Trapp Spinal Care PLLC
How we got $259K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
Trapp Spinal Care is an upper cervical chiropractic practice in Broken Arrow, OK, offering NUCCA spinal correction care focused on restoring the body's natural ability to heal.
From the company's website. Industry: Chiropractors & therapists.
Estimated value over time
▲ 32% 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 |
|---|---|---|
| TRAPP SPINAL CARE PLLC this business | $411K | — |
| Anderson Eye Care Broken Arrow | $1.0M | 0.2 mi |
| ANDERSON EYECARE PC Broken Arrow · 5 employees | $1.2M | 0.2 mi |
| Restorative Health and Wellness Broken Arrow | $1.0M | 0.3 mi |
| Healthy Spine & Body Broken Arrow | $1.0M | 0.3 mi |
| Innergistic Broken Arrow | $1.0M | 0.3 mi |
| The Griffin Promise Autism Clinic Broken Arrow | $1.0M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $367K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $354K |
| Estimate: the two combined (geometric mean) | $411K |
| EBITDA margin (industry, adjusted for size) | 25% |
| EBITDA = revenue × margin | $104K |
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 | $259K |
| Multiple for this size and industry | 2.5× |
| Value range | $136K – $355K |
| Revenue range | $270K – $469K |
| EBITDA range | $68K – $118K |
| Industry (NAICS) | Offices of chiropractors (621310) |
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
- BankingWeStreet FCUPPP / 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
| WeStreet FCU PPP 2021 | All 179 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/21/2021 | first | $11K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Trapp Spinal Care PLLC
Trapp Spinal Care PLLC is a chiropractors & therapists company in Broken Arrow, Oklahoma, in business since 2021. It is owned by Conrad Trapp. Its estimated annual revenue is about $411K, with roughly $104K of EBITDA. It has about 2 employees. Its estimated business value is $259K (likely range $136K–$355K).
Common questions
- Who owns Trapp Spinal Care PLLC?
- Trapp Spinal Care PLLC is owned by Conrad Trapp, according to public sources such as the company's website or filings.
- How much revenue does Trapp Spinal Care PLLC make?
- SeeBITDA estimates Trapp Spinal Care PLLC's annual revenue at about $411K (likely between $270K and $469K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Trapp Spinal Care PLLC worth?
- About $259K, roughly 2.5× its estimated EBITDA of $104K, typical for a chiropractors & therapists company its size. Likely range: $136K–$355K.
- How many employees does Trapp Spinal Care PLLC have?
- About 2, as reported on its PPP loan.
- When was Trapp Spinal Care PLLC founded?
- Trapp Spinal Care PLLC has been in business since 2021.