Black Gold Spooling & Banding LLC
How we got $439K
Based on 1 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 4% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BLACK GOLD SPOOLING & BANDING LLC this business | $557K | — |
| CALGARY ENERGY, LLC Collinsville · 16 employees | $6.9M | 9.8 mi |
| JBK WELL SERVICE LLC Barnsdall · 9 employees | $3.3M | 10.7 mi |
| SALLEE OIL CORPORATION Collinsville · 3 employees | $1.5M | 11.1 mi |
| Extract Production Services Skiatook | $1.5M | 11.2 mi |
| CALGARY ENERGY LLC Skiatook · 18 employees | $7.3M | 11.4 mi |
| DC GEOCONSULTING, LLC Bartlesville · 1 employees | $608K | 12.9 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $557K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $219K |
| Cross-check: revenue implied by PPP payroll | $1.4M |
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 | $439K |
| Multiple for this size and industry | 2× |
| Value range | $208K – $623K |
| Revenue range | $329K – $659K |
| EBITDA range | $130K – $259K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
History & advisors
Advisors
- BankingUnion State 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 Roles are as stated there and may be out of date.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
| Union State Bank PPP 2021 | All 15 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/24/2021 | first | $36K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Black Gold Spooling & Banding LLC
Black Gold Spooling & Banding LLC is an oil & gas company in Ramona, Oklahoma, in business since 2013. Its estimated annual revenue is about $557K, with roughly $219K of EBITDA. It has about 1 employees. Its estimated business value is $439K (likely range $208K–$623K).
Common questions
- Who owns Black Gold Spooling & Banding LLC?
- The owner of Black Gold Spooling & Banding 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 Black Gold Spooling & Banding LLC make?
- SeeBITDA estimates Black Gold Spooling & Banding LLC's annual revenue at about $557K (likely between $329K and $659K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Black Gold Spooling & Banding LLC worth?
- About $439K, roughly 2× its estimated EBITDA of $219K, typical for a oil & gas company its size. Likely range: $208K–$623K.
- How many employees does Black Gold Spooling & Banding LLC have?
- About 1, as reported on its PPP loan.
- When was Black Gold Spooling & Banding LLC founded?
- Black Gold Spooling & Banding LLC has been in business since 2013.