Downhole Solutions
How we got $974K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% 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 |
|---|---|---|
| DOWNHOLE SOLUTIONS this business | $6.6M | — |
| TULCO OILS INC. Tulsa · 60 employees | $105.4M | 4.6 mi |
| KOONS & ASSOCIATES INC Tulsa · 8 employees | $8.5M | 7.3 mi |
| SCENTS PLUS, INC. Sapulpa · 1 employees | $1.1M | 10.2 mi |
| ROCK CHEMICAL COMPANY LLC Tulsa · 3 employees | $4.5M | 10.6 mi |
| PHOENIX ENTERPRISES INC Broken Arrow · 2 employees | $2.9M | 11.0 mi |
| CUTTER CHEMICAL, INC Bixby · 2 employees | $2.6M | 15.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.6M |
| Estimate: the two combined (geometric mean) | $6.6M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $336K |
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 | $974K |
| Multiple for this size and industry | 2.9× |
| Value range | $513K – $1.3M |
| Revenue range | $4.3M – $7.5M |
| EBITDA range | $221K – $383K |
| Industry (NAICS) | Other Chemical and Allied Products Merchant Wholesalers (424690) |
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
- BankingGulf Coast Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Gulf Coast Bank and Trust Company PPP 2021 | All 2 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/30/2021 | second | $55K | 4 |
About Downhole Solutions
Downhole Solutions is an other chemical and allied products merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.6M, with roughly $336K of EBITDA. It has about 4 employees. Its estimated business value is $974K (likely range $513K–$1.3M).
Common questions
- Who owns Downhole Solutions?
- The owner of Downhole Solutions 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 Downhole Solutions make?
- SeeBITDA estimates Downhole Solutions's annual revenue at about $6.6M (likely between $4.3M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Downhole Solutions worth?
- About $974K, roughly 2.9× its estimated EBITDA of $336K, typical for a other chemical and allied products merchant wholesalers company its size. Likely range: $513K–$1.3M.
- How many employees does Downhole Solutions have?
- About 4, as reported on its PPP loan.