Payroll Made Simple Inc
How we got $404K
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
▲ 32% 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 |
|---|---|---|
| PAYROLL MADE SIMPLE INC this business | $703K | — |
| D. TRENT HOLMAN & ASSOCIATES, INC. Tulsa · 6 employees | $1.4M | 0.0 mi |
| HANCOCK & COMPANY Tulsa · 3 employees | $1.0M | 0.0 mi |
| KELLY KIRBY CPA, PC Tulsa · 3 employees | $895K | 0.0 mi |
| SHANNON TOWNSEND CPA< PLLC. Tulsa · 2 employees | $529K | 0.0 mi |
| Nyikos Michael J CPA Tulsa | $736K | 0.0 mi |
| Schmeder Chiropractic Tulsa | $736K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $707K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $537K |
| Estimate: the two combined (geometric mean) | $703K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $139K |
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 | $404K |
| Multiple for this size and industry | 2.9× |
| Value range | $213K – $553K |
| Revenue range | $462K – $801K |
| EBITDA range | $92K – $159K |
| Industry (NAICS) | Payroll Services (541214) |
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
People & advisors
Advisors
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 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 | $25K | 2 |
| 1/22/2021 | second | $25K | 3 |
About Payroll Made Simple Inc
Payroll Made Simple Inc is an accounting & tax company in Tulsa, Oklahoma. Its estimated annual revenue is about $703K, with roughly $139K of EBITDA. It has about 3 employees. Its estimated business value is $404K (likely range $213K–$553K).
Common questions
- Who owns Payroll Made Simple Inc?
- The owner of Payroll Made Simple 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 Payroll Made Simple Inc make?
- SeeBITDA estimates Payroll Made Simple Inc's annual revenue at about $703K (likely between $462K and $801K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Payroll Made Simple Inc worth?
- About $404K, roughly 2.9× its estimated EBITDA of $139K, typical for a accounting & tax company its size. Likely range: $213K–$553K.
- How many employees does Payroll Made Simple Inc have?
- About 3, as reported on its PPP loan.