Pippenger, Reed & Thomas, PC
How we got $614K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 30% 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 |
|---|---|---|
| PIPPENGER, REED & THOMAS, PC this business | $1.1M | — |
| HORNE & COMPANY, PC Ada · 6 employees | $1.1M | 0.1 mi |
| BRALY, BRALY, SPEED & MORRIS, PLLC Ada · 3 employees | $659K | 0.1 mi |
| MORRISON & COMPANY, CPA'S, P.C. Ada · 5 employees | $1.1M | 0.1 mi |
| LOWE & WEBB, PC Ada · 9 employees | $2.0M | 0.2 mi |
| F&h Tax Services Ada | $736K | 0.2 mi |
| HENRY & ASSOCIATES, P.C Ada · 3 employees | $524K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $212K |
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 | $614K |
| Multiple for this size and industry | 2.9× |
| Value range | $323K – $840K |
| Revenue range | $702K – $1.2M |
| EBITDA range | $139K – $241K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2020, PPP 2021 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $46K | 4 |
| 3/15/2021 | second | $46K | 4 |
About Pippenger, Reed & Thomas, PC
Pippenger, Reed & Thomas, PC is an accounting & tax company in Ada, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $212K of EBITDA. It has about 4 employees. Its estimated business value is $614K (likely range $323K–$840K).
Common questions
- Who owns Pippenger, Reed & Thomas, PC?
- The owner of Pippenger, Reed & Thomas, PC 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 Pippenger, Reed & Thomas, PC make?
- SeeBITDA estimates Pippenger, Reed & Thomas, PC's annual revenue at about $1.1M (likely between $702K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pippenger, Reed & Thomas, PC worth?
- About $614K, roughly 2.9× its estimated EBITDA of $212K, typical for a accounting & tax company its size. Likely range: $323K–$840K.
- How many employees does Pippenger, Reed & Thomas, PC have?
- About 4, as reported on its PPP loan.