Norvell & Associates, Inc
How we got $349K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NORVELL & ASSOCIATES, INC this business | $1.6M | — |
| KLB INDUSTRIES INC Norman · 2 employees | $3.3M | 0.9 mi |
| ADWON ENTERPRISES, LTD Norman · 9 employees | $8.5M | 3.0 mi |
| MOORE VINTAGE CHARM FURNITURE & DECOR LLC Moore · 2 employees | $3.5M | 8.7 mi |
| JUDE N' JODY FURNITURE Oklahoma City · 4 employees | $4.1M | 14.8 mi |
| Scottrice Oklahoma City | $1.4M | 15.7 mi |
| MJS Wholesale Flooring Oklahoma City | $1.5M | 16.5 mi |
The full calculation
| Employees reported to the SBA | 1 |
| 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) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $145K |
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 | $349K |
| Multiple for this size and industry | 2.4× |
| Value range | $184K – $477K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $96K – $166K |
| Industry (NAICS) | Furniture Merchant Wholesalers (423210) |
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. 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
- BankingFrontier State 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 Roles are as stated there and may be out of date.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
| Frontier State Bank PPP 2020 | All 156 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $10K | 1 |
About Norvell & Associates, Inc
Norvell & Associates, Inc is a furniture merchant wholesalers company in Norman, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $145K of EBITDA. It has about 1 employees. Its estimated business value is $349K (likely range $184K–$477K).
Common questions
- Who owns Norvell & Associates, Inc?
- The owner of Norvell & 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 Norvell & Associates, Inc make?
- SeeBITDA estimates Norvell & Associates, Inc's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Norvell & Associates, Inc worth?
- About $349K, roughly 2.4× its estimated EBITDA of $145K, typical for a furniture merchant wholesalers company its size. Likely range: $184K–$477K.
- How many employees does Norvell & Associates, Inc have?
- About 1, as reported on its PPP loan.