Troutman & Troutman P.C.
How we got $2.7M
Based on its 16 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 33 years (since 1993)
- Founder still runs it after 33 years
- Family in the business (Steve Troutman, Attorney)
From public records and the company's website, not a statement that it's for sale.
What they do
Troutman & Troutman is a disability law firm in Tulsa, Oklahoma that helps Oklahomans apply for and appeal Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) benefits.
From the company's website. Industry: Law firms.
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 |
|---|---|---|
| TROUTMAN & TROUTMAN P.C. this business | $6.0M | — |
| Doyle Harris Davis & Haughey Tulsa | $942K | 0.0 mi |
| Autumn House Estate Planning by Maple Law Tulsa | $942K | 0.0 mi |
| Austin Ervin Law Pllc Tulsa | $942K | 0.1 mi |
| Henry + Dow Tulsa | $942K | 0.1 mi |
| American Guild Of Court Videographers Tulsa | $942K | 0.1 mi |
| David C. Fisher Tulsa | $1.9M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.9M |
| Estimate: the two combined (geometric mean) | $6.0M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $980K |
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 | $2.7M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.4M – $3.8M |
| Revenue range | $3.9M – $6.8M |
| EBITDA range | $645K – $1.1M |
| Industry (NAICS) | Offices of Lawyers (541110) |
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
“Troutman & Troutman is a disability law firm created by an Oklahoma family to help other Oklahoma families.”
Leadership
- STSteve TroutmanAttorney · Company website · source
- ESErin StackenwaltAttorney · Company website · source
- DRDarren RackleyAttorney · Company website · source
- RMRebecca MageeAttorney · Company website · source
- VRVictoria RackleyAttorney · Company website · source
- SHSydney HoustonAttorney · Company website · source
Advisors
- BankingFirst Oklahoma BankPPP / 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
| First Oklahoma Bank PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/11/2021 | first | $285K | 16 |
2 locations
| 1350 S Boulder Ave Ste 410 | Tulsa | This listing |
| 7702 E 91st St Ste 200 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Troutman & Troutman P.C.
Troutman & Troutman P.C. is a family-owned law firms company in Tulsa, Oklahoma, in business since 1993. It is owned by Gayle Troutman (Founder). Its estimated annual revenue is about $6.0M, with roughly $980K of EBITDA. It has about 16 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.8M). It has 2 locations.
Common questions
- Who owns Troutman & Troutman P.C.?
- Troutman & Troutman P.C. is owned by Gayle Troutman (Founder), according to public sources such as the company's website or filings.
- How much revenue does Troutman & Troutman P.C. make?
- SeeBITDA estimates Troutman & Troutman P.C.'s annual revenue at about $6.0M (likely between $3.9M and $6.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Troutman & Troutman P.C. worth?
- About $2.7M, roughly 2.8× its estimated EBITDA of $980K, typical for a law firms company its size. Likely range: $1.4M–$3.8M.
- How many employees does Troutman & Troutman P.C. have?
- About 16, as reported on its PPP loan.
- When was Troutman & Troutman P.C. founded?
- Troutman & Troutman P.C. has been in business since 1993.