Southern Plains Medical Center Inc.
How we got $20.7M
Based on its 82 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
▼ 71% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 82 | $18.2M |
| 2020 | Form 5500 | 110 | $24.4M |
| 2021 | Form 5500 | 95 | $21.1M |
| 2022 | Form 5500 | 47 | $10.4M |
| 2023 | Form 5500 | 36 | $8.0M |
| 2024 | Form 5500 | 30 | $6.7M |
| 2025 | Form 5500 | 24 | $5.3M |
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 |
|---|---|---|
| SOUTHERN PLAINS MEDICAL CENTER INC. this business | $23.3M | — |
| American Ear Hearing Aid Center Chickasha | $1.5M | 0.0 mi |
| Traditions Health Hospice Chickasha | $1.5M | 0.0 mi |
| Traditions Health Home Health Chickasha | $1.5M | 0.1 mi |
| Edmond Norman Foot And Ankle Chickasha | $3.0M | 0.2 mi |
| Ross Health Care Chickasha | $1.5M | 0.5 mi |
| Life Choices Chickasha Chickasha | $134K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 82 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.4M |
| Estimate: the two combined (geometric mean) | $23.3M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $3.4M |
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 | $20.7M |
| Multiple for this size and industry | 6.1× |
| Value range | $10.9M – $28.3M |
| Revenue range | $15.3M – $26.5M |
| EBITDA range | $2.2M – $3.9M |
| 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
- AccountingNiren Patel, CPAAudits its 401(k) plan (2022 filing)
- BankingSovereign 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
| Sovereign Bank PPP 2020 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $1.0M | 82 |
2 locations
| 2222 W Iowa Ave | Chickasha | This listing |
| 1104 E Central Blvd | Anadarko | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southern Plains Medical Center Inc.
Southern Plains Medical Center Inc. is a doctors & clinics company in Chickasha, Oklahoma. Its estimated annual revenue is about $23.3M, with roughly $3.4M of EBITDA. It has about 24 employees. Its estimated business value is $20.7M (likely range $10.9M–$28.3M). It has 2 locations.
Common questions
- Who owns Southern Plains Medical Center Inc.?
- The owner of Southern Plains Medical Center 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 Southern Plains Medical Center Inc. make?
- SeeBITDA estimates Southern Plains Medical Center Inc.'s annual revenue at about $23.3M (likely between $15.3M and $26.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southern Plains Medical Center Inc. worth?
- About $20.7M, roughly 6.1× its estimated EBITDA of $3.4M, typical for a doctors & clinics company its size. Likely range: $10.9M–$28.3M.
- How many employees does Southern Plains Medical Center Inc. have?
- About 24, from its 2025 retirement-plan filing.