Netfabric LLC
How we got $20.3M
Based on 22 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 22% 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
▲ 150% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 22 | $55.7M |
| 2023 | Form 5500 | 47 | $119.0M |
| 2024 | Form 5500 | 59 | $149.3M |
| 2025 | Form 5500 | 55 | $139.2M |
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 |
|---|---|---|
| NETFABRIC LLC this business | $56.9M | — |
| APEX SAFETY LLC Oklahoma City · 4 employees | $5.1M | 2.2 mi |
| DIVERSE ASSETS LLC Oklahoma City · 8 employees | $4.0M | 2.7 mi |
| EOL TEK, LLC Okc · 4 employees | $8.2M | 2.8 mi |
| VENTILATEOK LLC Oklahoma City · 5 employees | $3.8M | 2.9 mi |
| SPRAY TECH SYSTEMS INC Oklahoma City · 5 employees | $3.1M | 3.1 mi |
| OTERO SYSTEMS AND TECHNOLOGIES Oklahoma City · 3 employees | $7.8M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Industry revenue per employee | $2.5M |
| Revenue = employees × revenue per employee | $56.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $3.9M |
| Cross-check: revenue implied by PPP payroll | $4.4M |
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 | $20.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $9.6M – $28.8M |
| Revenue range | $33.7M – $67.4M |
| EBITDA range | $2.3M – $4.6M |
| Industry (NAICS) | Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (423430) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBlue Sky 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
| Blue Sky Bank PPP 2020, PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $44K | 9 |
| 4/29/2021 | second | $89K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Netfabric LLC
Netfabric LLC is a computer and computer peripheral equipment and software merchant wholesalers company in Oklahoma City, Oklahoma. It is owned by Rick Karn (Co-founder and CEO). Its estimated annual revenue is about $56.9M, with roughly $3.9M of EBITDA. It has about 55 employees. Its estimated business value is $20.3M (likely range $9.6M–$28.8M).
Common questions
- Who owns Netfabric LLC?
- Netfabric LLC is owned by Rick Karn (Co-founder and CEO), according to public sources such as the company's website or filings.
- How much revenue does Netfabric LLC make?
- SeeBITDA estimates Netfabric LLC's annual revenue at about $56.9M (likely between $33.7M and $67.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Netfabric LLC worth?
- About $20.3M, roughly 5.2× its estimated EBITDA of $3.9M, typical for a computer and computer peripheral equipment and software merchant wholesalers company its size. Likely range: $9.6M–$28.8M.
- How many employees does Netfabric LLC have?
- About 55, from its 2025 retirement-plan filing.