Stillwater Neurology LLC
How we got $1.3M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Stillwater Neurology is a neurology practice in Stillwater, Oklahoma that diagnoses and treats neurological conditions, offering in-office EEG and EMG testing and Botox therapy.
From the company's website. Industry: Doctors & clinics.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STILLWATER NEUROLOGY LLC this business | $2.0M | — |
| DAVID MCCOY PLLC Stillwater · 4 employees | $1.3M | 0.0 mi |
| JOHN WEDLAKE PLLC Stillwater · 1 employees | $535K | 0.0 mi |
| Stillwater Pediatrics Stillwater | $1.5M | 0.0 mi |
| Stillwater Otolaryngology Stillwater | $1.5M | 0.0 mi |
| Krystal M. Voight Stillwater | $1.5M | 0.0 mi |
| Stillwater Urology Specialists Stillwater | $1.5M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $389K |
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 | $1.3M |
| Multiple for this size and industry | 3.3× |
| Value range | $675K – $1.8M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $256K – $443K |
| 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
History & advisors
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020, PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $74K | 7 |
| 1/31/2021 | second | $66K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Stillwater Neurology LLC
Stillwater Neurology LLC is a doctors & clinics company in Stillwater, Oklahoma, in business since 2015. It is owned by John R. Wedlake, M.D. (Founder). Its estimated annual revenue is about $2.0M, with roughly $389K of EBITDA. It has about 8 employees. Its estimated business value is $1.3M (likely range $675K–$1.8M).
Common questions
- Who owns Stillwater Neurology LLC?
- Stillwater Neurology LLC is owned by John R. Wedlake, M.D. (Founder), according to public sources such as the company's website or filings.
- How much revenue does Stillwater Neurology LLC make?
- SeeBITDA estimates Stillwater Neurology LLC's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stillwater Neurology LLC worth?
- About $1.3M, roughly 3.3× its estimated EBITDA of $389K, typical for a doctors & clinics company its size. Likely range: $675K–$1.8M.
- How many employees does Stillwater Neurology LLC have?
- About 8, as reported on its PPP loan.
- When was Stillwater Neurology LLC founded?
- Stillwater Neurology LLC has been in business since 2015.