Tracy Ellis and Associates Inc.
How we got $1.0M
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 34% 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.
Employees over time
▲ 50% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 2 | $668K |
| 2022 | Form 5500 | 3 | $1.0M |
| 2023 | Form 5500 | 3 | $1.0M |
| 2024 | Form 5500 | 3 | $1.0M |
| 2025 | Form 5500 | 3 | $1.0M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| TRACY ELLIS AND ASSOCIATES INC. this business | $1.3M | — |
| Rivere Real Estate Group Bixby | $959K | 0.1 mi |
| KL HOME SALES, LLC Bixby · 1 employees | $547K | 0.2 mi |
| CMP SERVICES LLC Bixby · 1 employees | $853K | 0.3 mi |
| CHET WILSON LLC Bixby · 1 employees | $334K | 0.5 mi |
| TULSA REALTY GROUP Bixby · 1 employees | $405K | 0.6 mi |
| Casey Grippando - Local Expert Realtor Tulsa | $959K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $935K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $420K |
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 | $1.0M |
| Multiple for this size and industry | 2.4× |
| Value range | $530K – $1.4M |
| Revenue range | $865K – $1.5M |
| EBITDA range | $276K – $479K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
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
- 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 |
|---|---|---|---|
| 2/13/2021 | second | $25K | 2 |
About Tracy Ellis and Associates Inc.
Tracy Ellis and Associates Inc. is an offices of real estate agents and brokers company in Bixby, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $420K of EBITDA. It has about 3 employees. Its estimated business value is $1.0M (likely range $530K–$1.4M).
Common questions
- Who owns Tracy Ellis and Associates Inc.?
- The owner of Tracy Ellis and Associates 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 Tracy Ellis and Associates Inc. make?
- SeeBITDA estimates Tracy Ellis and Associates Inc.'s annual revenue at about $1.3M (likely between $865K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tracy Ellis and Associates Inc. worth?
- About $1.0M, roughly 2.4× its estimated EBITDA of $420K, typical for a offices of real estate agents and brokers company its size. Likely range: $530K–$1.4M.
- How many employees does Tracy Ellis and Associates Inc. have?
- About 3, from its 2025 retirement-plan filing.