Choctaw Gas Company
How we got $2.3M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHOCTAW GAS COMPANY this business | $5.1M | — |
| BEAR TRANSPORTS, LLC Kinta · 4 employees | $6.5M | 10.6 mi |
| RED STICK GATHERING, LLC Eufaula · 1 employees | $1.7M | 16.4 mi |
| TAG TEAM RESOURCES, LLC Eufaula · 6 employees | $5.1M | 16.4 mi |
| DON MITCHELL TRUCKING INC Mcalester · 3 employees | $6.6M | 26.5 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $5.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $614K |
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 | $2.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.2M |
| Revenue range | $3.4M – $5.9M |
| EBITDA range | $404K – $700K |
| Industry (NAICS) | Natural Gas Distribution (221210) |
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
- BankingThe Farmers 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 Roles are as stated there and may be out of date.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
| The Farmers State Bank PPP 2020, PPP 2021 | All 85 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 | $52K | 5 |
| 1/26/2021 | second | $52K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Choctaw Gas Company
Choctaw Gas Company is a natural gas distribution company in Quinton, Oklahoma. It is owned by Jeff Miller (Contact). Its estimated annual revenue is about $5.1M, with roughly $614K of EBITDA. It has about 5 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Choctaw Gas Company?
- Choctaw Gas Company is owned by Jeff Miller (Contact), according to public sources such as the company's website or filings.
- How much revenue does Choctaw Gas Company make?
- SeeBITDA estimates Choctaw Gas Company's annual revenue at about $5.1M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Choctaw Gas Company worth?
- About $2.3M, roughly 3.8× its estimated EBITDA of $614K, typical for a natural gas distribution company its size. Likely range: $1.2M–$3.2M.
- How many employees does Choctaw Gas Company have?
- About 5, as reported on its PPP loan.