Neel Veterinarian Hospital PC
How we got $16.5M
Based on its 105 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 44% 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
▲ 114% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 105 | $12.2M |
| 2020 | Form 5500 | 155 | $17.9M |
| 2021 | Form 5500 | 225 | $26.0M |
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 |
|---|---|---|
| NEEL VETERINARIAN HOSPITAL PC this business | $22.4M | — |
| ROBINSON VIRTUAL SERVICES LLC Warr Acres · 1 employees | $489K | 0.8 mi |
| COMPANION ANIMAL CLINIC, INC. Oklahoma City · 14 employees | $2.4M | 1.0 mi |
| CHURCH PLANT MEDIA, LLC Bethany · 10 employees | $3.0M | 1.2 mi |
| Ok Humane Place Spay And Neuter Clinic Oklahoma City | $1.2M | 1.3 mi |
| Warr Acres Animal Clinic Warr Acres | $1.2M | 1.3 mi |
| KJBR ENTERPRISES, LLC Bethany · 2 employees | $1.1M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 105 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $20.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.9M |
| Estimate: the two combined (geometric mean) | $22.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $3.0M |
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 | $16.5M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.7M – $22.6M |
| Revenue range | $14.7M – $25.6M |
| EBITDA range | $2.0M – $3.4M |
| Industry (NAICS) | Veterinary Services (541940) |
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
- AccountingRose Rock CPA'S PLLCAudits its 401(k) plan (2021 filing)
- BankingBank of HydroPPP / 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
| Bank of Hydro PPP 2020 | All 155 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 | $852K | 105 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Neel Veterinarian Hospital PC
Neel Veterinarian Hospital PC is a veterinarians company in Oklahoma City, Oklahoma. It is owned by Tina Neel (Founder). Its estimated annual revenue is about $22.4M, with roughly $3.0M of EBITDA. It has about 225 employees. Its estimated business value is $16.5M (likely range $8.7M–$22.6M).
Common questions
- Who owns Neel Veterinarian Hospital PC?
- Neel Veterinarian Hospital PC is owned by Tina Neel (Founder), according to public sources such as the company's website or filings.
- How much revenue does Neel Veterinarian Hospital PC make?
- SeeBITDA estimates Neel Veterinarian Hospital PC's annual revenue at about $22.4M (likely between $14.7M and $25.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Neel Veterinarian Hospital PC worth?
- About $16.5M, roughly 5.5× its estimated EBITDA of $3.0M, typical for a veterinarians company its size. Likely range: $8.7M–$22.6M.
- How many employees does Neel Veterinarian Hospital PC have?
- About 225, from its 2021 retirement-plan filing.