Allied Tank & Construction, LLC
How we got $29.0M
Based on 5 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
Allied Tank and Construction provides above ground liquid storage tanks and related services, emphasizing safety, quality and integrity to its customers across the US.
From the company's website. Industry: Crude Petroleum Extraction.
Estimated value over time
▲ 29% 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 |
|---|---|---|
| ALLIED TANK & CONSTRUCTION, LLC this business | $23.2M | — |
| MG ENERGY, LLC Cushing · 1 employees | $2.8M | 2.9 mi |
| THE BRADY COMPANY Cushing · 1 employees | $2.7M | 3.3 mi |
| DELONG OIL AND GAS SERVICES INC. Cushing · 1 employees | $3.3M | 4.2 mi |
| HOUGH OILFIELD SERVICES, INC Cushing | $69.6M | 4.3 mi |
| AWS SERVICES LLC Drumright · 1 employees | $3.5M | 7.2 mi |
| G&C PETROLEUM, INC. Yale · 4 employees | $10.4M | 7.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Industry revenue per employee | $3.3M |
| Revenue = employees × revenue per employee | $23.2M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.3M |
| Cross-check: revenue implied by PPP payroll | $2.3M |
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 | $29.0M |
| Multiple for this size and industry | 5.5× |
| Value range | $13.7M – $41.1M |
| Revenue range | $13.7M – $27.4M |
| EBITDA range | $3.1M – $6.2M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
People & advisors
Leadership
- SRSammy ReeceCo-Founder In Memoriam · Company website · source
- JBJohn BuxtonSupply Chain Manager · Company website · source
Advisors
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $12K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Allied Tank & Construction, LLC
Allied Tank & Construction, LLC is a crude petroleum extraction company in Cushing, Oklahoma, in business since 2020. It is owned by Jerry Spyres (President / Co-Founder). Its estimated annual revenue is about $23.2M, with roughly $5.3M of EBITDA. It has about 5 employees. Its estimated business value is $29.0M (likely range $13.7M–$41.1M).
Common questions
- Who owns Allied Tank & Construction, LLC?
- Allied Tank & Construction, LLC is owned by Jerry Spyres (President / Co-Founder), according to public sources such as the company's website or filings.
- How much revenue does Allied Tank & Construction, LLC make?
- SeeBITDA estimates Allied Tank & Construction, LLC's annual revenue at about $23.2M (likely between $13.7M and $27.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Allied Tank & Construction, LLC worth?
- About $29.0M, roughly 5.5× its estimated EBITDA of $5.3M, typical for a crude petroleum extraction company its size. Likely range: $13.7M–$41.1M.
- How many employees does Allied Tank & Construction, LLC have?
- About 5, as reported on its PPP loan.
- When was Allied Tank & Construction, LLC founded?
- Allied Tank & Construction, LLC has been in business since 2020.