Catoosa Test Facility, LLC
- Justin TannerSite Manager · Company website
How we got $4.9M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Catoosa Test Facility offers commercially available testing and research sites where technology-focused companies can run customer-directed R&D and verification of drilling, formation evaluation, geophysical, completion and other oilfield or environmental tools.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CATOOSA TEST FACILITY, LLC this business | $4.9M | — |
| PERRYMAN SERVICES COMPANY, LLC Jennings · 1 employees | $557K | 3.0 mi |
| W & W OIL COMPANY, LLC Cleveland · 3 employees | $1.6M | 5.3 mi |
| SHAMROCK OPERATING COMPANY, LLC Cleveland · 6 employees | $1.8M | 5.7 mi |
| MACKEY CONSULTING & LEASING LLC Cleveland · 2 employees | $1.1M | 5.9 mi |
| OSAGE WIRELINE INC Cleveland · 10 employees | $4.2M | 5.9 mi |
| SMITH'S PUMP & SUPPLY LLC Cleveland · 4 employees | $1.4M | 7.9 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.6M – $6.6M |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $886K – $1.5M |
| 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
“The Catoosa Geophysical and Drilling Technology Testing and Evaluation Facility (formerly the Amoco Catoosa Site and GTI Catoosa) is commercially available for customer-directed R&D and verification of tools related to drilling, formation evaluation, geophysical, completion and any other oilfield or environmental research.”
Advisors
- BankingSpiritBankPPP / 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
| SpiritBank PPP 2020, PPP 2021 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $122K | 13 |
| 1/22/2021 | second | $128K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Catoosa Test Facility, LLC
Catoosa Test Facility, LLC is an oil & gas company in Jennings, Oklahoma, in business since 2011. Its estimated annual revenue is about $4.9M, with roughly $1.3M of EBITDA. It has about 13 employees. Its estimated business value is $4.9M (likely range $2.6M–$6.6M).
Common questions
- Who owns Catoosa Test Facility, LLC?
- The owner of Catoosa Test Facility, 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 Catoosa Test Facility, LLC make?
- SeeBITDA estimates Catoosa Test Facility, LLC's annual revenue at about $4.9M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Catoosa Test Facility, LLC worth?
- About $4.9M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a oil & gas company its size. Likely range: $2.6M–$6.6M.
- How many employees does Catoosa Test Facility, LLC have?
- About 13, as reported on its PPP loan.
- When was Catoosa Test Facility, LLC founded?
- Catoosa Test Facility, LLC has been in business since 2011.