Resolute Engineering LLC
How we got $3.9M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 90% 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.
Employees over time
▲ 139% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 18 | $3.9M |
| 2020 | Form 5500 | 61 | $13.3M |
| 2021 | Form 5500 | 60 | $13.1M |
| 2022 | Form 5500 | 60 | $13.1M |
| 2024 | Form 5500 | 56 | $12.2M |
| 2025 | Form 5500 | 43 | $9.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RESOLUTE ENGINEERING LLC this business | $6.4M | — |
| Ocosa Communications Tulsa | $2.0M | 0.0 mi |
| Bennett IT Tulsa | $2.0M | 0.0 mi |
| Openlink - Tulsa Tulsa | $2.0M | 0.0 mi |
| Tulsa Mobile Dev User Group Tulsa | $2.0M | 0.0 mi |
| Ims Software Solutions Tulsa | $2.0M | 0.0 mi |
| AppSwarm, Inc. Tulsa | $2.0M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $6.4M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $918K |
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 | $3.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.1M – $5.4M |
| Revenue range | $4.2M – $7.3M |
| EBITDA range | $604K – $1.0M |
| Industry (NAICS) | Engineering Services (541330) |
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
- BankingFirst Oklahoma Bank, Grand 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
| First Oklahoma Bank PPP 2020 | All 695 borrowers → |
| Grand Bank PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $282K | 18 |
| 2/9/2021 | second | $282K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Resolute Engineering LLC
Resolute Engineering LLC is an engineering & architecture company in Tulsa, Oklahoma, in business since 2015. It is owned by Wayne Lagorin (CEO). Its estimated annual revenue is about $6.4M, with roughly $918K of EBITDA. It has about 43 employees. Its estimated business value is $3.9M (likely range $2.1M–$5.4M).
Common questions
- Who owns Resolute Engineering LLC?
- Resolute Engineering LLC is owned by Wayne Lagorin (CEO), according to public sources such as the company's website or filings.
- How much revenue does Resolute Engineering LLC make?
- SeeBITDA estimates Resolute Engineering LLC's annual revenue at about $6.4M (likely between $4.2M and $7.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Resolute Engineering LLC worth?
- About $3.9M, roughly 4.3× its estimated EBITDA of $918K, typical for a engineering & architecture company its size. Likely range: $2.1M–$5.4M.
- How many employees does Resolute Engineering LLC have?
- About 43, from its 2025 retirement-plan filing.
- When was Resolute Engineering LLC founded?
- Resolute Engineering LLC has been in business since 2015.