Promed Billing Solutions
How we got $239K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 21% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PROMED BILLING SOLUTIONS this business | $354K | — |
| Honey Do Checklist Yukon | $735K | 0.1 mi |
| Cindy Janka CPA Yukon | $735K | 0.2 mi |
| RBC CPA Yukon | $735K | 0.2 mi |
| Ron Curry CPA Yukon | $735K | 0.2 mi |
| Walter Clouse Jr CPA PC Yukon | $735K | 0.4 mi |
| JEFFREY C. TRENT, CPA, INC. Yukon · 9 employees | $1.2M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $329K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $293K |
| Estimate: the two combined (geometric mean) | $354K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $82K |
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 | $239K |
| Multiple for this size and industry | 2.9× |
| Value range | $126K – $326K |
| Revenue range | $233K – $403K |
| EBITDA range | $54K – $94K |
| Industry (NAICS) | Other Accounting Services (541219) |
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
History & 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 Roles are as stated there and may be out of date.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 | 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 |
|---|---|---|---|
| 4/15/2020 | first | $12K | 2 |
About Promed Billing Solutions
Promed Billing Solutions is an accounting & tax company in Yukon, Oklahoma. Its estimated annual revenue is about $354K, with roughly $82K of EBITDA. It has about 2 employees. Its estimated business value is $239K (likely range $126K–$326K).
Common questions
- Who owns Promed Billing Solutions?
- The owner of Promed Billing Solutions 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 Promed Billing Solutions make?
- SeeBITDA estimates Promed Billing Solutions's annual revenue at about $354K (likely between $233K and $403K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Promed Billing Solutions worth?
- About $239K, roughly 2.9× its estimated EBITDA of $82K, typical for a accounting & tax company its size. Likely range: $126K–$326K.
- How many employees does Promed Billing Solutions have?
- About 2, as reported on its PPP loan.