Somnitech Inc.
How we got $4.6M
Based on its 14 employees and its payroll, both reported for PPP in 2021 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
SomniTech is an outreach sleep service provider that partners with hospitals, especially Critical Access Hospitals, to set up and manage sleep centers and offer sleep testing and treatment, and provides accreditation consulting for sleep labs.
From the company's website. Industry: Medical Laboratories.
Estimated value over time
▲ 20% since 2021Today'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 |
|---|---|---|
| SOMNITECH INC. this business | $5.8M | — |
| Mark W. Wood, M.d. Edmond | $1.7M | 0.1 mi |
| Quest Diagnostics Edmond | $1.7M | 0.1 mi |
| Planned Parenthood - Edmond Clinic Edmond | $1.7M | 0.1 mi |
| Diagnostic Laboratory of Oklahoma Edmond | $1.7M | 0.1 mi |
| Michelle Merrell, APRN Edmond | $1.7M | 0.1 mi |
| Krista Schwarz, M.D. Edmond | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.9M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.6M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.4M – $6.3M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $677K – $1.2M |
| Industry (NAICS) | Medical Laboratories (621511) |
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
Advisors
- BankingFirst Liberty 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
| First Liberty Bank PPP 2021 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | second | $273K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Somnitech Inc.
Somnitech Inc. is a medical laboratories company in Edmond, Oklahoma, in business since 1997. Its estimated annual revenue is about $5.8M, with roughly $1.0M of EBITDA. It has about 14 employees. Its estimated business value is $4.6M (likely range $2.4M–$6.3M).
Common questions
- Who owns Somnitech Inc.?
- The owner of Somnitech 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 Somnitech Inc. make?
- SeeBITDA estimates Somnitech Inc.'s annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Somnitech Inc. worth?
- About $4.6M, roughly 4.5× its estimated EBITDA of $1.0M, typical for a medical laboratories company its size. Likely range: $2.4M–$6.3M.
- How many employees does Somnitech Inc. have?
- About 14, as reported on its PPP loan.
- When was Somnitech Inc. founded?
- Somnitech Inc. has been in business since 1997.