Phillips Funeral Service, Inc.
How we got $1.1M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 65% 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 |
|---|---|---|
| PHILLIPS FUNERAL SERVICE, INC. this business | $2.3M | — |
| Hudson Phillips Funeral Home Holdenville | $1.4M | 2.8 mi |
| FISHER FUNERAL HOME OF HOLDENVILLE OK INC Holdenville · 2 employees | $555K | 3.3 mi |
| Bethel Monument Company Seminole | $1.4M | 9.1 mi |
| Phillips Funeral Service Wewoka | $1.4M | 9.5 mi |
| Myers Mortuary Wewoka | $1.4M | 9.7 mi |
| BUCKLEY-WILLIAMSON FUNERAL HOME INC. Wetumka · 5 employees | $665K | 12.3 mi |
The full calculation
| Employees reported to the SBA | 13 |
| 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) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $408K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 33% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 2.6× |
| Value range | $637K – $1.7M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $306K – $531K |
| Industry (NAICS) | Funeral Homes and Funeral Services (812210) |
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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 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 | $85K | 13 |
About Phillips Funeral Service, Inc.
Phillips Funeral Service, Inc. is a funeral homes company in Holdenville, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $408K of EBITDA. It has about 13 employees. Its estimated business value is $1.1M (likely range $637K–$1.7M).
Common questions
- Who owns Phillips Funeral Service, Inc.?
- The owner of Phillips Funeral Service, 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 Phillips Funeral Service, Inc. make?
- SeeBITDA estimates Phillips Funeral Service, Inc.'s annual revenue at about $2.3M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Phillips Funeral Service, Inc. worth?
- About $1.1M, roughly 2.6× its estimated EBITDA of $408K, typical for a funeral homes company its size. Likely range: $637K–$1.7M.
- How many employees does Phillips Funeral Service, Inc. have?
- About 13, as reported on its PPP loan.