Shamas & Reid PC
How we got $934K
Based on 5 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% 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
▼ 20% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $1.4M |
| 2025 | Form 5500 | 4 | $1.1M |
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHAMAS & REID PC this business | $2.3M | — |
| Quandt Law Firm Tulsa | $949K | 0.0 mi |
| MORREL LAW PLLC Tulsa · 4 employees | $1.8M | 0.1 mi |
| REECE MORREL Tulsa · 4 employees | $1.8M | 0.1 mi |
| Law Office Of Joseph Harvey Hanson Tulsa | $949K | 0.1 mi |
| OKLAHOMA DISABILITY LAW CENTER Tulsa · 18 employees | $8.1M | 0.2 mi |
| Summit Office Staffing In Tulsa | $949K | 0.2 mi |
Ranges & sources
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $304K – $528K |
| Industry (NAICS) | Offices of Lawyers (541110) |
| Value range | $560K – $1.5M |
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
History & advisors
Advisors
- BankingPatrons 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 Roles are as stated there and may be out of date.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
| Patrons Bank National Association PPP 2020, PPP 2021 | All 131 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $54K | 5 |
| 1/19/2021 | second | $58K | 5 |
About Shamas & Reid PC
Shamas & Reid PC is a law firms company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $406K of EBITDA. It has about 4 employees. Its estimated business value is $934K (likely range $560K–$1.5M).
Common questions
- Who owns Shamas & Reid PC?
- The owner of Shamas & Reid 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 Shamas & Reid PC make?
- SeeBITDA estimates Shamas & Reid PC's annual revenue at about $2.3M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shamas & Reid PC worth?
- About $934K, roughly 2.3× its estimated EBITDA of $406K, typical for a law firms company its size. Likely range: $560K–$1.5M.
- How many employees does Shamas & Reid PC have?
- About 4, from its 2025 retirement-plan filing.