SeeBITDAOklahoma

Technical Programming Services, Inc.

  • 5544 S 104TH EAST AVE, Tulsa, OK
Estimated valueMedium confidence
$7.0M
$3.7Mlikely range$9.6M
About 5.4× its yearly profit, typical for a company this size in its industry.
Revenue
$11.8M
a year
Profit (EBITDA)
$1.3M
11% of revenue
Employees
36
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $7.0M

Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.

36 employees × $395K each$14.2M
PPP payroll ÷ payroll's usual share of revenue$7.6M
Shown toward the top of its range×1.14
Revenue$11.8M
× 11% profit margin$1.3M
× 5.4 sale multiple = value$7.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
No website found
Owner not found

Estimated value over time

▼ 7% since 2020
$0$4.5M$9.0M202020212022202320242026

Today'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

▼ 14% since 2020
02550202020212022202320243631
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan36$6.1M$669K
2020Form 550030$5.1M$558K
2021Form 550027$4.6M$502K
2022Form 550029$4.9M$539K
2023Form 550031$5.3M$576K
2024Form 550031$5.3M$576K

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

BusinessEst. revenueEst. profitDistance
TECHNICAL PROGRAMMING SERVICES, INC.
this business
$11.8M$1.3M—
TPI BILLING SOLUTIONS, LLC
Tulsa · 20 employees
$6.2M$773K1.5 mi
NOMEREL LLC
Tulsa · 6 employees
$2.4M$331K1.5 mi
2B LLC
Tulsa · 2 employees
$837K$148K2.2 mi
REDROCK PAYMENT PROCESSING, LLC
Broken Arrow · 4 employees
$2.5M$339K3.1 mi
NETWORK SUPPORT OF OKLAHOMA, LLC
Tulsa · 1 employees
$453K$80K3.5 mi
BRING THE RAIN SOLUTIONS, LLC
Tulsa · 1 employees
$565K$100K3.7 mi

The full calculation

Employees reported to the SBA36
Revenue from headcount (employees × revenue per employee for companies this size)$14.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$7.6M
Estimate: the two combined (geometric mean)$11.8M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$1.3M

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$7.0M
Multiple for this size and industry5.4×
Value range$3.7M – $9.6M
Revenue range$7.8M – $13.5M
EBITDA range$854K – $1.5M
Industry (NAICS)Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

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

People & advisors

Advisors

  • BankingSecurity 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

Security Bank
PPP 2020
All 617 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$405K$407K36Security Bank

About Technical Programming Services, Inc.

Technical Programming Services, Inc. is an it & software company in Tulsa, Oklahoma. Its estimated annual revenue is about $11.8M, with roughly $1.3M of EBITDA. It has about 31 employees. Its estimated business value is $7.0M (likely range $3.7M–$9.6M).

Common questions

Who owns Technical Programming Services, Inc.?
The owner of Technical Programming Services, Inc. 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 Technical Programming Services, Inc. make?
SeeBITDA estimates Technical Programming Services, Inc.'s annual revenue at about $11.8M (likely between $7.8M and $13.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Technical Programming Services, Inc. worth?
About $7.0M, roughly 5.4× its estimated EBITDA of $1.3M, typical for a it & software company its size. Likely range: $3.7M–$9.6M.
How many employees does Technical Programming Services, Inc. have?
About 31, from its 2024 retirement-plan filing.