Sanders & Associates, P.C.
How we got $900K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
What they do
Sanders and Associates, P.C. is a Tulsa personal injury law firm handling car wreck, trucking, motorcycle, premise liability and insurance bad faith cases for injured clients in Northeast Oklahoma.
From the company's website. Industry: Law firms.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- THE HAWTHORN GROUP, INC. · Tulsa, 8 mi · $437.3M
- CUSTOM COMMODITIES, INC · Vinita, 57 mi · $136.9M
- EAGLE REDI-MIX CONCRETE LLC · Tulsa, 1 mi · $111.7M
- MILLER TRUCK LINES LLC · Stroud, 47 mi · $106.6M
- JCT HOLDING CO LLC · Sapulpa, 17 mi · $101.5M
- SBM CORPORATION · Bixby, 16 mi · $20.9M
- SAME DAY TIRE AND AUTO REPAIR · Sapulpa, 11 mi · $18.7M
- TOMMY NIX AUTO GROUP LLC · Tahlequah, 59 mi · $15.8M
- DIGICUT LLC · Tulsa, 6 mi · $13.2M
- REPUTATION SERVICES & MANUFACTURING, LLC · Tulsa, 10 mi · $12.4M
- PACESETTER CLAIMS SERVICES, IC. · Tulsa, 0 mi · $75.5M
- RICH & CARTMILL, INC. · Tulsa, 4 mi · $46.7M
- TWO OAKS INVESTMENTS, LLC · Broken Arrow, 9 mi · $23.2M
- ATI INSURANCE GROUP INC · Jenks, 9 mi · $18.8M
- PROFESSIONAL BENEFIT ADMINISTRATORS WEST, LLC · Tulsa, 5 mi · $10.9M
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SANDERS & ASSOCIATES, P.C. this business | $2.2M | — |
| THE CHILDS LAW FIRM, PLLC Tulsa · 2 employees | $603K | 0.0 mi |
| N. SCOTT JOHNSON, PLLC Tulsa · 8 employees | $2.5M | 0.0 mi |
| MCATEE AND CASSODY, PLLC Tulsa · 5 employees | $1.2M | 0.1 mi |
| Express Graphics Tulsa | $942K | 0.1 mi |
| Nichols Mcclanahan Reporting Tulsa | $942K | 0.1 mi |
| Prolegaltech Tulsa | $942K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $391K |
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 | $900K |
| Multiple for this size and industry | 2.3× |
| Value range | $473K – $1.2M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $257K – $446K |
| 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
“After working for a firm in Oklahoma City for two (2) years, Esther opened her own practice, Sanders and Associates, P.C. law office in Tulsa, Oklahoma, on January 2, 1995.”
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020, PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $76K | 8 |
| 2/6/2021 | second | $65K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sanders & Associates, P.C.
Sanders & Associates, P.C. is a law firms company in Tulsa, Oklahoma, in business since 1995. Its estimated annual revenue is about $2.2M, with roughly $391K of EBITDA. It has about 8 employees. Its estimated business value is $900K (likely range $473K–$1.2M).
Common questions
- Who owns Sanders & Associates, P.C.?
- The owner of Sanders & 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 Sanders & Associates, P.C. make?
- SeeBITDA estimates Sanders & Associates, P.C.'s annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sanders & Associates, P.C. worth?
- About $900K, roughly 2.3× its estimated EBITDA of $391K, typical for a law firms company its size. Likely range: $473K–$1.2M.
- How many employees does Sanders & Associates, P.C. have?
- About 8, as reported on its PPP loan.
- When was Sanders & Associates, P.C. founded?
- Sanders & Associates, P.C. has been in business since 1995.