1 Step Equipment, LLC
How we got $3.9M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 1 STEP EQUIPMENT, LLC this business | $3.6M | — |
| JEFF WILLIAMS CONTRACT PUMPING, INC. Durant · 3 employees | $1.0M | 1.2 mi |
| BMC4 CONSULTING, LLC Durant · 2 employees | $828K | 3.3 mi |
| PHILLIP WILLIAMS Hendrix · 1 employees | $692K | 18.4 mi |
| SPARLIN HOT OIL SERVICE INC. Madill · 4 employees | $1.9M | 19.6 mi |
| JP CONSULTANTS, LLC Madill · 43 employees | $22.6M | 19.8 mi |
| WILLIAM KEMP Tishomingo · 1 employees | $480K | 20.4 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.0M – $5.3M |
| Revenue range | $2.3M – $4.1M |
| EBITDA range | $712K – $1.2M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingFirst Texoma National 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 Roles are as stated there and may be out of date.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 Texoma National Bank PPP 2020, PPP 2021 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 8/3/2020 | first | $98K | 7 |
| 1/26/2021 | second | $98K | 7 |
About 1 Step Equipment, LLC
1 Step Equipment, LLC is an oil & gas company in Durant, Oklahoma. Its estimated annual revenue is about $3.6M, with roughly $1.1M of EBITDA. It has about 7 employees. Its estimated business value is $3.9M (likely range $2.0M–$5.3M).
Common questions
- Who owns 1 Step Equipment, LLC?
- The owner of 1 Step Equipment, 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 1 Step Equipment, LLC make?
- SeeBITDA estimates 1 Step Equipment, LLC's annual revenue at about $3.6M (likely between $2.3M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 1 Step Equipment, LLC worth?
- About $3.9M, roughly 3.6× its estimated EBITDA of $1.1M, typical for a oil & gas company its size. Likely range: $2.0M–$5.3M.
- How many employees does 1 Step Equipment, LLC have?
- About 7, as reported on its PPP loan.