Rice & Associates, P.C.
How we got $612K
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
▲ 26% 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
▼ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $1.1M |
| 2022 | Form 5500 | 4 | $1.1M |
| 2023 | Form 5500 | 4 | $1.1M |
| 2024 | Form 5500 | 4 | $1.1M |
| 2025 | Form 5500 | 3 | $833K |
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 |
|---|---|---|
| RICE & ASSOCIATES, P.C. this business | $1.3M | — |
| The Law Office of Greg A Young Midwest City | $943K | 0.0 mi |
| Stephanie K. Fryar Pllc Midwest City | $943K | 0.0 mi |
| Newark Law Firm PLLC Midwest City | $943K | 0.0 mi |
| The Crosthwait Law Firm Midwest City | $943K | 0.1 mi |
| Bright Bankruptcy Firm Oklahoma City | $943K | 0.1 mi |
| Howell Law Office Oklahoma City | $943K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $266K |
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 | $612K |
| Multiple for this size and industry | 2.3× |
| Value range | $322K – $837K |
| Revenue range | $883K – $1.5M |
| EBITDA range | $175K – $303K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. 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
- AMAustin MurraySigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- BankingFNB Community 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
| FNB Community Bank PPP 2020, PPP 2021 | All 164 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $43K | 4 |
| 1/16/2021 | second | $43K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rice & Associates, P.C.
Rice & Associates, P.C. is a law firms company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $266K of EBITDA. It has about 3 employees. Its estimated business value is $612K (likely range $322K–$837K).
Common questions
- Who owns Rice & Associates, P.C.?
- The owner of Rice & Associates, P.C. 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 Rice & Associates, P.C. make?
- SeeBITDA estimates Rice & Associates, P.C.'s annual revenue at about $1.3M (likely between $883K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rice & Associates, P.C. worth?
- About $612K, roughly 2.3× its estimated EBITDA of $266K, typical for a law firms company its size. Likely range: $322K–$837K.
- How many employees does Rice & Associates, P.C. have?
- About 3, from its 2025 retirement-plan filing.