Adko, Inc.
How we got $1.1M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 48 years (since 1978)
From public records and the company's website, not a statement that it's for sale.
What they do
ADKO, Inc. is a family owned and operated business in Oklahoma City that provides wholesale oilfield chemicals and private label and custom blending to the oil and gas industry.
From the company's website. Industry: All Other Miscellaneous Chemical Product and Preparation Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 13 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 13 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 5 mi · $711.4M
- T/J INSPECTION, INC. · Del City, 2 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 2 mi · $557.6M
Estimated value over time
▲ 38% 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 |
|---|---|---|
| ADKO, INC. this business | $2.6M | — |
| KAVANA ENTERPRISES, INC. Oklahoma City · 30 employees | $16.4M | 1.8 mi |
| CERALUSA, LLC Oklahoma City · 3 employees | $2.3M | 3.4 mi |
| ADVANCED CHEMICAL TECHNOLOGIES INC Oklahoma City · 5 employees | $2.4M | 8.9 mi |
| CHEMICAL PRODUCT INDUSTRIES Oklahoma City · 7 employees | $3.6M | 9.6 mi |
| CHEMICAL PRODUCTS INDUSTRIES, INC Oklahoma City · 6 employees | $3.2M | 9.6 mi |
| MIDAMERICA WATER TECHNOLOGIES, INC. Oklahoma City · 4 employees | $3.7M | 11.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $369K |
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 | $1.1M |
| Multiple for this size and industry | 3× |
| Value range | $582K – $1.5M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $243K – $421K |
| Industry (NAICS) | All Other Miscellaneous Chemical Product and Preparation Manufacturing (325998) |
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
“A family owned and operated business, Adko has been located in Oklahoma City over 35 years.”
Advisors
- BankingCross River Bank, Kabbage, 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
| Cross River Bank PPP 2020 | All 589 borrowers → |
| Kabbage, Inc. PPP 2021 | All 202 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $58K | 5 |
| 2/3/2021 | second | $49K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Adko, Inc.
Adko, Inc. is a family-owned all other miscellaneous chemical product and preparation manufacturing company in Oklahoma City, Oklahoma, in business since 1978. Its estimated annual revenue is about $2.6M, with roughly $369K of EBITDA. It has about 5 employees. Its estimated business value is $1.1M (likely range $582K–$1.5M).
Common questions
- Who owns Adko, Inc.?
- The owner of Adko, 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 Adko, Inc. make?
- SeeBITDA estimates Adko, Inc.'s annual revenue at about $2.6M (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 Adko, Inc. worth?
- About $1.1M, roughly 3× its estimated EBITDA of $369K, typical for a all other miscellaneous chemical product and preparation manufacturing company its size. Likely range: $582K–$1.5M.
- How many employees does Adko, Inc. have?
- About 5, as reported on its PPP loan.
- When was Adko, Inc. founded?
- Adko, Inc. has been in business since 1978.