Cinnamon Resources LLC
How we got $10.6M
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CINNAMON RESOURCES LLC this business | $9.3M | — |
| VON MARTIN LLC Edmond · 1 employees | $5.1M | 0.0 mi |
| RUSSELL OIL INC. Edmond · 4 employees | $12.9M | 1.8 mi |
| WB ENERGY SERVICES LLC Edmond · 1 employees | $4.5M | 2.3 mi |
| DOCKHOUSE ENERGY LLC Edmond · 1 employees | $4.3M | 2.4 mi |
| RED HAWK RESOURCES INC Edmond · 5 employees | $15.9M | 2.4 mi |
| REDHAWK RESOURCES INC Edmond · 4 employees | $11.5M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $3.3M |
| Revenue = employees × revenue per employee | $9.3M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.3M |
| Cross-check: revenue implied by PPP payroll | $2.4M |
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 | $10.6M |
| Multiple for this size and industry | 4.7× |
| Value range | $5.0M – $15.1M |
| Revenue range | $5.5M – $11.0M |
| EBITDA range | $1.3M – $2.7M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 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 | $13K | 2 |
| 2/3/2021 | second | $13K | 2 |
About Cinnamon Resources LLC
Cinnamon Resources LLC is a crude petroleum extraction company in Edmond, Oklahoma. Its estimated annual revenue is about $9.3M, with roughly $2.3M of EBITDA. It has about 2 employees. Its estimated business value is $10.6M (likely range $5.0M–$15.1M).
Common questions
- Who owns Cinnamon Resources LLC?
- The owner of Cinnamon Resources 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 Cinnamon Resources LLC make?
- SeeBITDA estimates Cinnamon Resources LLC's annual revenue at about $9.3M (likely between $5.5M and $11.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cinnamon Resources LLC worth?
- About $10.6M, roughly 4.7× its estimated EBITDA of $2.3M, typical for a crude petroleum extraction company its size. Likely range: $5.0M–$15.1M.
- How many employees does Cinnamon Resources LLC have?
- About 2, as reported on its PPP loan.