Steidley & Neal PLLC
How we got $6.4M
Based on its 43 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
Steidley & Neal, PLLC is a law firm comprised of trial lawyers who focus on all areas of civil litigation, with attorneys licensed in Oklahoma, Arkansas, and Texas.
From the company's website. Industry: Law firms.
Estimated value over time
▲ 26% 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
▼ 60% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 43 | $11.9M |
| 2020 | Form 5500 | 33 | $9.2M |
| 2021 | Form 5500 | 27 | $7.5M |
| 2022 | Form 5500 | 25 | $6.9M |
| 2023 | Form 5500 | 25 | $6.9M |
| 2024 | Form 5500 | 21 | $5.8M |
| 2025 | Form 5500 | 17 | $4.7M |
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 |
|---|---|---|
| STEIDLEY & NEAL PLLC this business | $13.1M | — |
| WINTERS & KING, INC. Tulsa · 19 employees | $6.5M | 0.2 mi |
| Schneidau Law Firm Tulsa | $942K | 0.2 mi |
| THE SCHMOOK LAW FIRM, PLLC Tulsa · 4 employees | $846K | 0.7 mi |
| RICHARDSON RICHARDSON BOUDREAUX PLLC Tulsa · 15 employees | $5.3M | 0.7 mi |
| SCOTT R. HELTON, PLLC Tulsa · 1 employees | $362K | 0.7 mi |
| Lexigent, Llc Tulsa | $942K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.5M |
| Estimate: the two combined (geometric mean) | $13.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.9M |
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 | $6.4M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.4M – $8.8M |
| Revenue range | $8.6M – $15.0M |
| EBITDA range | $1.2M – $2.2M |
| Industry (NAICS) | Offices of Lawyers (541110) |
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
People & advisors
Leadership
- RLRhonda L. BeshearLegal Assistant · Company website · source
- SLSherri L. CottomLegal Assistant · Company website · source
- BSBrenda S. GillispieBilling Administrator · Company website · source
- SKShelley K. KelleyLegal Assistant · Company website · source
- RERuth E. MileyLegal Administrator · Company website · source
- JPJamie PickardParalegal · Company website · source
Advisors
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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 National Bank & Trust Company of McAlester PPP 2020 | All 248 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 | $519K | 43 |
2 locations
| 2448 81ST ST | Tulsa | This listing |
| 100 E Carl Albert Pkwy | Mcalester | 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 Steidley & Neal PLLC
Steidley & Neal PLLC is a law firms company in Tulsa, Oklahoma, in business since 1998. Its estimated annual revenue is about $13.1M, with roughly $1.9M of EBITDA. It has about 17 employees. Its estimated business value is $6.4M (likely range $3.4M–$8.8M). It has 2 locations.
Common questions
- Who owns Steidley & Neal PLLC?
- The owner of Steidley & Neal 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 Steidley & Neal PLLC make?
- SeeBITDA estimates Steidley & Neal PLLC's annual revenue at about $13.1M (likely between $8.6M and $15.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Steidley & Neal PLLC worth?
- About $6.4M, roughly 3.4× its estimated EBITDA of $1.9M, typical for a law firms company its size. Likely range: $3.4M–$8.8M.
- How many employees does Steidley & Neal PLLC have?
- About 17, from its 2025 retirement-plan filing.
- When was Steidley & Neal PLLC founded?
- Steidley & Neal PLLC has been in business since 1998.