R E Palmer CPA, Inc
How we got $620K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| R E PALMER CPA, INC this business | $1.1M | — |
| Jackson Hewitt Tax Service Henryetta | $1.1M | 0.5 mi |
| MELISSA G. WILLIAMS, CPA, PLLC Henryetta · 3 employees | $617K | 0.8 mi |
| VICKEYS BOOKKEEPING INC Weleetka · 2 employees | $402K | 5.0 mi |
| GARY D HOLDER CPA INC Okmulgee · 2 employees | $629K | 12.6 mi |
| Greg Marriott CPA PLLC Okmulgee | $735K | 12.6 mi |
| Jackson Hewitt Tax Service Okmulgee | $1.1M | 12.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $912K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $981K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $214K |
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 | $620K |
| Multiple for this size and industry | 2.9× |
| Value range | $326K – $848K |
| Revenue range | $709K – $1.2M |
| EBITDA range | $141K – $244K |
| 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
History & advisors
Advisors
- BankingVast Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Vast Bank, National Association PPP 2020 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $51K | 5 |
About R E Palmer CPA, Inc
R E Palmer CPA, Inc is an accounting & tax company in Henryetta, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $214K of EBITDA. It has about 5 employees. Its estimated business value is $620K (likely range $326K–$848K).
Common questions
- Who owns R E Palmer CPA, Inc?
- The owner of R E Palmer CPA, 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 R E Palmer CPA, Inc make?
- SeeBITDA estimates R E Palmer CPA, Inc's annual revenue at about $1.1M (likely between $709K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is R E Palmer CPA, Inc worth?
- About $620K, roughly 2.9× its estimated EBITDA of $214K, typical for a accounting & tax company its size. Likely range: $326K–$848K.
- How many employees does R E Palmer CPA, Inc have?
- About 5, as reported on its PPP loan.