How we got $3.0M
Based on its 140 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WAN SECURITY LLC this business | $8.4M | — |
| Owl Nite Security Tulsa | $1.6M | 0.0 mi |
| LOCK-DOC, INC Tulsa · 2 employees | $584K | 0.2 mi |
| JRB SURVEILLANCE TECHNOLOGIES, LLC Tulsa · 1 employees | $315K | 0.9 mi |
| Tnt Tulsa | $1.6M | 1.0 mi |
| TULSA MALL SECURITY SERVICES LLC Tulsa · 4 employees | $438K | 1.1 mi |
| SOUTHVEST INCORPORATED Tulsa · 6 employees | $1.4M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 140 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $8.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $792K |
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 | $3.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.6M – $4.1M |
| Revenue range | $5.5M – $9.6M |
| EBITDA range | $521K – $903K |
| Industry (NAICS) | Security Guards and Patrol Services (561612) |
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
- BankingSecurity 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 Roles are as stated there and may be out of date.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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $590K | 140 |
About Wan Security LLC
Wan Security LLC is a security services company in Tulsa, Oklahoma. Its estimated annual revenue is about $8.4M, with roughly $792K of EBITDA. It has about 140 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns Wan Security LLC?
- The owner of Wan Security LLC 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 Wan Security LLC make?
- SeeBITDA estimates Wan Security LLC's annual revenue at about $8.4M (likely between $5.5M and $9.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wan Security LLC worth?
- About $3.0M, roughly 3.8× its estimated EBITDA of $792K, typical for a security services company its size. Likely range: $1.6M–$4.1M.
- How many employees does Wan Security LLC have?
- About 140, as reported on its PPP loan.