Can Global USA, Inc
How we got $4.0M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
CANGLOBAL supplies top drive and iron roughneck parts, recertification, repair, and drilling automation equipment and services to oilfield drilling operations. It says it serves rig operators in Canada, the U.S., the Middle East, Argentina, and Australia.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Suppliers & brands
- TESCO · brand it sells or installs
Estimated value over time
▲ 9% 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 |
|---|---|---|
| CAN GLOBAL USA, INC this business | $3.7M | — |
| KNIGHT FIR SPECIALISTS, LLC Oklahoma City · 5 employees | $3.4M | 0.2 mi |
| Premium Oilfield Technologies Oklahoma City | $1.5M | 0.5 mi |
| Producers Supply Company Inc Oklahoma City | $1.5M | 0.5 mi |
| ENVIROVAC, LLC Oklahoma City · 2 employees | $974K | 0.6 mi |
| Cougar Drilling Solutions Oklahoma City | $1.5M | 1.0 mi |
| Centek Inc Oklahoma City | $1.5M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $3.7M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.1M |
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 | $4.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.1M – $5.5M |
| Revenue range | $2.4M – $4.2M |
| EBITDA range | $736K – $1.3M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
“Over the past decade, CANGLOBAL has grown into a leading oilfield services provider across Canada and a trusted partner in global drilling across four continents.”
Advisors
- BankingJPMorgan Chase Bank, 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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $91K | 10 |
| 3/10/2021 | second | $150K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Can Global USA, Inc
Can Global USA, Inc is an oil & gas company in Oklahoma City, Oklahoma, in business since 2017. Its estimated annual revenue is about $3.7M, with roughly $1.1M of EBITDA. It has about 10 employees. Its estimated business value is $4.0M (likely range $2.1M–$5.5M).
Common questions
- Who owns Can Global USA, Inc?
- The owner of Can Global USA, Inc 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 Can Global USA, Inc make?
- SeeBITDA estimates Can Global USA, Inc's annual revenue at about $3.7M (likely between $2.4M and $4.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Can Global USA, Inc worth?
- About $4.0M, roughly 3.6× its estimated EBITDA of $1.1M, typical for a oil & gas company its size. Likely range: $2.1M–$5.5M.
- How many employees does Can Global USA, Inc have?
- About 10, as reported on its PPP loan.
- When was Can Global USA, Inc founded?
- Can Global USA, Inc has been in business since 2017.