Terrel B Doremus & Associates PC
How we got $353K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TERREL B DOREMUS & ASSOCIATES PC this business | $938K | — |
| ARTHUR H. ADAMS, P.C Tulsa · 6 employees | $1.7M | 0.0 mi |
| TERREL B. DOREMUS & ASSOC. PC Tulsa · 5 employees | $962K | 0.0 mi |
| Injury Lawyers Tulsa | $942K | 0.0 mi |
| Landownerfirm, Pllc Tulsa | $942K | 0.3 mi |
| Bunn Randy D Office Tulsa | $942K | 0.6 mi |
| Travis W. Watkins Tax Resolution & Accounting Firm Tulsa | $942K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $511K |
| Estimate: the two combined (geometric mean) | $938K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $186K |
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 | $353K |
| Multiple for this size and industry | 1.9× |
| Value range | $186K – $484K |
| Revenue range | $617K – $1.1M |
| EBITDA range | $122K – $212K |
| Industry (NAICS) | Offices of Lawyers (541110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & 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 Roles are as stated there and may be out of date.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 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $23K | 5 |
About Terrel B Doremus & Associates PC
Terrel B Doremus & Associates PC is a law firms company in Tulsa, Oklahoma. Its estimated annual revenue is about $938K, with roughly $186K of EBITDA. It has about 5 employees. Its estimated business value is $353K (likely range $186K–$484K).
Common questions
- Who owns Terrel B Doremus & Associates PC?
- The owner of Terrel B Doremus & Associates PC 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 Terrel B Doremus & Associates PC make?
- SeeBITDA estimates Terrel B Doremus & Associates PC's annual revenue at about $938K (likely between $617K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Terrel B Doremus & Associates PC worth?
- About $353K, roughly 1.9× its estimated EBITDA of $186K, typical for a law firms company its size. Likely range: $186K–$484K.
- How many employees does Terrel B Doremus & Associates PC have?
- About 5, as reported on its PPP loan.