Adams Tanks & Lease Services LLC
How we got $21.3M
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 30% 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 |
|---|---|---|
| ADAMS TANKS & LEASE SERVICES LLC this business | $19.9M | — |
| MCADAMS ENERGY LLC Okmulgee · 1 employees | $2.8M | 0.1 mi |
| WISE GUY RESOURCES LLC Okmulgee · 1 employees | $4.6M | 2.0 mi |
| ROSE OIL & GAS INC Henryetta · 1 employees | $4.1M | 9.2 mi |
| ASTON OIL LLC Morris · 4 employees | $18.5M | 9.7 mi |
| C - L ENERGY LLC Morris · 3 employees | $13.9M | 9.7 mi |
| ROSE ROCK RESOURCES INC. Beggs · 2 employees | $8.9M | 11.0 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $3.9M |
| Revenue = employees × revenue per employee | $19.9M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.5M |
| Cross-check: revenue implied by PPP payroll | $3.8M |
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 | $21.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $10.1M – $30.2M |
| Revenue range | $11.8M – $23.6M |
| EBITDA range | $2.7M – $5.4M |
| Industry (NAICS) | Oil and Gas Extraction (211111) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $18K | 4 |
| 1/23/2021 | second | $28K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Adams Tanks & Lease Services LLC
Adams Tanks & Lease Services LLC is an oil and gas extraction company in Okmulgee, Oklahoma, in business since 2016. Its estimated annual revenue is about $19.9M, with roughly $4.5M of EBITDA. It has about 4 employees. Its estimated business value is $21.3M (likely range $10.1M–$30.2M).
Common questions
- Who owns Adams Tanks & Lease Services LLC?
- The owner of Adams Tanks & Lease Services 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 Adams Tanks & Lease Services LLC make?
- SeeBITDA estimates Adams Tanks & Lease Services LLC's annual revenue at about $19.9M (likely between $11.8M and $23.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Adams Tanks & Lease Services LLC worth?
- About $21.3M, roughly 4.7× its estimated EBITDA of $4.5M, typical for a oil and gas extraction company its size. Likely range: $10.1M–$30.2M.
- How many employees does Adams Tanks & Lease Services LLC have?
- About 4, as reported on its PPP loan.
- When was Adams Tanks & Lease Services LLC founded?
- Adams Tanks & Lease Services LLC has been in business since 2016.