How we got $413K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 42% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEWCON, LLC this business | $832K | — |
| JWP CONSULTING, LLC Tulsa · 1 employees | $551K | 0.3 mi |
| SHILOH MANAGEMENT GROUP, INC. Tulsa · 3 employees | $725K | 0.3 mi |
| THE CI8GROUP, LLC Tulsa · 3 employees | $2.0M | 0.3 mi |
| CFO SERVICES & CONSULTING, LLC Tulsa · 2 employees | $1.0M | 0.3 mi |
| REID ADMINISTRATIVE SERVICES Tulsa · 1 employees | $519K | 0.3 mi |
| ALC SOLUTIONS, INC. Tulsa · 1 employees | $446K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $183K |
| Revenue = employees × revenue per employee | $832K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $165K |
| Cross-check: revenue implied by PPP payroll | $76K |
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 | $413K |
| Multiple for this size and industry | 2.5× |
| Value range | $195K – $586K |
| Revenue range | $492K – $985K |
| EBITDA range | $98K – $195K |
| Industry (NAICS) | Administrative Management and General Management Consulting Services (541611) |
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
History & advisors
Advisors
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 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 | $2K | 1 |
| 1/27/2021 | second | $2K | 2 |
About Newcon, LLC
Newcon, LLC is a consulting company in Tulsa, Oklahoma. Its estimated annual revenue is about $832K, with roughly $165K of EBITDA. It has about 2 employees. Its estimated business value is $413K (likely range $195K–$586K).
Common questions
- Who owns Newcon, LLC?
- The owner of Newcon, 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 Newcon, LLC make?
- SeeBITDA estimates Newcon, LLC's annual revenue at about $832K (likely between $492K and $985K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newcon, LLC worth?
- About $413K, roughly 2.5× its estimated EBITDA of $165K, typical for a consulting company its size. Likely range: $195K–$586K.
- How many employees does Newcon, LLC have?
- About 2, as reported on its PPP loan.