Smartpay Bookkeeping LLC
How we got $472K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
OK Smartpay is a family-owned, locally owned payroll, bookkeeping, accounting and HR outsourcing business for small to mid-size businesses and self-employed persons.
From the company's website. Industry: Office Administrative Services.
Estimated value over time
▲ 20% 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 |
|---|---|---|
| SMARTPAY BOOKKEEPING LLC this business | $1.5M | — |
| PREMIER SOLUTIONS INC Oklahoma City · 2 employees | $772K | 0.8 mi |
| MSI MANAGEMENT SERVICES, INC. Oklahoma City · 20 employees | $6.7M | 1.5 mi |
| RL MANAGEMENT INC. Oklahoma City · 7 employees | $2.9M | 1.5 mi |
| OKC INVESTMENTS MANAGEMENT CO LLC Oklahoma City · 4 employees | $1.4M | 1.7 mi |
| A GOOD EGG DINING GROUP, LLC Oklahoma City · 71 employees | $22.1M | 1.8 mi |
| HUNTINGTON ENERGY USA INC Oklahoma City · 14 employees | $5.3M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $191K |
| Revenue = employees × revenue per employee | $1.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $189K |
| Cross-check: revenue implied by PPP payroll | $79K |
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 | $472K |
| Multiple for this size and industry | 2.5× |
| Value range | $223K – $670K |
| Revenue range | $859K – $1.7M |
| EBITDA range | $112K – $223K |
| Industry (NAICS) | Office Administrative Services (561110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 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 | $3K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smartpay Bookkeeping LLC
Smartpay Bookkeeping LLC is an office administrative services company in Oklahoma City, Oklahoma, in business since 2015. Its estimated annual revenue is about $1.5M, with roughly $189K of EBITDA. It has about 3 employees. Its estimated business value is $472K (likely range $223K–$670K).
Common questions
- Who owns Smartpay Bookkeeping LLC?
- The owner of Smartpay Bookkeeping LLC 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 Smartpay Bookkeeping LLC make?
- SeeBITDA estimates Smartpay Bookkeeping LLC's annual revenue at about $1.5M (likely between $859K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smartpay Bookkeeping LLC worth?
- About $472K, roughly 2.5× its estimated EBITDA of $189K, typical for a office administrative services company its size. Likely range: $223K–$670K.
- How many employees does Smartpay Bookkeeping LLC have?
- About 3, as reported on its PPP loan.
- When was Smartpay Bookkeeping LLC founded?
- Smartpay Bookkeeping LLC has been in business since 2015.