Summit Technology Group LLC
How we got $2.4M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 37% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SUMMIT TECHNOLOGY GROUP LLC this business | $3.9M | — |
| DIGITAL SIX LABORATORIES, INC. Oklahoma City · 10 employees | $4.7M | 0.1 mi |
| DCA Services Oklahoma City | $1.1M | 0.2 mi |
| KEYBRIDGE TECHNOLOGIES, INC. Oklahoma City · 122 employees | $41.7M | 0.9 mi |
| COMPUTERIZED RISK MANAGEMENT AND CONSULTING, LLC Oklahoma City · 3 employees | $1.2M | 1.0 mi |
| HITECH ASSETS LLC Oklahoma City · 75 employees | $26.9M | 1.1 mi |
| Deep Fork Technology Oklahoma City | $1.3M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $632K |
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 | $2.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $2.5M – $4.4M |
| EBITDA range | $416K – $721K |
| Industry (NAICS) | Custom Computer Programming Services (541511) |
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
- BankingBancFirst, The Huntington National 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
| The Huntington National Bank 7(a) 2021 | All 21 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $113K | 15 |
2 locations
| 909 S MERIDIAN AVE, STE 560 | Oklahoma City | This listing |
| 9429 W Reno Ave | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
| Jun 2021 | 7(a) | $200K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Summit Technology Group LLC
Summit Technology Group LLC is an it & software company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.9M, with roughly $632K of EBITDA. It has about 15 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M). It has 2 locations.
Common questions
- Who owns Summit Technology Group LLC?
- The owner of Summit Technology Group 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 Summit Technology Group LLC make?
- SeeBITDA estimates Summit Technology Group LLC's annual revenue at about $3.9M (likely between $2.5M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Technology Group LLC worth?
- About $2.4M, roughly 3.8× its estimated EBITDA of $632K, typical for a it & software company its size. Likely range: $1.3M–$3.3M.
- How many employees does Summit Technology Group LLC have?
- About 15, as reported on its PPP loan.