Classic Oilfield Services, LLC
How we got $220K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 43% 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 |
|---|---|---|
| CLASSIC OILFIELD SERVICES, LLC this business | $456K | — |
| INNOVATIVE PEST MANAGEMENT, INC Piedmont · 5 employees | $1.2M | 1.1 mi |
| The Hidden Gem Stables Piedmont | $728K | 1.8 mi |
| TEAM OKLAHOMA BASKETBALL ACADEMY LLC Piedmont · 8 employees | $1.3M | 2.5 mi |
| TEAM OKLAHOMA BASKETBALL ENTERPRISES LLC Piedmont · 21 employees | $3.0M | 2.5 mi |
| Diamond H Ranch Piedmont | $728K | 2.5 mi |
| CHIROPRACTIC CENTER OF OK, INC Piedmont · 2 employees | $554K | 2.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $244K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $654K |
| Estimate: the two combined (geometric mean) | $456K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $105K |
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 | $220K |
| Multiple for this size and industry | 2.1× |
| Value range | $116K – $301K |
| Revenue range | $300K – $520K |
| EBITDA range | $69K – $120K |
| Industry (NAICS) | All Other Personal Services (812990) |
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. 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
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020, PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2020 | first | $17K | 1 |
| 4/15/2021 | second | $17K | 1 |
About Classic Oilfield Services, LLC
Classic Oilfield Services, LLC is an all other personal services company in Piedmont, Oklahoma. Its estimated annual revenue is about $456K, with roughly $105K of EBITDA. It has about 1 employees. Its estimated business value is $220K (likely range $116K–$301K).
Common questions
- Who owns Classic Oilfield Services, LLC?
- The owner of Classic Oilfield Services, 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 Classic Oilfield Services, LLC make?
- SeeBITDA estimates Classic Oilfield Services, LLC's annual revenue at about $456K (likely between $300K and $520K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Classic Oilfield Services, LLC worth?
- About $220K, roughly 2.1× its estimated EBITDA of $105K, typical for a all other personal services company its size. Likely range: $116K–$301K.
- How many employees does Classic Oilfield Services, LLC have?
- About 1, as reported on its PPP loan.