Penn South Pet Clinic, Inc.
How we got $608K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Penn South Pet Clinic is a full-service animal hospital in Oklahoma City that provides routine medical, surgical, and dental care for pets, led by veterinarian Keith Rammage.
From the company's website. Industry: Veterinarians.
Estimated value over time
▲ 44% 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 |
|---|---|---|
| PENN SOUTH PET CLINIC, INC. this business | $1.2M | — |
| Green Briar Animal Hospital Oklahoma City | $1.2M | 0.8 mi |
| CHARM FAKHRSHAFAEI LLC Oklahoma City · 1 employees | $289K | 0.9 mi |
| SHS MANAGEMENT COMPANY, LLC Oklahoma City · 41 employees | $13.1M | 1.2 mi |
| GREENBRIAR VETERINARY HOSPITAL, INC. Oklahoma City · 7 employees | $1.6M | 1.2 mi |
| CityVet | West Moore Veterinary Clinic & Urgent Care Oklahoma City | $1.2M | 1.2 mi |
| AVS CONCEPTS LLC Oklahoma City · 1 employees | $617K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $988K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $243K |
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 | $608K |
| Multiple for this size and industry | 2.5× |
| Value range | $320K – $832K |
| Revenue range | $807K – $1.4M |
| EBITDA range | $160K – $277K |
| Industry (NAICS) | Veterinary Services (541940) |
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
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $33K | 7 |
| 1/27/2021 | second | $59K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Penn South Pet Clinic, Inc.
Penn South Pet Clinic, Inc. is a veterinarians company in Oklahoma City, Oklahoma, in business since 2011. It is owned by Keith Rammage. Its estimated annual revenue is about $1.2M, with roughly $243K of EBITDA. It has about 7 employees. Its estimated business value is $608K (likely range $320K–$832K).
Common questions
- Who owns Penn South Pet Clinic, Inc.?
- Penn South Pet Clinic, Inc. is owned by Keith Rammage, according to public sources such as the company's website or filings.
- How much revenue does Penn South Pet Clinic, Inc. make?
- SeeBITDA estimates Penn South Pet Clinic, Inc.'s annual revenue at about $1.2M (likely between $807K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Penn South Pet Clinic, Inc. worth?
- About $608K, roughly 2.5× its estimated EBITDA of $243K, typical for a veterinarians company its size. Likely range: $320K–$832K.
- How many employees does Penn South Pet Clinic, Inc. have?
- About 7, as reported on its PPP loan.
- When was Penn South Pet Clinic, Inc. founded?
- Penn South Pet Clinic, Inc. has been in business since 2011.