South Oklahoma Heart Research LLC
How we got $2.4M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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.
Employees over time
▼ 10% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $2.2M |
| 2020 | Form 5500 | 6 | $1.3M |
| 2021 | Form 5500 | 5 | $1.1M |
| 2022 | Form 5500 | 5 | $1.1M |
| 2023 | Form 5500 | 6 | $1.3M |
| 2024 | Form 5500 | 9 | $2.0M |
| 2025 | Form 5500 | 9 | $2.0M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTH OKLAHOMA HEART RESEARCH LLC this business | $3.0M | — |
| Mercy Oncology Infusion - Oklahoma City South Oklahoma City | $1.5M | 0.1 mi |
| Mercy Clinic General Surgery - Oklahoma City South Oklahoma City | $1.5M | 0.2 mi |
| Mercy Dietitian Services - Oklahoma City South Oklahoma City | $1.5M | 0.2 mi |
| Guerra Rico A. MD Oklahoma City | $1.5M | 0.2 mi |
| Spaced Out Cannabis Oklahoma City | $1.5M | 0.4 mi |
| Mercy Clinic Orthopedic Surgery - SE 67th Street Oklahoma City | $1.5M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $588K |
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 | $2.4M |
| Multiple for this size and industry | 4.1× |
| Value range | $1.3M – $3.3M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $387K – $670K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $143K | 10 |
| 1/23/2021 | second | $143K | 10 |
About South Oklahoma Heart Research LLC
South Oklahoma Heart Research LLC is a doctors & clinics company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $588K of EBITDA. It has about 9 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns South Oklahoma Heart Research LLC?
- The owner of South Oklahoma Heart Research LLC 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 South Oklahoma Heart Research LLC make?
- SeeBITDA estimates South Oklahoma Heart Research LLC's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is South Oklahoma Heart Research LLC worth?
- About $2.4M, roughly 4.1× its estimated EBITDA of $588K, typical for a doctors & clinics company its size. Likely range: $1.3M–$3.3M.
- How many employees does South Oklahoma Heart Research LLC have?
- About 9, from its 2025 retirement-plan filing.