Terrel B. Doremus & Assoc. PC
How we got $362K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 20% since 2021Today'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 & ASSOC. PC this business | $962K | — |
| ARTHUR H. ADAMS, P.C Tulsa · 6 employees | $1.7M | 0.0 mi |
| TERREL B DOREMUS & ASSOCIATES PC Tulsa · 5 employees | $938K | 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) | $537K |
| Estimate: the two combined (geometric mean) | $962K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $191K |
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 | $362K |
| Multiple for this size and industry | 1.9× |
| Value range | $191K – $496K |
| Revenue range | $633K – $1.1M |
| EBITDA range | $125K – $217K |
| 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
- BankingBOKF, 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/18/2021 | second | $24K | 5 |
About Terrel B. Doremus & Assoc. PC
Terrel B. Doremus & Assoc. PC is a law firms company in Tulsa, Oklahoma. Its estimated annual revenue is about $962K, with roughly $191K of EBITDA. It has about 5 employees. Its estimated business value is $362K (likely range $191K–$496K).
Common questions
- Who owns Terrel B. Doremus & Assoc. PC?
- The owner of Terrel B. Doremus & Assoc. 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 & Assoc. PC make?
- SeeBITDA estimates Terrel B. Doremus & Assoc. PC's annual revenue at about $962K (likely between $633K 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 & Assoc. PC worth?
- About $362K, roughly 1.9× its estimated EBITDA of $191K, typical for a law firms company its size. Likely range: $191K–$496K.
- How many employees does Terrel B. Doremus & Assoc. PC have?
- About 5, as reported on its PPP loan.