Velie Law Firm, PLLC
How we got $984K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 26% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| VELIE LAW FIRM, PLLC this business | $2.4M | — |
| Joe Farnan Norman | $942K | 0.0 mi |
| Law Offices Of David J Batton Norman | $942K | 0.0 mi |
| HICKMAN LAW GROUP PLLC Norman · 2 employees | $883K | 0.1 mi |
| La Reau and Associates Norman | $942K | 0.1 mi |
| Aldridge Teasdale Pllc Norman | $942K | 0.1 mi |
| JIM LOFTIS PLLC Norman · 1 employees | $248K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $428K |
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 | $984K |
| Multiple for this size and industry | 2.3× |
| Value range | $518K – $1.3M |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $281K – $488K |
| 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
Advisors
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $72K | 9 |
| 3/17/2021 | second | $78K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Velie Law Firm, PLLC
Velie Law Firm, PLLC is a law firms company in Norman, Oklahoma, in business since 2003. Its estimated annual revenue is about $2.4M, with roughly $428K of EBITDA. It has about 10 employees. Its estimated business value is $984K (likely range $518K–$1.3M).
Common questions
- Who owns Velie Law Firm, PLLC?
- The owner of Velie Law Firm, PLLC 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 Velie Law Firm, PLLC make?
- SeeBITDA estimates Velie Law Firm, PLLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Velie Law Firm, PLLC worth?
- About $984K, roughly 2.3× its estimated EBITDA of $428K, typical for a law firms company its size. Likely range: $518K–$1.3M.
- How many employees does Velie Law Firm, PLLC have?
- About 10, as reported on its PPP loan.
- When was Velie Law Firm, PLLC founded?
- Velie Law Firm, PLLC has been in business since 2003.