Data3 Corporation
- David HarrelsonCeo · Company website
How we got $1.1M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 7% 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.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
DATA3 Corporation is a Tulsa, OK company offering data center colocation, cloud, backup, and software development services, and says it has served Fortune 500 and other companies for 20 years.
From the company's website. Industry: IT & software.
Customers & suppliers
Customers
- AliveCity · named on its website
Suppliers & brands
- WatchGuard · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DATA3 CORPORATION this business | $2.2M | — |
| MISS GROUP, INC. Tulsa | $9.2M | 1.3 mi |
| ELYNX TEHNOLOGIES, LLC Tulsa · 47 employees | $22.6M | 2.3 mi |
| ELYNX TECHNOLOGIES LLC Tulsa · 40 employees | $20.8M | 2.3 mi |
| BRING THE RAIN SOLUTIONS, LLC Tulsa · 1 employees | $565K | 2.9 mi |
| 2B LLC Tulsa · 2 employees | $837K | 3.7 mi |
| VENTIN, LLC Jenks · 1 employees | $458K | 3.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| 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) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $305K |
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 | $1.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $578K – $1.5M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $201K – $348K |
| Industry (NAICS) | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210) |
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
“In 2001 David took his entrepreneurial leanings to a new level by co founding DATA3 Corporation.”
Advisors
- BankingFirst Oklahoma 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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $97K | 5 |
| 2/2/2021 | second | $97K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Data3 Corporation
Data3 Corporation is an it & software company in Tulsa, Oklahoma, in business since 2001. It is owned by Yasser Khan (President). Its estimated annual revenue is about $2.2M, with roughly $305K of EBITDA. It has about 5 employees. Its estimated business value is $1.1M (likely range $578K–$1.5M).
Common questions
- Who owns Data3 Corporation?
- Data3 Corporation is owned by Yasser Khan (President), according to public sources such as the company's website or filings.
- How much revenue does Data3 Corporation make?
- SeeBITDA estimates Data3 Corporation's annual revenue at about $2.2M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Data3 Corporation worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $305K, typical for a it & software company its size. Likely range: $578K–$1.5M.
- How many employees does Data3 Corporation have?
- About 5, as reported on its PPP loan.
- When was Data3 Corporation founded?
- Data3 Corporation has been in business since 2001.