How we got $795K
Based on 8 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 12% since 2021Today'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 |
|---|---|---|
| OKEY NWOKOLO this business | $1.6M | — |
| OKEY WEIGHT MANAGEMENT CLINIC, PC Oklahoma City · 8 employees | $1.6M | 0.0 mi |
| Esthetics By Brandi Oklahoma City | $440K | 0.1 mi |
| BioBah Nutrition Oklahoma City | $440K | 0.2 mi |
| Inspired Nail Bar Oklahoma City | $440K | 0.2 mi |
| Glow Up Beauty by Jasmine Lynn Oklahoma City | $440K | 0.2 mi |
| BOUFFANT BABY INC Oklahoma City · 1 employees | $146K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Industry revenue per employee | $174K |
| Revenue = employees × revenue per employee | $1.6M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $306K |
| Cross-check: revenue implied by PPP payroll | $347K |
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 | $795K |
| Multiple for this size and industry | 2.6× |
| Value range | $376K – $1.1M |
| Revenue range | $921K – $1.8M |
| EBITDA range | $181K – $362K |
| Industry (NAICS) | Diet and Weight Reducing Centers (812191) |
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. 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 Roles are as stated there and may be out of date.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 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 |
|---|---|---|---|
| 1/21/2021 | second | $11K | 8 |
About Okey Nwokolo
Okey Nwokolo is a hair & beauty salons company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $306K of EBITDA. It has about 8 employees. Its estimated business value is $795K (likely range $376K–$1.1M).
Common questions
- Who owns Okey Nwokolo?
- The owner of Okey Nwokolo 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 Okey Nwokolo make?
- SeeBITDA estimates Okey Nwokolo's annual revenue at about $1.6M (likely between $921K and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Okey Nwokolo worth?
- About $795K, roughly 2.6× its estimated EBITDA of $306K, typical for a hair & beauty salons company its size. Likely range: $376K–$1.1M.
- How many employees does Okey Nwokolo have?
- About 8, as reported on its PPP loan.