Schmidt & Associates, PC
How we got $507K
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
▲ 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SCHMIDT & ASSOCIATES, PC this business | $881K | — |
| GILLISPIE & OGILBEE, PC Oklahoma City · 11 employees | $2.7M | 0.1 mi |
| DEPENDABLE BOOKKEEPING & TAX INC Oklahoma City · 2 employees | $302K | 0.4 mi |
| Jeffries & Teel Pllc Oklahoma City | $736K | 0.4 mi |
| DATA MODES, INC. Oklahoma City · 2 employees | $367K | 0.4 mi |
| BIRCHELL CPA, PLLC Oklahoma City · 1 employees | $353K | 0.4 mi |
| ELKINS AND ASSOCIATES INC. Oklahoma City · 3 employees | $523K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $720K |
| Estimate: the two combined (geometric mean) | $881K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $175K |
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 | $507K |
| Multiple for this size and industry | 2.9× |
| Value range | $267K – $693K |
| Revenue range | $580K – $1.0M |
| EBITDA range | $115K – $199K |
| 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
People & advisors
Advisors
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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 Fidelity Bank PPP 2020, PPP 2021 | All 940 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 | $31K | 4 |
| 1/20/2021 | second | $31K | 4 |
About Schmidt & Associates, PC
Schmidt & Associates, PC is an accounting & tax company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $881K, with roughly $175K of EBITDA. It has about 4 employees. Its estimated business value is $507K (likely range $267K–$693K).
Common questions
- Who owns Schmidt & Associates, PC?
- The owner of Schmidt & Associates, PC 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 Schmidt & Associates, PC make?
- SeeBITDA estimates Schmidt & Associates, PC's annual revenue at about $881K (likely between $580K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Schmidt & Associates, PC worth?
- About $507K, roughly 2.9× its estimated EBITDA of $175K, typical for a accounting & tax company its size. Likely range: $267K–$693K.
- How many employees does Schmidt & Associates, PC have?
- About 4, as reported on its PPP loan.