Telos Payment Processing
115 E Gray St Suite 110, Norman, OK 73069
Norman, Oklahoma, United States
Address
City: Norman
Neighborhood: Old Silk Stocking
State: Oklahoma
Postal Code: 73069
Country: United States
Business facts
Estimated annual revenue~$175.9K
Estimated employees~3
Annual payroll (2020)~$48.0K
In business since2014
Based on reported payroll data
Contacts
Area statistics (73069)
Population27,926
Median household income$54,194
Source: US Census ACS
About
Telos Payment Processing offers electronic payment processing solutions for merchants of all sizes, with 50% of profits going to charity. Founded in 2014, Telos is committed to using everyday transactions to support nonprofits globally. Their specific services include payment processing and merchant accounts, and they aim to make a positive impact through their work.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Business to Business Service).
EstimateCategory trend: 2024, +3.8%
Revenue trend (modeled)
~$85.9K2019
~$87.8K2020
~$97.6K2021
~$127.5K2022
~$144.2K2023
~$175.9K2024
Modeled from official industry statistics+15.4%/yr since 201980% confidence band: ±42%
Company profile
Incorporated2014 (OK)
Employees (reported band)14-17
Observed
Property
Lot size6,781 sq ft
CountyCleveland
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$10.0K · 2 jobs reported · implies ~$48.0K annual payroll · $10.1K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Business to Business Service in Oklahoma | 527 | ~$1.5B | ~$2.8M | ~$839.2K | 4.9★ | 0.2× |
Category revenue trend2024: +3.8%2023: +4.6%2022: +13.1%2021: +12.8%Modeled from business-level estimates
Chain pressure4 chains expanding in this category, led by Verizon Business Services, Oklahoma Small Business Development Center, Chahtapreneur Coworking Center (Durant) (+19 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 742 | ~$917.5M | ~$1.2M | ~$444.1K | 3,287 | ~$253.9M | 0.4× |
| Professional, scientific and technical activities | 133 | ~$116.7M | ~$877.3K | — | 466 | — | — |
1 km area (all businesses): median from the 603 of 742 businesses with estimates
Estimate
Area conditions (73069)
Population27,926 ±1,627
Median household income$54,194 ±$3,586
Median home value$194,400
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS