Smartpay Payroll Solutions LLC
How we got $321K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 32% 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.
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: Accounting & tax.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SMARTPAY PAYROLL SOLUTIONS LLC this business | $477K | — |
| MICHAEL SAVUTO CPA P.C. Oklahoma City · 1 employees | $249K | 0.0 mi |
| MICHAL L RAMSEY CPA INC Oklahoma City · 1 employees | $249K | 0.0 mi |
| PAUL G BROWN PC Oklahoma City · 5 employees | $1.2M | 0.0 mi |
| Michael Ramsey Inc Oklahoma City | $735K | 0.0 mi |
| Eldridge Gordon, Jr. CPA Oklahoma City | $735K | 0.1 mi |
| ONE STAR ELECTRONIC TAX CORPORATION Oklahoma City · 4 employees | $345K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $707K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $247K |
| Estimate: the two combined (geometric mean) | $477K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $111K |
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 | $321K |
| Multiple for this size and industry | 2.9× |
| Value range | $169K – $440K |
| Revenue range | $314K – $544K |
| EBITDA range | $73K – $126K |
| Industry (NAICS) | Payroll Services (541214) |
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
History & advisors
“OK Smartpay is a family-owned business that was created due to a growing need in outsourced payroll, bookkeeping and accounting solutions, and HR functions for small businesses and self-employed persons.”
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 |
|---|---|---|---|
| 4/8/2020 | first | $12K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smartpay Payroll Solutions LLC
Smartpay Payroll Solutions LLC is a family-owned accounting & tax company in Oklahoma City, Oklahoma, in business since 2015. Its estimated annual revenue is about $477K, with roughly $111K of EBITDA. It has about 3 employees. Its estimated business value is $321K (likely range $169K–$440K).
Common questions
- Who owns Smartpay Payroll Solutions LLC?
- The owner of Smartpay Payroll Solutions 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 Payroll Solutions LLC make?
- SeeBITDA estimates Smartpay Payroll Solutions LLC's annual revenue at about $477K (likely between $314K and $544K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smartpay Payroll Solutions LLC worth?
- About $321K, roughly 2.9× its estimated EBITDA of $111K, typical for a accounting & tax company its size. Likely range: $169K–$440K.
- How many employees does Smartpay Payroll Solutions LLC have?
- About 3, as reported on its PPP loan.
- When was Smartpay Payroll Solutions LLC founded?
- Smartpay Payroll Solutions LLC has been in business since 2015.