Able Environmental Drilling, LLC
How we got $2.0M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 41% 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
▼ 76% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 17 | $6.0M |
| 2021 | Form 5500 | 6 | $2.1M |
| 2022 | Form 5500 | 4 | $1.4M |
| 2023 | Form 5500 | 4 | $1.4M |
| 2024 | Form 5500 | 4 | $1.4M |
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 |
|---|---|---|
| ABLE ENVIRONMENTAL DRILLING, LLC this business | $6.8M | — |
| Weatherford International Yukon | $5.8M | 0.8 mi |
| FRONTIER WELL SERVICE, INC. Yukon · 27 employees | $17.4M | 1.9 mi |
| LANDMARK ENERGY SUPPLY INC. Yukon · 5 employees | $1.6M | 4.4 mi |
| PATHFINDER HDD, LLC Yukon · 89 employees | $28.2M | 4.9 mi |
| ORIGIN RESOURCE GROUP HOLDINGS LLC Oklahoma City · 10 employees | $3.8M | 6.5 mi |
| Phoenix Technology Services Oklahoma City | $5.8M | 6.6 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.9M |
| Estimate: the two combined (geometric mean) | $6.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $716K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.1M – $2.7M |
| Revenue range | $4.5M – $7.8M |
| EBITDA range | $471K – $816K |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingKabbage, Inc.PPP / 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
| Kabbage, Inc. PPP 2020 | All 202 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $114K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Able Environmental Drilling, LLC
Able Environmental Drilling, LLC is a water and sewer line and related structures construction company in Yukon, Oklahoma, in business since 2007. Its estimated annual revenue is about $6.8M, with roughly $716K of EBITDA. It has about 4 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.7M).
Common questions
- Who owns Able Environmental Drilling, LLC?
- The owner of Able Environmental Drilling, 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 Able Environmental Drilling, LLC make?
- SeeBITDA estimates Able Environmental Drilling, LLC's annual revenue at about $6.8M (likely between $4.5M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Able Environmental Drilling, LLC worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $716K, typical for a water and sewer line and related structures construction company its size. Likely range: $1.1M–$2.7M.
- How many employees does Able Environmental Drilling, LLC have?
- About 4, from its 2024 retirement-plan filing.
- When was Able Environmental Drilling, LLC founded?
- Able Environmental Drilling, LLC has been in business since 2007.