Five Star Sands Inc.
How we got $17.3M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 91% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 34% 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.
Employees over time
▼ 95% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 21 | $9.1M |
| 2020 | Form 5500 | 11 | $4.8M |
| 2021 | Form 5500 | 7 | $3.0M |
| 2022 | Form 5500 | 4 | $1.7M |
| 2023 | Form 5500 | 1 | $433K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIVE STAR SANDS INC. this business | $13.9M | — |
| BLESSING GRAVEL LLC Tishomingo · 6 employees | $3.1M | 13.0 mi |
| PITTSBURG HOSPITALITY LP Durant · 14 employees | $4.8M | 15.6 mi |
| Durant Sands LLC Durant | $5.2M | 16.0 mi |
| MILL CREEK DOLOMITE, LLC. Mill Creek · 21 employees | $7.4M | 22.8 mi |
| Martin Marietta - Mill Creek Granite Quarry Mill Creek | $5.2M | 23.4 mi |
| Pontotoc Sand & Stone Stonewall | $5.2M | 24.0 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.4M |
| Estimate: the two combined (geometric mean) | $13.9M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $3.1M |
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 | $17.3M |
| Multiple for this size and industry | 5.5× |
| Value range | $9.1M – $23.7M |
| Revenue range | $9.1M – $15.8M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | Industrial Sand Mining (212322) |
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. 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 | $268K | 21 |
| 3/15/2021 | second | $224K | 16 |
About Five Star Sands Inc.
Five Star Sands Inc. is an industrial sand mining company in Coleman, Oklahoma. Its estimated annual revenue is about $13.9M, with roughly $3.1M of EBITDA. It has about 1 employees. Its estimated business value is $17.3M (likely range $9.1M–$23.7M).
Common questions
- Who owns Five Star Sands Inc.?
- The owner of Five Star Sands Inc. 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 Five Star Sands Inc. make?
- SeeBITDA estimates Five Star Sands Inc.'s annual revenue at about $13.9M (likely between $9.1M and $15.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Five Star Sands Inc. worth?
- About $17.3M, roughly 5.5× its estimated EBITDA of $3.1M, typical for a industrial sand mining company its size. Likely range: $9.1M–$23.7M.
- How many employees does Five Star Sands Inc. have?
- About 1, from its 2023 retirement-plan filing.