Spears Lamb - Mha, PLLC
How we got $1.5M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 30% 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 |
|---|---|---|
| SPEARS LAMB - MHA, PLLC this business | $2.4M | — |
| Ignite Digital Design Tulsa | $2.0M | 0.4 mi |
| Repair Pros (71st And Sheridan) Tulsa | $2.0M | 0.4 mi |
| Saint Police Systems Tulsa | $2.0M | 0.5 mi |
| TEK SOLUTIONS LLC Tulsa · 3 employees | $1.6M | 0.7 mi |
| IMPEX INC Tulsa · 2 employees | $1.1M | 0.7 mi |
| RICHARD CONRAD AND ASSOCIATES LLC Tulsa · 1 employees | $366K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $439K |
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 | $1.5M |
| Multiple for this size and industry | 3.5× |
| Value range | $809K – $2.1M |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $289K – $501K |
| Industry (NAICS) | Architectural Services (541310) |
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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $97K | 8 |
| 1/22/2021 | second | $96K | 8 |
About Spears Lamb - Mha, PLLC
Spears Lamb - Mha, PLLC is an engineering & architecture company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $439K of EBITDA. It has about 8 employees. Its estimated business value is $1.5M (likely range $809K–$2.1M).
Common questions
- Who owns Spears Lamb - Mha, PLLC?
- The owner of Spears Lamb - Mha, PLLC 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 Spears Lamb - Mha, PLLC make?
- SeeBITDA estimates Spears Lamb - Mha, PLLC's annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spears Lamb - Mha, PLLC worth?
- About $1.5M, roughly 3.5× its estimated EBITDA of $439K, typical for a engineering & architecture company its size. Likely range: $809K–$2.1M.
- How many employees does Spears Lamb - Mha, PLLC have?
- About 8, as reported on its PPP loan.