Tech Evolutions LLC
How we got $5.8M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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 |
|---|---|---|
| TECH EVOLUTIONS LLC this business | $6.6M | — |
| CYTEK LLC Tulsa · 4 employees | $1.1M | 0.0 mi |
| ADVANCED SYSTEMS GROUP Tulsa · 16 employees | $5.1M | 0.5 mi |
| ADVANCED SYSTEMS GROUPS INC. Tulsa · 14 employees | $4.8M | 0.5 mi |
| THE ARCLIGHT GROUP, LLC Tulsa · 7 employees | $2.3M | 1.0 mi |
| JUMP TECHNOLOGY SERVICES LLC Tulsa · 18 employees | $6.6M | 1.1 mi |
| Custom Computer Solutions Tulsa | $1.3M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.5M |
| Estimate: the two combined (geometric mean) | $6.6M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.8M |
| Multiple for this size and industry | 5.4× |
| Value range | $3.1M – $7.9M |
| Revenue range | $4.3M – $7.5M |
| EBITDA range | $707K – $1.2M |
| Industry (NAICS) | Computer Systems Design Services (541512) |
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
- BankingJPMorgan Chase Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/28/2020 | first | $190K | 15 |
| 3/13/2021 | second | $190K | 18 |
About Tech Evolutions LLC
Tech Evolutions LLC is an it & software company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.6M, with roughly $1.1M of EBITDA. It has about 18 employees. Its estimated business value is $5.8M (likely range $3.1M–$7.9M).
Common questions
- Who owns Tech Evolutions LLC?
- The owner of Tech Evolutions 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 Tech Evolutions LLC make?
- SeeBITDA estimates Tech Evolutions LLC's annual revenue at about $6.6M (likely between $4.3M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tech Evolutions LLC worth?
- About $5.8M, roughly 5.4× its estimated EBITDA of $1.1M, typical for a it & software company its size. Likely range: $3.1M–$7.9M.
- How many employees does Tech Evolutions LLC have?
- About 18, as reported on its PPP loan.