W.j. Choe MD PC
How we got $2.2M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 | 13 | $2.9M |
| 2022 | Form 5500 | 9 | $2.0M |
| 2023 | Form 5500 | 11 | $2.4M |
| 2024 | Form 5500 | 9 | $2.0M |
| 2025 | Form 5500 | 9 | $2.0M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| W.J. CHOE MD PC this business | $2.8M | — |
| Choe Medical Group Del City | $1.5M | 0.0 mi |
| Cannabis Care of Oklahoma Del City | $1.5M | 0.1 mi |
| Del City Fire Department Del City | $1.5M | 0.3 mi |
| Steven R Untrauer Pc Oklahoma City | $1.5M | 0.5 mi |
| PINNACLE COUNSELING SERVICES, PLLC Oklahoma City · 1 employees | $296K | 0.6 mi |
| High Life Dispensary Del City | $1.5M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $544K |
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 | $2.2M |
| Multiple for this size and industry | 4.1× |
| Value range | $1.2M – $3.1M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $358K – $621K |
| 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
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 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 | $94K | 13 |
| 4/10/2020 | first | $21K | 1 |
| 4/10/2020 | first | $21K | 1 |
| 2/5/2021 | second | $60K | 11 |
About W.j. Choe MD PC
W.j. Choe MD PC is a doctors & clinics company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $544K of EBITDA. It has about 9 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.1M).
Common questions
- Who owns W.j. Choe MD PC?
- The owner of W.j. Choe MD PC 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 W.j. Choe MD PC make?
- SeeBITDA estimates W.j. Choe MD PC's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is W.j. Choe MD PC worth?
- About $2.2M, roughly 4.1× its estimated EBITDA of $544K, typical for a doctors & clinics company its size. Likely range: $1.2M–$3.1M.
- How many employees does W.j. Choe MD PC have?
- About 9, from its 2025 retirement-plan filing.