2020Form 550024$169K$76K
2021Form 550028$197K$89K
2022Form 550028$197K$89K
2023Form 550031$218K$98K
2024Form 550033$232K$105K
2025Form 550033$232K$105K

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.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
N & S ASSOCIATES, LLC
this business
$1.7M$743K—
CNK HOLDINGS, LLC
Lone Grove · 2 employees
$3.0M$1.3M35.7 mi
COTHRAN DEVELOPMENT STRATEGIES, INC
Ada · 10 employees
$625K$281K39.0 mi
SHEPHARD HOLDINGS LLC
Purcell · 1 employees
$908K$409K66.5 mi

The full calculation

Employees reported to the SBA32
Revenue from headcount (employees × revenue per employee for companies this size)$1.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.2M
Estimate: the two combined (geometric mean)$1.7M
EBITDA margin (industry, adjusted for size)45%
EBITDA = revenue × margin$743K

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$2.8M
Multiple for this size and industry3.8×
Value range$1.5M – $3.9M
Revenue range$1.1M – $1.9M
EBITDA range$489K – $847K
Industry (NAICS)Corporate, Subsidiary, and Regional Managing Offices (551114)

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

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$331K$335K32BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About N & S Associates, LLC

N & S Associates, LLC is a corporate, subsidiary, and regional managing offices company in Tishomingo, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $743K of EBITDA. It has about 33 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).

Common questions

Who owns N & S Associates, LLC?
The owner of N & S Associates, LLC 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 N & S Associates, LLC make?
SeeBITDA estimates N & S Associates, LLC's annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is N & S Associates, LLC worth?
About $2.8M, roughly 3.8× its estimated EBITDA of $743K, typical for a corporate, subsidiary, and regional managing offices company its size. Likely range: $1.5M–$3.9M.
How many employees does N & S Associates, LLC have?
About 33, from its 2025 retirement-plan filing.