Eddie Johnson Wellsite Consulting
How we got $13.3M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| EDDIE JOHNSON WELLSITE CONSULTING this business | $11.6M | — |
| DAN WALLACE, LLC Seminole · 3 employees | $12.6M | 1.4 mi |
| MELVIN MORAN LLC Seminole · 1 employees | $4.5M | 1.6 mi |
| FAMILY RESOURCE CENTER Seminole · 13 employees | $60.2M | 1.7 mi |
| RKR EXPLORATION, INC Seminole · 4 employees | $11.5M | 1.9 mi |
| MORAN-K OIL, LLC Seminole · 6 employees | $22.3M | 2.0 mi |
| MCFERRAN OPERATING LLC Seminole · 2 employees | $9.3M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.7M |
| Estimate: the two combined (geometric mean) | $11.6M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.8M |
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 | $13.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $7.0M – $18.3M |
| Revenue range | $7.7M – $13.3M |
| EBITDA range | $1.9M – $3.2M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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
- BankingFirst United 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $46K | 2 |
| 2/17/2021 | second | $38K | 2 |
About Eddie Johnson Wellsite Consulting
Eddie Johnson Wellsite Consulting is a natural gas extraction company in Seminole, Oklahoma. Its estimated annual revenue is about $11.6M, with roughly $2.8M of EBITDA. It has about 2 employees. Its estimated business value is $13.3M (likely range $7.0M–$18.3M).
Common questions
- Who owns Eddie Johnson Wellsite Consulting?
- The owner of Eddie Johnson Wellsite Consulting 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 Eddie Johnson Wellsite Consulting make?
- SeeBITDA estimates Eddie Johnson Wellsite Consulting's annual revenue at about $11.6M (likely between $7.7M and $13.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eddie Johnson Wellsite Consulting worth?
- About $13.3M, roughly 4.7× its estimated EBITDA of $2.8M, typical for a natural gas extraction company its size. Likely range: $7.0M–$18.3M.
- How many employees does Eddie Johnson Wellsite Consulting have?
- About 2, as reported on its PPP loan.