How we got $646K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| DAVECO LLC this business | $684K | — |
| JORDAN FORMBY Oklahoma City · 1 employees | $466K | 0.3 mi |
| PACKARD PRODUCTION LLC Oklahoma City · 1 employees | $450K | 0.5 mi |
| DAVID BLAIN PINSON LLC Oklahoma City · 1 employees | $538K | 0.5 mi |
| DEEP FORK AUTOMATION LLC Oklahoma City · 2 employees | $792K | 0.7 mi |
| SWC PRODUCTION INC Nichols Hills · 4 employees | $2.2M | 0.7 mi |
| HUB OIL & GAS INC. Nichols Hills · 1 employees | $537K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $382K |
| Estimate: the two combined (geometric mean) | $684K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $269K |
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 | $646K |
| Multiple for this size and industry | 2.4× |
| Value range | $340K – $884K |
| Revenue range | $450K – $780K |
| EBITDA range | $177K – $307K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
History & advisors
Advisors
- BankingNBC OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| NBC Oklahoma PPP 2020, PPP 2021 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $10K | 2 |
| 1/19/2021 | second | $10K | 2 |
About Daveco LLC
Daveco LLC is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $684K, with roughly $269K of EBITDA. It has about 2 employees. Its estimated business value is $646K (likely range $340K–$884K).
Common questions
- Who owns Daveco LLC?
- The owner of Daveco 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 Daveco LLC make?
- SeeBITDA estimates Daveco LLC's annual revenue at about $684K (likely between $450K and $780K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Daveco LLC worth?
- About $646K, roughly 2.4× its estimated EBITDA of $269K, typical for a oil & gas company its size. Likely range: $340K–$884K.
- How many employees does Daveco LLC have?
- About 2, as reported on its PPP loan.