Boomer Environmental LLC
How we got $16.0M
Based on its 60 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Boomer Environmental is an industrial and environmental services company in Oklahoma offering cleaning, vacuum, wastewater, waste disposal and emergency response services to industrial and commercial clients. It was established in 2002 as an emergency response company.
From the company's website. Industry: Remediation Services.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LSB INDUSTRIES, INC · Oklahoma City, 10 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 14 mi · $339.5M
- SOUTHWESTERN WIRE INC · Norman, 17 mi · $312.3M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 18 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 13 mi · $231.9M
- HOBBY LOBBY STORES INC · Oklahoma City, 11 mi · $206.0M
- D & M CARRIERS LLC · Oklahoma City, 11 mi · $115.3M
- MILLER TRUCK LINES LLC · Stroud, 50 mi · $106.6M
- A-1 FREEMAN MOVING AND STORAGE · Okc, 11 mi · $89.3M
- WESTERN FLYER EXPRESS, LLC · Oklahoma City, 11 mi · $89.1M
- GULFPORT ENERGY CORPORATION · Oklahoma City, 13 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 14 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 6 mi · $711.4M
- T/J INSPECTION, INC. · Del City, 1 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 3 mi · $557.6M
Estimated value over time
▲ 49% 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
▼ 55% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 60 | $12.4M |
| 2020 | Form 5500 | 27 | $5.6M |
| 2021 | Form 5500 | 27 | $5.6M |
| 2022 | Form 5500 | 27 | $5.6M |
| 2023 | Form 5500 | 27 | $5.6M |
| 2024 | Form 5500 | 27 | $5.6M |
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 |
|---|---|---|
| BOOMER ENVIRONMENTAL LLC this business | $23.0M | — |
| LA-KCHAO, L.L.C. Oklahoma City · 4 employees | $1.3M | 3.4 mi |
| VET'S SEPTIC SERVICE, INC. Oklahoma City · 11 employees | $3.0M | 4.0 mi |
| VETS SEPTIC SERVICE INC Oklahoma City · 11 employees | $3.0M | 4.0 mi |
| NOVA STAR RECYCLING LLC Oklahoma City · 9 employees | $5.9M | 4.9 mi |
| SOONER ROLL-OFF INC Oklahoma City · 23 employees | $5.6M | 5.8 mi |
| D WATTS & SONS LLC Oklahoma City · 10 employees | $2.8M | 6.0 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.7M |
| Estimate: the two combined (geometric mean) | $23.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $2.8M |
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 | $16.0M |
| Multiple for this size and industry | 5.8× |
| Value range | $8.4M – $21.9M |
| Revenue range | $15.1M – $26.2M |
| EBITDA range | $1.8M – $3.2M |
| Industry (NAICS) | Remediation Services (562910) |
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
“Established in 2002, Boomer Environmental was started as an Emergency Response Company.”
Leadership
- TCTommy CrenshawCEO · Company website · source
- JLJosh LohmanCFO · Company website · source
- MKMatt KepicChief of Staff · Company website · source
- CEChris EvanceGeneral Manager · Company website · source
- ESEric StandridgeGeneral Manager, Oklahoma · Company website · source
- RDRyan DolfDirector of Sales · Company website · source
- JMJason MartinSigned for the company · 2023 retirement-plan filing (Form 5500)
Advisors
- BankingSovereign 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
| Sovereign Bank PPP 2020, PPP 2021 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $942K | 60 |
| 2/7/2021 | second | $854K | 60 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Boomer Environmental LLC
Boomer Environmental LLC is a remediation services company in Oklahoma City, Oklahoma, in business since 2002. It is owned by Jordan Powell (President). Its estimated annual revenue is about $23.0M, with roughly $2.8M of EBITDA. It has about 27 employees. Its estimated business value is $16.0M (likely range $8.4M–$21.9M).
Common questions
- Who owns Boomer Environmental LLC?
- Boomer Environmental LLC is owned by Jordan Powell (President), according to public sources such as the company's website or filings.
- How much revenue does Boomer Environmental LLC make?
- SeeBITDA estimates Boomer Environmental LLC's annual revenue at about $23.0M (likely between $15.1M and $26.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Boomer Environmental LLC worth?
- About $16.0M, roughly 5.8× its estimated EBITDA of $2.8M, typical for a remediation services company its size. Likely range: $8.4M–$21.9M.
- How many employees does Boomer Environmental LLC have?
- About 27, from its 2024 retirement-plan filing.
- When was Boomer Environmental LLC founded?
- Boomer Environmental LLC has been in business since 2002.