SeeBITDAOklahoma

Eric Schoelen LLC

Estimated valueMedium confidence
$467K
$246Klikely range$639K
About 2× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$593K
a year
EBITDA
$233K
39% of revenue
Employees
1
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $467K

Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.

1 employees × $471K each$471K
PPP payroll ÷ payroll's usual share of revenue$574K
Shown toward the top of its range×1.14
Revenue$593K
× 39% EBITDA margin$233K
× 2 sale multiple = value$467K

Own this business? Correct these figures

Estimated value over time

▲ 5% since 2020
$0$269K$537K20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
ERIC SCHOELEN LLC
this business
$593K$233K—
JLE FLOWBACK, LLC
Elk City · 1 employees
$543K$214K0.1 mi
LITTLE E SERVICES, LLC
Elk City · 1 employees
$475K$187K0.1 mi
HILLTOP DISPOSAL, LLC
Elk City · 4 employees
$2.2M$677K0.1 mi
MZM SERVICES INC.
Elk City · 1 employees
$412K$162K0.2 mi
MERZ OILFIELD SERVICES LLC
Elk City · 2 employees
$1.4M$478K0.3 mi
OUTCAST OILFIELD SERVICES LLC
Elk City · 13 employees
$4.7M$1.3M0.3 mi

Ranges & sources

Revenue range$390K – $676K
EBITDA range$154K – $266K
Industry (NAICS)Drilling Oil and Gas Wells (213111)
Value range$246K – $639K

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

  • BankingCross River 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 Roles are as stated there and may be out of date.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

Cross River Bank
PPP 2020
All 589 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/12/2020first$15K$15K1Cross River Bank

About Eric Schoelen LLC

Eric Schoelen LLC is an oil & gas company in Elk City, Oklahoma. Its estimated annual revenue is about $593K, with roughly $233K of EBITDA. It has about 1 employees. Its estimated business value is $467K (likely range $246K–$639K).

Common questions

Who owns Eric Schoelen LLC?
The owner of Eric Schoelen 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 Eric Schoelen LLC make?
SeeBITDA estimates Eric Schoelen LLC's annual revenue at about $593K (likely between $390K and $676K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Eric Schoelen LLC worth?
About $467K, roughly 2× its estimated EBITDA of $233K, typical for a oil & gas company its size. Likely range: $246K–$639K.
How many employees does Eric Schoelen LLC have?
About 1, as reported on its PPP loan.