Coil Chem LLC
How we got $18.8M
Based on its 27 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 4% since 2021Today'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 |
|---|---|---|
| COIL CHEM LLC this business | $18.8M | — |
| W74 Oil Tools - OKC Warehouse Oklahoma City | $1.5M | 0.7 mi |
| H-K TUBULAR SALES COMPANY Oklahoma City · 8 employees | $3.5M | 1.3 mi |
| Maverick Rental Tools Oklahoma City | $1.5M | 1.4 mi |
| J-W Wireline Co. Oklahoma City | $1.5M | 1.5 mi |
| PLOW TECHNOLOGIES LLC Oklahoma City · 37 employees | $20.9M | 1.5 mi |
| WES Supply LLC Oklahoma City | $1.5M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.6M |
| Estimate: the two combined (geometric mean) | $18.8M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.3M |
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 | $18.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $9.9M – $25.7M |
| Revenue range | $12.4M – $21.4M |
| EBITDA range | $2.8M – $4.9M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- 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 Roles are as stated there and may be out of date.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 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 |
|---|---|---|---|
| 3/1/2021 | second | $640K | 27 |
About Coil Chem LLC
Coil Chem LLC is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $18.8M, with roughly $4.3M of EBITDA. It has about 27 employees. Its estimated business value is $18.8M (likely range $9.9M–$25.7M).
Common questions
- Who owns Coil Chem LLC?
- The owner of Coil Chem 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 Coil Chem LLC make?
- SeeBITDA estimates Coil Chem LLC's annual revenue at about $18.8M (likely between $12.4M and $21.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Coil Chem LLC worth?
- About $18.8M, roughly 4.4× its estimated EBITDA of $4.3M, typical for a oil & gas company its size. Likely range: $9.9M–$25.7M.
- How many employees does Coil Chem LLC have?
- About 27, as reported on its PPP loan.