Environmental Loop Service
How we got $941K
Based on its 9 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Environmental Loop Services is a locally owned and operated company in Tulsa, Oklahoma, that specializes in ground source geothermal heating and cooling systems and related piping, for commercial, residential and industrial customers.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- American Bank · named on its website
- Tulsa's Gathering Place · named on its website
- Habitat for Humanity · named on its website
- McElroy Manufacturing, Inc · named on its website
Suppliers & brands
- Aquatherm · brand it sells or installs
Estimated value over time
▲ 30% 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 |
|---|---|---|
| ENVIRONMENTAL LOOP SERVICE this business | $3.4M | — |
| K&M SHILLINGFORD INC Tulsa · 46 employees | $17.3M | 0.0 mi |
| Kms Heating & Cooling Tulsa | $1.8M | 0.0 mi |
| ENVIRONMENTAL LOOP SERVICES, INC. Tulsa · 12 employees | $4.4M | 0.1 mi |
| Chadwick Plumbing Tulsa | $1.8M | 0.3 mi |
| MID-TOWN ELECTRIC INC Tulsa · 32 employees | $11.0M | 0.5 mi |
| Quantum Electric Co. Tulsa | $1.8M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $392K |
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 | $941K |
| Multiple for this size and industry | 2.4× |
| Value range | $495K – $1.3M |
| Revenue range | $2.2M – $3.9M |
| EBITDA range | $258K – $447K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
“Locally owned and operated since 1999, ELS specializes in the ground source development of geothermal systems as renewable energy.”
Advisors
- BankingSecurity 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
| Security Bank PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/18/2021 | second | $133K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Environmental Loop Service
Environmental Loop Service is a plumbing, heating & air company in Tulsa, Oklahoma, in business since 1999. Its estimated annual revenue is about $3.4M, with roughly $392K of EBITDA. It has about 9 employees. Its estimated business value is $941K (likely range $495K–$1.3M).
Common questions
- Who owns Environmental Loop Service?
- The owner of Environmental Loop Service 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 Environmental Loop Service make?
- SeeBITDA estimates Environmental Loop Service's annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Environmental Loop Service worth?
- About $941K, roughly 2.4× its estimated EBITDA of $392K, typical for a plumbing, heating & air company its size. Likely range: $495K–$1.3M.
- How many employees does Environmental Loop Service have?
- About 9, as reported on its PPP loan.
- When was Environmental Loop Service founded?
- Environmental Loop Service has been in business since 1999.