Bearing Tree Land Surveying LLC
- Mike MaddenTeam Leader · Company website
- Jonathan NazariTeam Leader · Company website
How we got $3.9M
Based on its 19 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 22 years (since 2004)
- Founder still runs it after 22 years
From public records and the company's website, not a statement that it's for sale.
What they do
Bearing Tree Surveying is a small land surveying firm offering aerial mapping, 3D laser scanning, and aerial LiDAR services. It serves a range of sectors including energy, infrastructure, real estate, mining and others.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- COLLISION WORKS OF OKLAHOMA, LLC · Oklahoma City, 8 mi · $170.1M
- CAR CRAFT AUTO BODY LLC · El Reno, 26 mi · $23.6M
- Bench Mark Motors · Oklahoma City, 8 mi · $22.5M
- Mayhem ATV · Dibble, 36 mi · $22.5M
- Mustang Motorcycle & Machine · Mustang, 16 mi · $22.5M
- Continental Resources · Oklahoma City, 5 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 5 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 6 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 4 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 2 mi · $708.4M
- HS-REAL ESTATE INC · Norman, 20 mi · $311.3M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 4 mi · $133.0M
- COATES FIELD SERVICE, INC. · Oklahoma City, 2 mi · $107.8M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 5 mi · $67.1M
- QUAIL RIDGE SENIOR DEVELOPMENT, LLC · Oklahoma City, 5 mi · $61.4M
Estimated value over time
▼ 16% since 2021Today'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 |
|---|---|---|
| BEARING TREE LAND SURVEYING LLC this business | $5.0M | — |
| FILLMORE AND CHAMBERS DESIGN GROUP INC Oklahoma City · 12 employees | $3.5M | 0.3 mi |
| WILLIAM S. BOYD, INC Oklahoma City · 1 employees | $398K | 0.3 mi |
| Critical Mass Productions Oklahoma City | $2.0M | 0.4 mi |
| Olsson Associates Oklahoma City | $2.4M | 0.5 mi |
| Andrew C Thomas Architect Oklahoma City | $2.0M | 0.5 mi |
| RESERVOIR CONSULTING LLC Oklahoma City · 1 employees | $351K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $897K |
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 | $3.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.0M – $5.3M |
| Revenue range | $3.3M – $5.7M |
| EBITDA range | $590K – $1.0M |
| Industry (NAICS) | Geophysical Surveying and Mapping Services (541360) |
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
History & advisors
“Founded by Jacob Carroll in 2004, Bearing Tree is a land surveying firm specializing in aerial and mobile lidar and photogrammetry.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/29/2021 | second | $145K | 9 |
2 locations
| 7100 Broadway Ext | Oklahoma City | This listing |
| 7100 Broadway Extension | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bearing Tree Land Surveying LLC
Bearing Tree Land Surveying LLC is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 2004. It is owned by Jacob Carroll (Founder). Its estimated annual revenue is about $5.0M, with roughly $897K of EBITDA. It has about 19 employees. Its estimated business value is $3.9M (likely range $2.0M–$5.3M). It has 2 locations.
Common questions
- Who owns Bearing Tree Land Surveying LLC?
- Bearing Tree Land Surveying LLC is owned by Jacob Carroll (Founder), according to public sources such as the company's website or filings.
- How much revenue does Bearing Tree Land Surveying LLC make?
- SeeBITDA estimates Bearing Tree Land Surveying LLC's annual revenue at about $5.0M (likely between $3.3M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bearing Tree Land Surveying LLC worth?
- About $3.9M, roughly 4.3× its estimated EBITDA of $897K, typical for a engineering & architecture company its size. Likely range: $2.0M–$5.3M.
- How many employees does Bearing Tree Land Surveying LLC have?
- About 19, as reported on its PPP loan.
- When was Bearing Tree Land Surveying LLC founded?
- Bearing Tree Land Surveying LLC has been in business since 2004.