Stephen L Bruce, PC
How we got $5.1M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
▼ 6% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 35 | $9.7M |
| 2020 | Form 5500 | 26 | $7.2M |
| 2021 | Form 5500 | 23 | $6.4M |
| 2022 | Form 5500 | 27 | $7.5M |
| 2023 | Form 5500 | 26 | $7.2M |
| 2024 | Form 5500 | 33 | $9.2M |
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.
What we know
Signs of a sale Likely to sell
- In business 42 years (since 1984)
- Founder still runs it after 42 years
From public records and the company's website, not a statement that it's for sale.
What they do
Stephen Bruce & Associates is a law office founded in Oklahoma City in 1984 that specializes in consumer and commercial collections, delivering legal services to business clients.
From the company's website. Industry: Law firms.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STEPHEN L BRUCE, PC this business | $10.3M | — |
| Heim Law Firm Edmond | $948K | 0.1 mi |
| MUNSON & MCMILLIN, P.C. Edmond · 18 employees | $6.1M | 0.1 mi |
| Kelley Law Group Edmond | $948K | 0.1 mi |
| EVANS & DAVIS, PLLC Edmond · 28 employees | $8.7M | 0.1 mi |
| STODDARD MORRIS, PLLC Edmond · 2 employees | $560K | 0.1 mi |
| ODANIEL & ASSOCIATES PLLC Edmond · 1 employees | $402K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.2M |
| Estimate: the two combined (geometric mean) | $10.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.5M |
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 | $5.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.7M – $6.9M |
| Revenue range | $6.8M – $11.8M |
| EBITDA range | $980K – $1.7M |
| 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
History & advisors
“Stephen Bruce & Associates was founded by Stephen L. Bruce in Oklahoma City in 1984.”
Advisors
- BankingThe Citizens Bank of EdmondPPP / 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
| The Citizens Bank of Edmond PPP 2020 | All 502 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $394K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Stephen L Bruce, PC
Stephen L Bruce, PC is a law firms company in Edmond, Oklahoma, in business since 1984. It is owned by Stephen L. Bruce (Founder). Its estimated annual revenue is about $10.3M, with roughly $1.5M of EBITDA. It has about 33 employees. Its estimated business value is $5.1M (likely range $2.7M–$6.9M).
Common questions
- Who owns Stephen L Bruce, PC?
- Stephen L Bruce, PC is owned by Stephen L. Bruce (Founder), according to public sources such as the company's website or filings.
- How much revenue does Stephen L Bruce, PC make?
- SeeBITDA estimates Stephen L Bruce, PC's annual revenue at about $10.3M (likely between $6.8M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stephen L Bruce, PC worth?
- About $5.1M, roughly 3.4× its estimated EBITDA of $1.5M, typical for a law firms company its size. Likely range: $2.7M–$6.9M.
- How many employees does Stephen L Bruce, PC have?
- About 33, from its 2024 retirement-plan filing.
- When was Stephen L Bruce, PC founded?
- Stephen L Bruce, PC has been in business since 1984.
- Is Stephen L Bruce, PC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); founder still runs it after 42 years.