Neuroscience Specialists, PC
How we got $22.8M
Based on its 76 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 30% 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
▼ 43% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 76 | $16.9M |
| 2020 | Form 5500 | 61 | $13.6M |
| 2021 | Form 5500 | 47 | $10.4M |
| 2022 | Form 5500 | 41 | $9.1M |
| 2023 | Form 5500 | 44 | $9.8M |
| 2024 | Form 5500 | 43 | $9.6M |
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 |
|---|---|---|
| NEUROSCIENCE SPECIALISTS, PC this business | $25.6M | — |
| SPINE SURGERY, INC. Oklahoma City · 9 employees | $2.9M | 0.0 mi |
| Dr Brian Snell Oklahoma City | $1.5M | 0.0 mi |
| Dr Jacob Archer Oklahoma City | $1.5M | 0.0 mi |
| Oklahoma Interventional Pain Specialist Oklahoma City | $1.5M | 0.0 mi |
| Okc Orthopedics Oklahoma City | $1.5M | 0.0 mi |
| William J. Hale, Ii, M.d., P.c. Oklahoma City | $1.5M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 76 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.9M |
| Estimate: the two combined (geometric mean) | $25.6M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $3.7M |
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 | $22.8M |
| Multiple for this size and industry | 6.1× |
| Value range | $12.0M – $31.2M |
| Revenue range | $16.9M – $29.2M |
| EBITDA range | $2.5M – $4.3M |
| 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
- BankingFirst Liberty 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
| First Liberty Bank PPP 2020 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $1.3M | 76 |
About Neuroscience Specialists, PC
Neuroscience Specialists, PC is a doctors & clinics company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $25.6M, with roughly $3.7M of EBITDA. It has about 43 employees. Its estimated business value is $22.8M (likely range $12.0M–$31.2M).
Common questions
- Who owns Neuroscience Specialists, PC?
- The owner of Neuroscience Specialists, PC 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 Neuroscience Specialists, PC make?
- SeeBITDA estimates Neuroscience Specialists, PC's annual revenue at about $25.6M (likely between $16.9M and $29.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Neuroscience Specialists, PC worth?
- About $22.8M, roughly 6.1× its estimated EBITDA of $3.7M, typical for a doctors & clinics company its size. Likely range: $12.0M–$31.2M.
- How many employees does Neuroscience Specialists, PC have?
- About 43, from its 2024 retirement-plan filing.