Smith Medical, Inc.
How we got $841K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Smith Medical is a family-owned and family-operated home medical provider based in Edmond, Oklahoma, selling mobility and medical equipment and offering repair and diagnostic services.
From the company's website. Industry: Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Golden Lift Chairs · brand it sells or installs
- InMotion · brand it sells or installs
Estimated value over time
▲ 40% 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 |
|---|---|---|
| SMITH MEDICAL, INC. this business | $3.2M | — |
| SAIENT INNOVATIONS IN SURGERY, LLC Edmond · 6 employees | $5.3M | 0.4 mi |
| SALIENT INNOVATIONS IN SURGERY LLC Edmond · 6 employees | $5.3M | 0.4 mi |
| MACKLIN HAYES LLC Edmond · 1 employees | $1.5M | 2.1 mi |
| TOUCHSTONE 360 LLC Edmond · 1 employees | $1.2M | 2.1 mi |
| MCINTYRE ENTERPRISES, LLC Edmond · 4 employees | $2.6M | 3.1 mi |
| OP-TEC, INC Oklahoma City · 2 employees | $2.8M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $290K |
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 | $841K |
| Multiple for this size and industry | 2.9× |
| Value range | $442K – $1.2M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $191K – $331K |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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
“We are a family-owned and family-operated home medical provider based in Edmond, Oklahoma.”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $27K | 5 |
| 1/20/2021 | second | $27K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smith Medical, Inc.
Smith Medical, Inc. is a family-owned medical, dental, and hospital equipment and supplies merchant wholesalers company in Edmond, Oklahoma, in business since 2013. Its estimated annual revenue is about $3.2M, with roughly $290K of EBITDA. It has about 5 employees. Its estimated business value is $841K (likely range $442K–$1.2M).
Common questions
- Who owns Smith Medical, Inc.?
- The owner of Smith Medical, Inc. 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 Smith Medical, Inc. make?
- SeeBITDA estimates Smith Medical, Inc.'s annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smith Medical, Inc. worth?
- About $841K, roughly 2.9× its estimated EBITDA of $290K, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $442K–$1.2M.
- How many employees does Smith Medical, Inc. have?
- About 5, as reported on its PPP loan.
- When was Smith Medical, Inc. founded?
- Smith Medical, Inc. has been in business since 2013.