Tulsa Dermatology Clinic, Inc
- Mark D. Lehman, M.D.Dermatologist · Company website
- George W. Monks, M.D.Dermatologist · Company website
- Kelli A. Lovelace, M.D.Dermatologist · Company website
- Christina G. Kendrick, M.D.Dermatologist · Company website
- Ashwini K. Vaidya, M.D.Dermatologist · Company website
How we got $12.9M
Based on its 51 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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.
Employees over time
▼ 31% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 51 | $11.3M |
| 2020 | Form 5500 | 43 | $9.6M |
| 2021 | Form 5500 | 42 | $9.3M |
| 2022 | Form 5500 | 41 | $9.1M |
| 2023 | Form 5500 | 40 | $8.9M |
| 2024 | Form 5500 | 40 | $8.9M |
| 2025 | Form 5500 | 35 | $7.8M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Tulsa Dermatology Clinic provides medical and surgical dermatology care, along with cosmetic procedures, for patients in Oklahoma, with board-certified dermatologists treating skin, hair and nail conditions.
From the company's website. Industry: Doctors & clinics.
Customers & suppliers
Suppliers & brands
- SkinMedica · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TULSA DERMATOLOGY CLINIC, INC this business | $13.6M | — |
| Thomas Rogers Oral and Maxillofacial Surgery Tulsa | $1.5M | 0.0 mi |
| American Association of Oral and Maxillofacial Surgeons Tulsa | $1.5M | 0.0 mi |
| Joey Manduano,D.O.,F.A.C.O.S. Tulsa | $1.5M | 0.1 mi |
| Lesley V. Landis Tulsa | $1.5M | 0.1 mi |
| Hoff Stuart D Md Tulsa | $1.5M | 0.2 mi |
| Magnolia Health Tulsa | $1.5M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 51 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.5M |
| Estimate: the two combined (geometric mean) | $13.6M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $2.1M |
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 | $12.9M |
| Multiple for this size and industry | 6.1× |
| Value range | $6.8M – $17.7M |
| Revenue range | $8.9M – $15.5M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
Advisors
- BankingVast Bank, 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
| Vast Bank, National Association PPP 2020 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $556K | 51 |
2 locations
| 2121 E. 21ST ST | Tulsa | This listing |
| 1220 N Florence Ave | Claremore | 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 Tulsa Dermatology Clinic, Inc
Tulsa Dermatology Clinic, Inc is a doctors & clinics company in Tulsa, Oklahoma, in business since 2000. It is owned by Dwane Minor (Founder). Its estimated annual revenue is about $13.6M, with roughly $2.1M of EBITDA. It has about 35 employees. Its estimated business value is $12.9M (likely range $6.8M–$17.7M). It has 2 locations.
Common questions
- Who owns Tulsa Dermatology Clinic, Inc?
- Tulsa Dermatology Clinic, Inc is owned by Dwane Minor (Founder), according to public sources such as the company's website or filings.
- How much revenue does Tulsa Dermatology Clinic, Inc make?
- SeeBITDA estimates Tulsa Dermatology Clinic, Inc's annual revenue at about $13.6M (likely between $8.9M and $15.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tulsa Dermatology Clinic, Inc worth?
- About $12.9M, roughly 6.1× its estimated EBITDA of $2.1M, typical for a doctors & clinics company its size. Likely range: $6.8M–$17.7M.
- How many employees does Tulsa Dermatology Clinic, Inc have?
- About 35, from its 2025 retirement-plan filing.
- When was Tulsa Dermatology Clinic, Inc founded?
- Tulsa Dermatology Clinic, Inc has been in business since 2000.