Apex Midstream Inspection LLC
How we got $12.1M
Based on its 61 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 12% 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
▼ 66% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 61 | $10.1M |
| 2020 | Form 5500 | 90 | $15.0M |
| 2023 | Form 5500 | 22 | $3.7M |
| 2024 | Form 5500 | 19 | $3.2M |
| 2025 | Form 5500 | 21 | $3.5M |
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 |
|---|---|---|
| APEX MIDSTREAM INSPECTION LLC this business | $25.0M | — |
| Complete Weddings + Events Oklahoma City | $1.1M | 0.1 mi |
| Creative Recreational Systems, Inc Oklahoma City | $1.1M | 0.1 mi |
| Cosabella Kitchen Oklahoma City | $1.1M | 0.2 mi |
| Columbus Square Oklahoma City | $1.1M | 0.2 mi |
| Chesapeake Energy Visitor Center Oklahoma City | $1.1M | 0.3 mi |
| Broadway Executive Park Oklahoma City | $1.1M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 61 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.6M |
| Estimate: the two combined (geometric mean) | $25.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.2M |
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 | $12.1M |
| Multiple for this size and industry | 5.5× |
| Value range | $6.3M – $16.5M |
| Revenue range | $16.4M – $28.5M |
| EBITDA range | $1.4M – $2.5M |
| Industry (NAICS) | All Other Support Services (561990) |
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. 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
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $1.2M | 61 |
About Apex Midstream Inspection LLC
Apex Midstream Inspection LLC is an all other support services company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $25.0M, with roughly $2.2M of EBITDA. It has about 21 employees. Its estimated business value is $12.1M (likely range $6.3M–$16.5M).
Common questions
- Who owns Apex Midstream Inspection LLC?
- The owner of Apex Midstream Inspection 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 Apex Midstream Inspection LLC make?
- SeeBITDA estimates Apex Midstream Inspection LLC's annual revenue at about $25.0M (likely between $16.4M and $28.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Apex Midstream Inspection LLC worth?
- About $12.1M, roughly 5.5× its estimated EBITDA of $2.2M, typical for a all other support services company its size. Likely range: $6.3M–$16.5M.
- How many employees does Apex Midstream Inspection LLC have?
- About 21, from its 2025 retirement-plan filing.