Neurological Surgery Associates Inc
How we got $1.3M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 50% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 23% 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $1.3M |
| 2020 | Form 5500 | 12 | $2.7M |
| 2021 | Form 5500 | 6 | $1.3M |
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 |
|---|---|---|
| NEUROLOGICAL SURGERY ASSOCIATES INC this business | $2.0M | — |
| Align Interventional Pain Enid | $1.5M | 0.0 mi |
| NORTHWEST OKLAHOMA ORTHOPEDIC CLINIC, P.C. Enid · 18 employees | $5.6M | 0.1 mi |
| R. Trent Hulse Enid | $1.5M | 0.1 mi |
| Reliant Direct Primary Care Enid | $3.0M | 0.2 mi |
| Dennis McIntyre Enid | $1.5M | 0.2 mi |
| RELIANT HEALTH & WELLNESS, PLLC Enid · 6 employees | $1.6M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $387K |
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 | $1.3M |
| Multiple for this size and industry | 3.3× |
| Value range | $673K – $1.7M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $255K – $442K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
- BankingThe Security National Bank of EnidPPP / 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
| The Security National Bank of Enid PPP 2020 | All 204 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $98K | 6 |
About Neurological Surgery Associates Inc
Neurological Surgery Associates Inc is a doctors & clinics company in Enid, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $387K of EBITDA. It has about 6 employees. Its estimated business value is $1.3M (likely range $673K–$1.7M).
Common questions
- Who owns Neurological Surgery Associates Inc?
- The owner of Neurological Surgery Associates Inc 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 Neurological Surgery Associates Inc make?
- SeeBITDA estimates Neurological Surgery Associates Inc's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Neurological Surgery Associates Inc worth?
- About $1.3M, roughly 3.3× its estimated EBITDA of $387K, typical for a doctors & clinics company its size. Likely range: $673K–$1.7M.
- How many employees does Neurological Surgery Associates Inc have?
- About 6, from its 2021 retirement-plan filing.