Clayton Propane LLC
How we got $19.6M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 31% 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 |
|---|---|---|
| CLAYTON PROPANE LLC this business | $102.9M | — |
| ELMER SMITH OIL COMPANY Clinton · 46 employees | $798.5M | 45.7 mi |
| STEVENS PROPANE COMPANY Arnett · 2 employees | $24.7M | 47.4 mi |
| BECK AND ROOT PROPANE COMPANY Canute · 13 employees | $153.9M | 54.3 mi |
| J & J SALES COMPANY INC Elk City · 1 employees | $14.5M | 58.3 mi |
| FOUR-S, INC Buffalo · 3 employees | $37.5M | 59.8 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $119.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $68.3M |
| Estimate: the two combined (geometric mean) | $102.9M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $3.8M |
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 | $19.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $10.3M – $26.9M |
| Revenue range | $67.7M – $117.3M |
| EBITDA range | $2.5M – $4.3M |
| Industry (NAICS) | Petroleum Bulk Stations and Terminals (424710) |
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
- BankingThe Seiling 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 Roles are as stated there and may be out of date.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 Seiling State Bank PPP 2020, PPP 2021 | All 48 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 | $107K | 10 |
| 1/31/2021 | second | $107K | 12 |
2 locations
| 510 N Main PO Box 775 | Seiling | This listing |
| 22662 U S 270 | Woodward | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Clayton Propane LLC
Clayton Propane LLC is a petroleum bulk stations and terminals company in Seiling, Oklahoma, in business since 2010. Its estimated annual revenue is about $102.9M, with roughly $3.8M of EBITDA. It has about 12 employees. Its estimated business value is $19.6M (likely range $10.3M–$26.9M). It has 2 locations.
Common questions
- Who owns Clayton Propane LLC?
- The owner of Clayton Propane 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 Clayton Propane LLC make?
- SeeBITDA estimates Clayton Propane LLC's annual revenue at about $102.9M (likely between $67.7M and $117.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Clayton Propane LLC worth?
- About $19.6M, roughly 5.2× its estimated EBITDA of $3.8M, typical for a petroleum bulk stations and terminals company its size. Likely range: $10.3M–$26.9M.
- How many employees does Clayton Propane LLC have?
- About 12, as reported on its PPP loan.
- When was Clayton Propane LLC founded?
- Clayton Propane LLC has been in business since 2010.