Progentec Diagnostics, Inc.
How we got $1.2M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Progentec Diagnostics develops proteomics and digital health tools for the proactive care of systemic lupus erythematosus, multiple sclerosis, and autoimmune diseases, and offers decentralized clinical research services to study sponsors.
From the company's website. Industry: Medical Laboratories.
Customers & suppliers
Suppliers & brands
- Mayo Clinic Laboratories · brand it sells or installs
Estimated value over time
▲ 25% 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 |
|---|---|---|
| PROGENTEC DIAGNOSTICS, INC. this business | $2.0M | — |
| ARL Bio Pharma Oklahoma City | $1.7M | 0.0 mi |
| Dr. James W. Smith, Md Oklahoma City | $1.7M | 0.2 mi |
| David P Ellis MD Oklahoma City | $1.7M | 0.3 mi |
| PET Imaging of Oklahoma City Oklahoma City | $1.7M | 0.4 mi |
| Devon McFarland, MSRS, RRA ARRT Oklahoma City | $1.7M | 0.4 mi |
| Besem Beteck Oklahoma City | $1.7M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $396K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $625K – $1.6M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $260K – $451K |
| Industry (NAICS) | Medical Laboratories (621511) |
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
People & advisors
Leadership
- EJEldon Jupe, Ph.D.Chief Research and Laboratory Officer · Company website · source
- MPMichael PetrunyV.P. of Sales · Company website · source
Advisors
- BankingSilicon Valley Bridge Bank NAPPP / 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
| Silicon Valley Bridge Bank NA PPP 2020, PPP 2021 | All 3 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $47K | 7 |
| 1/31/2021 | second | $173K | 10 |
2 locations
| 825 N.E. 13th Street, Suite MC 302.4, OMRF Building | Oklahoma City | This listing |
| 100 Park Ave Ste 700 | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Progentec Diagnostics, Inc.
Progentec Diagnostics, Inc. is a medical laboratories company in Oklahoma City, Oklahoma, in business since 2014. It is owned by Mohan Purushothaman (President, Chairman, & CEO). Its estimated annual revenue is about $2.0M, with roughly $396K of EBITDA. It has about 10 employees. Its estimated business value is $1.2M (likely range $625K–$1.6M). It has 2 locations.
Common questions
- Who owns Progentec Diagnostics, Inc.?
- Progentec Diagnostics, Inc. is owned by Mohan Purushothaman (President, Chairman, & CEO), according to public sources such as the company's website or filings.
- How much revenue does Progentec Diagnostics, Inc. make?
- SeeBITDA estimates Progentec Diagnostics, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Progentec Diagnostics, Inc. worth?
- About $1.2M, roughly 3× its estimated EBITDA of $396K, typical for a medical laboratories company its size. Likely range: $625K–$1.6M.
- How many employees does Progentec Diagnostics, Inc. have?
- About 10, as reported on its PPP loan.
- When was Progentec Diagnostics, Inc. founded?
- Progentec Diagnostics, Inc. has been in business since 2014.