Spidi Technologies LLC
How we got $430K
Based on 2 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 22% 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 |
|---|---|---|
| SPIDI TECHNOLOGIES LLC this business | $739K | — |
| NEWTON CLINICAL RESEARCH Edmond · 2 employees | $825K | 11.1 mi |
| VICTORY RESEARCH INC. Edmond · 2 employees | $1.2M | 17.0 mi |
| HC3D Edmond · 2 employees | $974K | 17.7 mi |
| CUTTING EDGE RESEARCH GROUP Oklahoma City · 5 employees | $1.9M | 19.9 mi |
| Raymond And Beverly Sackler Foundation, Inc. Oklahoma City | $1.5M | 21.1 mi |
| Oklahoma Aerospace Institute for Research and Education Stillwater | $1.5M | 22.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $169K |
| Revenue = employees × revenue per employee | $739K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $172K |
| Cross-check: revenue implied by PPP payroll | $68K |
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 | $430K |
| Multiple for this size and industry | 2.5× |
| Value range | $203K – $610K |
| Revenue range | $437K – $875K |
| EBITDA range | $102K – $203K |
| Industry (NAICS) | Research and Development in the Social Sciences and Humanities (541720) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingFirst Bank and Trust CoPPP / 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 Roles are as stated there and may be out of date.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 Bank and Trust Co PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/4/2021 | first | $3K | 2 |
| 3/23/2021 | second | $3K | 1 |
About Spidi Technologies LLC
Spidi Technologies LLC is a research and development in the social sciences and humanities company in Guthrie, Oklahoma. Its estimated annual revenue is about $739K, with roughly $172K of EBITDA. It has about 2 employees. Its estimated business value is $430K (likely range $203K–$610K).
Common questions
- Who owns Spidi Technologies LLC?
- The owner of Spidi Technologies 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 Spidi Technologies LLC make?
- SeeBITDA estimates Spidi Technologies LLC's annual revenue at about $739K (likely between $437K and $875K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spidi Technologies LLC worth?
- About $430K, roughly 2.5× its estimated EBITDA of $172K, typical for a research and development in the social sciences and humanities company its size. Likely range: $203K–$610K.
- How many employees does Spidi Technologies LLC have?
- About 2, as reported on its PPP loan.