Solomon Abstract Co.
How we got $467K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Solomon Abstract is a real estate title and abstract company in Kingfisher, Oklahoma, providing abstracting, title insurance, and closing services for homeowners, buyers, sellers, and real estate professionals.
From the company's website. Industry: Law firms.
Customers & suppliers
Suppliers & brands
- First American Title Insurance Company · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GORE INVESTMENTS, LLC · Seiling, 59 mi · $482.1M
- HS-REAL ESTATE INC · Norman, 49 mi · $311.3M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 29 mi · $132.9M
- COATES FIELD SERVICE, INC. · Oklahoma City, 33 mi · $107.8M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 36 mi · $67.0M
Estimated value over time
▲ 34% 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 |
|---|---|---|
| SOLOMON ABSTRACT CO. this business | $1.2M | — |
| HARRISON & MECKLENBURG INC Kingfisher · 15 employees | $4.8M | 0.0 mi |
| KARIM LAW OFFICE, PLLC Kingfisher · 1 employees | $330K | 0.0 mi |
| Schulte, Schneiter & Gibson, Pllc Kingfisher | $943K | 0.1 mi |
| KRISTY PERRY, PLLC Cashion · 1 employees | $364K | 15.1 mi |
| Walta & Walta Hennessey | $943K | 17.1 mi |
| VINCENT MESIS JR, P.C. Hennessey · 3 employees | $809K | 17.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $853K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $246K |
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 | $467K |
| Multiple for this size and industry | 1.9× |
| Value range | $246K – $639K |
| Revenue range | $815K – $1.4M |
| EBITDA range | $162K – $280K |
| Industry (NAICS) | Title Abstract and Settlement Offices (541191) |
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 |
|---|---|---|---|
| 4/6/2020 | first | $47K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Solomon Abstract Co.
Solomon Abstract Co. is a law firms company in Kingfisher, Oklahoma, in business since 2003. Its estimated annual revenue is about $1.2M, with roughly $246K of EBITDA. It has about 4 employees. Its estimated business value is $467K (likely range $246K–$639K).
Common questions
- Who owns Solomon Abstract Co.?
- The owner of Solomon Abstract Co. 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 Solomon Abstract Co. make?
- SeeBITDA estimates Solomon Abstract Co.'s annual revenue at about $1.2M (likely between $815K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Solomon Abstract Co. worth?
- About $467K, roughly 1.9× its estimated EBITDA of $246K, typical for a law firms company its size. Likely range: $246K–$639K.
- How many employees does Solomon Abstract Co. have?
- About 4, as reported on its PPP loan.
- When was Solomon Abstract Co. founded?
- Solomon Abstract Co. has been in business since 2003.