SeeBITDAOklahoma

Tribal Diagnostics, LLC

Medical Laboratories
  • 3600 S. Lakeside Dr, Oklahoma City, OK
  • Since 2015
  • NAICS 621511
Federal contractor
Estimated valueMedium confidence
$7.4M
$3.9Mlikely range$10.1M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$10.5M
a year
Profit (EBITDA)
$1.6M
16% of revenue
Employees
44
reported in 2020
Leadership
Native Americans
Owner · source
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $7.4M

Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.

44 employees × $287K each$12.6M
PPP payroll ÷ payroll's usual share of revenue$6.7M
Shown toward the top of its range×1.14
Revenue$10.5M
× 16% profit margin$1.6M
× 4.5 sale multiple = value$7.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named
Federal contracts

What they do

Tribal Diagnostics is a full-service, CAP-accredited clinical laboratory that partners with all providers, with a focus on underserved communities, particularly Indian Country. Labcorp has acquired the company.

Products & services
laboratory testingEMR interface capabilities
Markets served
healthcare providersTribal (I/T/U) facilitiesunderserved communitiesNative American populationspatients
Service area
nationwideacross many states
Certifications
CAP-accredited

From the company's website. Industry: Medical Laboratories.

Customers & suppliers

Customers

  • Indian Health Service · federal contracts $88K

Suppliers & brands

  • Labcorp · brand it sells or installs

Estimated value over time

▲ 25% since 2020
$0$15.9M$31.8M2020202120222023202420252026

Today'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

▲ 277% since 2020
010020020202021202220232024202544166
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan44$7.9M$1.2M
2020Form 550058$10.4M$1.6M
2021Form 550067$12.1M$1.9M
2022Form 550081$14.6M$2.3M
2023Form 5500111$20.0M$3.1M
2024Form 5500141$25.4M$4.0M
2025Form 5500166$29.9M$4.7M

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

BusinessEst. revenueEst. profitDistance
TRIBAL DIAGNOSTICS, LLC
this business
$10.5M$1.6M—
Precision Medical Imaging
Oklahoma City
$1.7M$366K0.3 mi
ARCpoint Labs
Oklahoma City
$1.7M$366K1.0 mi
ANVIL RESOURCES CORPORATION
Oklahoma City · 2 employees
$957K$206K1.0 mi
Bell Bruce G MD
Oklahoma City
$1.7M$366K2.1 mi
Concentra Medical Center: Le Crone Buddy MD
Oklahoma City
$1.7M$366K2.8 mi
CRG Laboratories
Oklahoma City
$1.7M$366K2.8 mi

The full calculation

Employees reported to the SBA44
Revenue from headcount (employees × revenue per employee for companies this size)$12.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$6.7M
Estimate: the two combined (geometric mean)$10.5M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$1.6M

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$7.4M
Multiple for this size and industry4.5×
Value range$3.9M – $10.1M
Revenue range$6.9M – $11.9M
EBITDA range$1.1M – $1.9M
Industry (NAICS)Medical Laboratories (621511)

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

History & advisors

Founded 2015 by Cory Littlepage
“Cory Littlepage, an enrolled member of Chickasaw Nation, founded Tribal Diagnostics in October 2015.”

Advisors

  • BankingAmerican Bank of CommercePPP / 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 of Commerce
PPP 2020
All 3 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$230K$232K44American Bank of Commerce

Public records

LinkedIn company page
Size as the company lists it
Employees—
Federal contracts
Native American-owned · Minority-owned · Native American-owned
Total, recent years$293K
FY2025$-20K
FY2024$-185K
FY2022$293K

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Tribal Diagnostics, LLC

Tribal Diagnostics, LLC is a medical laboratories company in Oklahoma City, Oklahoma, in business since 2015. It is owned by Native Americans. Its estimated annual revenue is about $10.5M, with roughly $1.6M of EBITDA. It has about 166 employees. Its estimated business value is $7.4M (likely range $3.9M–$10.1M).

Common questions

Who owns Tribal Diagnostics, LLC?
Tribal Diagnostics, LLC is owned by Native Americans, according to public sources such as the company's website or filings.
How much revenue does Tribal Diagnostics, LLC make?
SeeBITDA estimates Tribal Diagnostics, LLC's annual revenue at about $10.5M (likely between $6.9M and $11.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Tribal Diagnostics, LLC worth?
About $7.4M, roughly 4.5× its estimated EBITDA of $1.6M, typical for a medical laboratories company its size. Likely range: $3.9M–$10.1M.
How many employees does Tribal Diagnostics, LLC have?
About 166, from its 2025 retirement-plan filing.
When was Tribal Diagnostics, LLC founded?
Tribal Diagnostics, LLC has been in business since 2015.