Chloeta Fire, LLC
- Sarah ShephardVice President, Human Resources · Company website, Form 5500 (2023)
- Heath TebowPresident · Company website
- Chet DodrillVice President, Contract Administration · Company website
- Bill BarnesChief Financial Officer · Company website
- Bryan MastersChief Information Officer · Company website
How we got $5.2M
Based on its 48 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 42% 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
▲ 113% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 48 | $13.1M |
| 2020 | Form 5500 | 35 | $9.6M |
| 2021 | Form 5500 | 59 | $16.1M |
| 2022 | Form 5500 | 99 | $27.0M |
| 2023 | Form 5500 | 122 | $33.3M |
| 2024 | Form 5500 | 102 | $27.8M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
- Family in the business (Bryan Masters, Chief Information Officer)
From public records and the company's website, not a statement that it's for sale.
What they do
Chloeta is a Native American owned company that provides highly specialized solutions to governmental and commercial customers, including homeland security, professional services, mission support, carrier claim prevention, and utility risk mitigation.
From the company's website. Industry: Support activities for agriculture and forestry.
Customers & suppliers
Customers
- Forest Service · federal contracts $13.8M
- Indian Health Service · federal contracts $11.3M
- Department of the Army · federal contracts $2.8M
- Department of the Air Force · federal contracts $1.6M
- Bureau of Indian Affairs and Bureau of Indian Education · federal contracts $534K
- FEMA · named on its website
- AFCEC · named on its website
- Air Force Civil Engineering Center · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHLOETA FIRE, LLC this business | $12.2M | — |
| JAVONTE GRAY Oklahoma City · 1 employees | $899K | 1.1 mi |
| Von Edlenhaus Rottweilers Oklahoma City | $728K | 2.3 mi |
| CRUTCHO CREEK FARMS LLC Midwest City · 20 employees | $7.6M | 2.9 mi |
| Green Gold Cannabis & Hemp Co. Oklahoma City | $1.4M | 3.7 mi |
| Blue Force Kennels - Shawn Mullins Oklahoma City | $1.3M | 4.1 mi |
| Marlatt Farm Oklahoma City | $1.4M | 4.1 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.6M |
| Estimate: the two combined (geometric mean) | $12.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.2M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.7M – $7.1M |
| Revenue range | $8.0M – $13.9M |
| EBITDA range | $764K – $1.3M |
| Industry (NAICS) | Support activities for agriculture and forestry (115310) |
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
- AccountingForvis Mazars LLPAudits its 401(k) plan (2024 filing)
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $403K | 48 |
| 1/22/2021 | second | $403K | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Chloeta Fire, LLC
Chloeta Fire, LLC is a support activities for agriculture and forestry company in Midwest City, Oklahoma, in business since 2011. It is owned by Mark Masters (Founder). Its estimated annual revenue is about $12.2M, with roughly $1.2M of EBITDA. It has about 102 employees. Its estimated business value is $5.2M (likely range $2.7M–$7.1M).
Common questions
- Who owns Chloeta Fire, LLC?
- Chloeta Fire, LLC is owned by Mark Masters (Founder), according to public sources such as the company's website or filings.
- How much revenue does Chloeta Fire, LLC make?
- SeeBITDA estimates Chloeta Fire, LLC's annual revenue at about $12.2M (likely between $8.0M and $13.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Chloeta Fire, LLC worth?
- About $5.2M, roughly 4.5× its estimated EBITDA of $1.2M, typical for a support activities for agriculture and forestry company its size. Likely range: $2.7M–$7.1M.
- How many employees does Chloeta Fire, LLC have?
- About 102, from its 2024 retirement-plan filing.
- When was Chloeta Fire, LLC founded?
- Chloeta Fire, LLC has been in business since 2011.