Workable Programs and Systems, Inc.
How we got $1.3M
Based on its 7 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 50% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 37% 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
▼ 29% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $1.6M |
| 2020 | Form 5500 | 7 | $1.6M |
| 2021 | Form 5500 | 4 | $933K |
| 2022 | Form 5500 | 6 | $1.4M |
| 2023 | Form 5500 | 10 | $2.3M |
| 2024 | Form 5500 | 4 | $933K |
| 2025 | Form 5500 | 5 | $1.2M |
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 |
|---|---|---|
| WORKABLE PROGRAMS AND SYSTEMS, INC. this business | $2.4M | — |
| I.C. INTELLIGENCE, LLC Ada · 5 employees | $1.9M | 2.6 mi |
| WAVELINK P.C., INC. Asher · 1 employees | $404K | 26.6 mi |
| KTAS INC Coalgate · 4 employees | $1.6M | 29.5 mi |
| VIRTUAL TECHNOLOGY RESOURCES LLC Shawnee · 4 employees | $1.5M | 41.2 mi |
| SINGLETRACK INTEGRATION L LC Shawnee · 2 employees | $609K | 42.2 mi |
| EDGE SYSTEMS INC Madill · 13 employees | $4.2M | 48.0 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $432K |
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 | $1.3M |
| Multiple for this size and industry | 3× |
| Value range | $683K – $1.8M |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $284K – $493K |
| Industry (NAICS) | Custom Computer Programming Services (541511) |
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
Leadership
- BJBruce JonesSigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- BankingFarmers State Bank, Allen, OklahomaPPP / 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
| Farmers State Bank, Allen, Oklahoma PPP 2020 | All 27 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $89K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Workable Programs and Systems, Inc.
Workable Programs and Systems, Inc. is an it & software company in Ada, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $432K of EBITDA. It has about 5 employees. Its estimated business value is $1.3M (likely range $683K–$1.8M).
Common questions
- Who owns Workable Programs and Systems, Inc.?
- The owner of Workable Programs and Systems, Inc. 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 Workable Programs and Systems, Inc. make?
- SeeBITDA estimates Workable Programs and Systems, Inc.'s annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Workable Programs and Systems, Inc. worth?
- About $1.3M, roughly 3× its estimated EBITDA of $432K, typical for a it & software company its size. Likely range: $683K–$1.8M.
- How many employees does Workable Programs and Systems, Inc. have?
- About 5, from its 2025 retirement-plan filing.