Solidtech Animal Health, Inc.
How we got $1.2M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
SolidTech Animal Health, Inc. makes implantable cattle vaccines and a delivery device for herd health, as stated on its site ("Leading herd health with implantable cattle vaccines since 1997.").
From the company's website. Industry: Veterinarians.
Customers & suppliers
Suppliers & brands
- Cambridge Technologies · brand it sells or installs
Estimated value over time
▲ 44% 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 |
|---|---|---|
| SOLIDTECH ANIMAL HEALTH, INC. this business | $2.3M | — |
| CECIL BARRETT CRANE INSPECTIONS INC. Newcastle · 4 employees | $1.3M | 1.2 mi |
| COMPASS AVIATION GROUP, LLC Newcastle · 6 employees | $2.0M | 2.1 mi |
| NEWCASTLE ANIMAL HOSPITAL, INC. Newcastle · 7 employees | $1.5M | 2.2 mi |
| JERAD RHODES Newcastle · 1 employees | $545K | 2.8 mi |
| DRILLING SEVICE OF OKLAHOMA LLC Oklahoma City · 8 employees | $2.3M | 3.0 mi |
| Equi-Center Veterinary Hospital Norman | $1.2M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $414K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $654K – $1.7M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $272K – $472K |
| Industry (NAICS) | Veterinary Services (541940) |
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, PPP 2021 | 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 | $101K | 10 |
| 2/13/2021 | second | $103K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Solidtech Animal Health, Inc.
Solidtech Animal Health, Inc. is a veterinarians company in Newcastle, Oklahoma, in business since 1997. Its estimated annual revenue is about $2.3M, with roughly $414K of EBITDA. It has about 10 employees. Its estimated business value is $1.2M (likely range $654K–$1.7M).
Common questions
- Who owns Solidtech Animal Health, Inc.?
- The owner of Solidtech Animal Health, 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 Solidtech Animal Health, Inc. make?
- SeeBITDA estimates Solidtech Animal Health, Inc.'s annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Solidtech Animal Health, Inc. worth?
- About $1.2M, roughly 3× its estimated EBITDA of $414K, typical for a veterinarians company its size. Likely range: $654K–$1.7M.
- How many employees does Solidtech Animal Health, Inc. have?
- About 10, as reported on its PPP loan.
- When was Solidtech Animal Health, Inc. founded?
- Solidtech Animal Health, Inc. has been in business since 1997.