Afe Company
How we got $2.7M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 34% 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 |
|---|---|---|
| AFE COMPANY this business | $2.3M | — |
| WATKINS SAND CO INC Bixby · 9 employees | $5.2M | 0.0 mi |
| ANCHOR STONE COMPANY Tulsa | $37.2M | 10.6 mi |
| LAMPROE CONSTRUCTION INC Sapulpa · 11 employees | $4.9M | 16.4 mi |
| MOUNTAIN CREEK PRODUCTS, LLC Bristow · 5 employees | $3.1M | 30.3 mi |
| YOUNGMAN ROCK INC Muskogee · 10 employees | $4.8M | 32.1 mi |
| CANDY CREEK CRUSHER, LLC Avant · 6 employees | $2.4M | 38.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $710K |
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 | $2.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.4M – $3.7M |
| Revenue range | $1.5M – $2.7M |
| EBITDA range | $467K – $810K |
| Industry (NAICS) | Industrial Sand Mining (212322) |
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. 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
- 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 Roles are as stated there and may be out of date.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 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/4/2020 | first | $42K | 2 |
About Afe Company
Afe Company is an industrial sand mining company in Bixby, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $710K of EBITDA. It has about 2 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Afe Company?
- The owner of Afe Company 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 Afe Company make?
- SeeBITDA estimates Afe Company's annual revenue at about $2.3M (likely between $1.5M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Afe Company worth?
- About $2.7M, roughly 3.8× its estimated EBITDA of $710K, typical for a industrial sand mining company its size. Likely range: $1.4M–$3.7M.
- How many employees does Afe Company have?
- About 2, as reported on its PPP loan.