Solutions Through Innovative Technologies, Inc.
How we got $144.9M
Based on its 446 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| SOLUTIONS THROUGH INNOVATIVE TECHNOLOGIES, INC. this business | $164.6M | — |
| J.D. YOUNG COMPANY INC Tulsa · 143 employees | $40.8M | 0.1 mi |
| ROADRUNNER WELL SERVICE, LLC Tulsa · 13 employees | $3.6M | 0.2 mi |
| THE GREENS ON BOULDER Tulsa · 3 employees | $1.3M | 0.2 mi |
| GITWIT CREATIVE LLC Tulsa · 23 employees | $8.3M | 0.5 mi |
| Skyline Animal Hospital Tulsa | $1.2M | 0.5 mi |
| UMAMI CONCEPTS LLC Tulsa · 31 employees | $7.5M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 446 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $129.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $161.2M |
| Estimate: the two combined (geometric mean) | $164.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $19.3M |
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 | $144.9M |
| Multiple for this size and industry | 7.5× |
| Value range | $76.3M – $198.3M |
| Revenue range | $108.3M – $187.6M |
| EBITDA range | $12.7M – $22.0M |
| Industry (NAICS) | All Other Professional, Scientific, and Technical Services (541990) |
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. 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
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/25/2020 | first | $7.6M | 446 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Solutions Through Innovative Technologies, Inc.
Solutions Through Innovative Technologies, Inc. is an all other professional, scientific, and technical services company in Tulsa, Oklahoma. It is owned by Charles Colon (Chief Executive Officer). Its estimated annual revenue is about $164.6M, with roughly $19.3M of EBITDA. It has about 446 employees. Its estimated business value is $144.9M (likely range $76.3M–$198.3M).
Common questions
- Who owns Solutions Through Innovative Technologies, Inc.?
- Solutions Through Innovative Technologies, Inc. is owned by Charles Colon (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Solutions Through Innovative Technologies, Inc. make?
- SeeBITDA estimates Solutions Through Innovative Technologies, Inc.'s annual revenue at about $164.6M (likely between $108.3M and $187.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Solutions Through Innovative Technologies, Inc. worth?
- About $144.9M, roughly 7.5× its estimated EBITDA of $19.3M, typical for a all other professional, scientific, and technical services company its size. Likely range: $76.3M–$198.3M.
- How many employees does Solutions Through Innovative Technologies, Inc. have?
- About 446, as reported on its PPP loan.