Westerman Financial Services, LLC
How we got $1.6M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▲ 133% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $1.6M |
| 2025 | Form 5500 | 7 | $3.8M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WESTERMAN FINANCIAL SERVICES, LLC this business | $1.5M | — |
| BRYCE HOOD FINANCIAL LLC Sperry · 2 employees | $1.5M | 4.1 mi |
| GRQ INVESTMENTS LLC Owasso · 2 employees | $1.5M | 5.4 mi |
| GRQ INVESTMERNTS, LLC Owasso · 2 employees | $1.5M | 5.4 mi |
| S.R. BROWN, LLC Collinsville · 4 employees | $1.2M | 5.9 mi |
| ROBERT WEST Tulsa · 1 employees | $495K | 7.9 mi |
| EASTSIDE FINANCIAL SERVICES LLC Tulsa · 6 employees | $3.9M | 10.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $853K |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $578K |
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 | $1.6M |
| Multiple for this size and industry | 2.8× |
| Value range | $852K – $2.2M |
| Revenue range | $971K – $1.7M |
| EBITDA range | $380K – $659K |
| Industry (NAICS) | Miscellaneous Financial Investment Activities (523999) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 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 | $26K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Westerman Financial Services, LLC
Westerman Financial Services, LLC is a financial advisors company in Owasso, Oklahoma, in business since 2014. Its estimated annual revenue is about $1.5M, with roughly $578K of EBITDA. It has about 7 employees. Its estimated business value is $1.6M (likely range $852K–$2.2M).
Common questions
- Who owns Westerman Financial Services, LLC?
- The owner of Westerman Financial Services, 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 Westerman Financial Services, LLC make?
- SeeBITDA estimates Westerman Financial Services, LLC's annual revenue at about $1.5M (likely between $971K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Westerman Financial Services, LLC worth?
- About $1.6M, roughly 2.8× its estimated EBITDA of $578K, typical for a financial advisors company its size. Likely range: $852K–$2.2M.
- How many employees does Westerman Financial Services, LLC have?
- About 7, from its 2025 retirement-plan filing.
- When was Westerman Financial Services, LLC founded?
- Westerman Financial Services, LLC has been in business since 2014.