Norman Radiology Services, Inc.
How we got $2.6M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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
▼ 22% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $2.0M |
| 2020 | Form 5500 | 8 | $1.8M |
| 2021 | Form 5500 | 7 | $1.6M |
| 2022 | Form 5500 | 8 | $1.8M |
| 2023 | Form 5500 | 7 | $1.6M |
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 |
|---|---|---|
| NORMAN RADIOLOGY SERVICES, INC. this business | $3.2M | — |
| Arthur Kevin Young Eyecare Center Inc. Norman | $1.5M | 0.2 mi |
| Mr. Green Norman Norman | $1.5M | 0.3 mi |
| Chelsea Rene' Miller Norman | $1.5M | 0.6 mi |
| Stephanie Whitney Norman | $1.5M | 0.6 mi |
| Virginia Geddes Norman | $1.5M | 0.7 mi |
| Sunita Kumari Mall Norman | $1.5M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $627K |
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 | $2.6M |
| Multiple for this size and industry | 4.1× |
| Value range | $1.4M – $3.5M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $412K – $715K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 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 | $172K | 9 |
About Norman Radiology Services, Inc.
Norman Radiology Services, Inc. is a doctors & clinics company in Norman, Oklahoma. Its estimated annual revenue is about $3.2M, with roughly $627K of EBITDA. It has about 7 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.5M).
Common questions
- Who owns Norman Radiology Services, Inc.?
- The owner of Norman Radiology Services, 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 Norman Radiology Services, Inc. make?
- SeeBITDA estimates Norman Radiology Services, Inc.'s annual revenue at about $3.2M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Norman Radiology Services, Inc. worth?
- About $2.6M, roughly 4.1× its estimated EBITDA of $627K, typical for a doctors & clinics company its size. Likely range: $1.4M–$3.5M.
- How many employees does Norman Radiology Services, Inc. have?
- About 7, from its 2023 retirement-plan filing.