William B. Federman PC
How we got $1.9M
Based on its 13 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
- Headcount down 36% since 2020 (retirement plan filings)
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.
Employees over time
▼ 46% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 13 | $3.6M |
| 2020 | Form 5500 | 11 | $3.1M |
| 2021 | Form 5500 | 6 | $1.7M |
| 2022 | Form 5500 | 5 | $1.4M |
| 2023 | Form 5500 | 7 | $1.9M |
| 2024 | Form 5500 | 7 | $1.9M |
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 |
|---|---|---|
| WILLIAM B. FEDERMAN PC this business | $4.2M | — |
| Federman & Sherwood The Village | $943K | 0.0 mi |
| DONNA J JACKSON ATTORNEY AT LAW PC Oklahoma City · 3 employees | $1.3M | 0.5 mi |
| OKC Estate Lawyer Oklahoma City | $943K | 0.5 mi |
| SCOTT HARRIS LAW, PLLC Oklahoma City · 4 employees | $1.3M | 0.5 mi |
| Greg Earles Estate Sales Llc The Village | $943K | 0.9 mi |
| Melissa Lujan Law The Village | $943K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $688K |
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 | $1.9M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $452K – $784K |
| 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
History & advisors
Advisors
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020, PPP 2021 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $173K | 10 |
| 2/9/2021 | second | $159K | 13 |
About William B. Federman PC
William B. Federman PC is a law firms company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $4.2M, with roughly $688K of EBITDA. It has about 7 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns William B. Federman PC?
- The owner of William B. Federman 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 William B. Federman PC make?
- SeeBITDA estimates William B. Federman PC's annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is William B. Federman PC worth?
- About $1.9M, roughly 2.8× its estimated EBITDA of $688K, typical for a law firms company its size. Likely range: $1.0M–$2.6M.
- How many employees does William B. Federman PC have?
- About 7, from its 2024 retirement-plan filing.