Apex Medical, LLC
- Susan TuckerSigns company filings · Form 5500 (2024)
How we got $2.8M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 40% 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
▲ 118% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $11.4M |
| 2020 | Form 5500 | 19 | $19.6M |
| 2021 | Form 5500 | 18 | $18.6M |
| 2022 | Form 5500 | 19 | $19.6M |
| 2023 | Form 5500 | 20 | $20.7M |
| 2024 | Form 5500 | 21 | $21.7M |
| 2025 | Form 5500 | 24 | $24.8M |
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 |
|---|---|---|
| APEX MEDICAL, LLC this business | $10.7M | — |
| PERFECT BALANCE LLC Tulsa · 2 employees | $914K | 2.1 mi |
| LAB SERVICES LLC Tulsa · 5 employees | $3.6M | 2.5 mi |
| NATIONAL HEALTHCARE PARTNERS, LLC Tulsa · 20 employees | $15.2M | 2.5 mi |
| SPECIALTY COMPOUNDING MANAGEMENT LLC Tulsa · 5 employees | $4.7M | 2.5 mi |
| USA MEDICAL LLC Tulsa · 28 employees | $20.5M | 2.5 mi |
| CROWN SUPPLIES LLC Tulsa · 7 employees | $2.7M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $10.7M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $784K |
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 | $2.8M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.5M – $3.9M |
| Revenue range | $7.0M – $12.1M |
| EBITDA range | $516K – $894K |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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, PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $153K | 11 |
| 1/17/2021 | second | $153K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Apex Medical, LLC
Apex Medical, LLC is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $10.7M, with roughly $784K of EBITDA. It has about 24 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns Apex Medical, LLC?
- The owner of Apex Medical, 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 Apex Medical, LLC make?
- SeeBITDA estimates Apex Medical, LLC's annual revenue at about $10.7M (likely between $7.0M and $12.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Apex Medical, LLC worth?
- About $2.8M, roughly 3.6× its estimated EBITDA of $784K, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $1.5M–$3.9M.
- How many employees does Apex Medical, LLC have?
- About 24, from its 2025 retirement-plan filing.