Witness Security LLC
How we got $573K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 47% 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 |
|---|---|---|
| WITNESS SECURITY LLC this business | $2.0M | — |
| MONITORING AMERICA ALARM CO-OP Tulsa · 20 employees | $6.0M | 0.6 mi |
| TULSA LOCK & KEY INC. Tulsa · 4 employees | $1.1M | 1.1 mi |
| Signal 88 Security of Tulsa Tulsa | $1.4M | 1.2 mi |
| Conway Security Services Llc Tulsa | $1.4M | 1.3 mi |
| Saber Protective Services Tulsa | $1.4M | 1.6 mi |
| Harvest Security Solutions Tulsa | $1.4M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 8 |
| 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) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $229K |
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 | $573K |
| Multiple for this size and industry | 2.5× |
| Value range | $302K – $785K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $151K – $262K |
| Industry (NAICS) | Security Systems Services (except Locksmiths) (561621) |
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
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 Roles are as stated there and may be out of date.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 | $43K | 8 |
2 locations
| 3132 S 108TH EAST AVE | Tulsa | This listing |
| 13111 E 21st St | Tulsa | View |
Revenue, profit and value are for the whole company.
About Witness Security LLC
Witness Security LLC is a security services company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $229K of EBITDA. It has about 8 employees. Its estimated business value is $573K (likely range $302K–$785K). It has 2 locations.
Common questions
- Who owns Witness Security LLC?
- The owner of Witness 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 Witness Security LLC make?
- SeeBITDA estimates Witness Security LLC's annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Witness Security LLC worth?
- About $573K, roughly 2.5× its estimated EBITDA of $229K, typical for a security services company its size. Likely range: $302K–$785K.
- How many employees does Witness Security LLC have?
- About 8, as reported on its PPP loan.