Norwood Tax Services, LLC
How we got $165K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NORWOOD TAX SERVICES, LLC this business | $245K | — |
| PETROSOURCE LLC Tulsa · 24 employees | $6.1M | 0.1 mi |
| K.W. DOUGLAS, LLC Tulsa · 1 employees | $113K | 0.2 mi |
| CONNALLY & ASSOCIATES, P.C. Tulsa · 34 employees | $5.3M | 0.9 mi |
| Andrea E. Van Deventer Tulsa | $736K | 0.9 mi |
| TOM WALTERS COMPANY INC. Tulsa · 2 employees | $274K | 1.0 mi |
| Jfc Leasing Tulsa | $736K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $347K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $133K |
| Estimate: the two combined (geometric mean) | $245K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $57K |
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 | $165K |
| Multiple for this size and industry | 2.9× |
| Value range | $87K – $226K |
| Revenue range | $161K – $280K |
| EBITDA range | $38K – $65K |
| Industry (NAICS) | Tax Preparation Services (541213) |
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
- BankingKabbage, Inc.PPP / 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 Roles are as stated there and may be out of date.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
| Kabbage, Inc. PPP 2020 | All 202 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/22/2020 | first | $4K | 3 |
About Norwood Tax Services, LLC
Norwood Tax Services, LLC is an accounting & tax company in Tulsa, Oklahoma. Its estimated annual revenue is about $245K, with roughly $57K of EBITDA. It has about 3 employees. Its estimated business value is $165K (likely range $87K–$226K).
Common questions
- Who owns Norwood Tax Services, LLC?
- The owner of Norwood Tax Services, 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 Norwood Tax Services, LLC make?
- SeeBITDA estimates Norwood Tax Services, LLC's annual revenue at about $245K (likely between $161K and $280K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Norwood Tax Services, LLC worth?
- About $165K, roughly 2.9× its estimated EBITDA of $57K, typical for a accounting & tax company its size. Likely range: $87K–$226K.
- How many employees does Norwood Tax Services, LLC have?
- About 3, as reported on its PPP loan.