Tpi Billing Solutions, LLC
How we got $3.5M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
TPi Billing Solutions is a full-service Billing Services Provider located in Tulsa, Oklahoma, that handles billing statements, data processing, mailings, remittance processing and customer care for its customers.
From the company's website. Industry: IT & software.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- PACESETTER CLAIMS SERVICES, IC. · Tulsa, 7 mi · $75.5M
- RICH & CARTMILL, INC. · Tulsa, 4 mi · $46.7M
- TWO OAKS INVESTMENTS, LLC · Broken Arrow, 3 mi · $23.2M
- ATI INSURANCE GROUP INC · Jenks, 7 mi · $18.8M
- PROFESSIONAL BENEFIT ADMINISTRATORS WEST, LLC · Tulsa, 4 mi · $10.9M
- FOLDS OF HONOR FOUNDATION · Owasso, 13 mi · $75.9M
- ROMAN CATHOLIC DIOCESE OF TULSA · Broken Arrow, 5 mi · $67.0M
- WILLIE GEORGE MINISTRIES, INC · Tulsa, 6 mi · $58.5M
- VICTORY CHRISTIAN CENTER INC · Tulsa, 5 mi · $55.7M
- THE CHURCH AT BATTLECREEK INC. · Broken Arrow, 4 mi · $44.8M
Estimated value over time
▼ 7% 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 |
|---|---|---|
| TPI BILLING SOLUTIONS, LLC this business | $6.2M | — |
| NOMEREL LLC Tulsa · 6 employees | $2.4M | 1.3 mi |
| TECHNICAL PROGRAMMING SERVICES, INC. Tulsa · 36 employees | $11.8M | 1.5 mi |
| 2B LLC Tulsa · 2 employees | $837K | 2.1 mi |
| BRING THE RAIN SOLUTIONS, LLC Tulsa · 1 employees | $565K | 3.7 mi |
| MISS GROUP, INC. Tulsa | $9.2M | 3.9 mi |
| ELYNX TECHNOLOGIES LLC Tulsa · 40 employees | $20.8M | 4.1 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.8M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $773K |
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 | $3.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.8M – $4.8M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $508K – $881K |
| Industry (NAICS) | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210) |
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, 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
- BankingAmerican Bank and Trust CompanyPPP / 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
| American Bank and Trust Company PPP 2020, PPP 2021 | All 117 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $200K | 20 |
| 1/19/2021 | second | $200K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tpi Billing Solutions, LLC
Tpi Billing Solutions, LLC is a family-owned it & software company in Tulsa, Oklahoma. It is owned by Roy E. Thomas (Founder). Its estimated annual revenue is about $6.2M, with roughly $773K of EBITDA. It has about 20 employees. Its estimated business value is $3.5M (likely range $1.8M–$4.8M).
Common questions
- Who owns Tpi Billing Solutions, LLC?
- Tpi Billing Solutions, LLC is owned by Roy E. Thomas (Founder), according to public sources such as the company's website or filings.
- How much revenue does Tpi Billing Solutions, LLC make?
- SeeBITDA estimates Tpi Billing Solutions, LLC's annual revenue at about $6.2M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tpi Billing Solutions, LLC worth?
- About $3.5M, roughly 4.5× its estimated EBITDA of $773K, typical for a it & software company its size. Likely range: $1.8M–$4.8M.
- How many employees does Tpi Billing Solutions, LLC have?
- About 20, as reported on its PPP loan.