Frsteam of Oklahoma
How we got $1.4M
Based on its 7 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 42% 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 |
|---|---|---|
| FRSTEAM OF OKLAHOMA this business | $2.7M | — |
| Anytime Septic Owasso | $4.9M | 1.2 mi |
| T and V Backhoe and Septic Services Collinsville | $2.4M | 3.6 mi |
| J&j Pumping Service Collinsville | $2.4M | 4.5 mi |
| REMEDIATION SOLUTIONS, INC Collinsville · 3 employees | $1.4M | 5.1 mi |
| Anytime Septic Collinsville | $2.4M | 6.3 mi |
| INTEGRITY LIGHTING INC Tulsa · 10 employees | $2.4M | 7.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $429K |
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 | $1.4M |
| Multiple for this size and industry | 3.2× |
| Value range | $722K – $1.9M |
| Revenue range | $1.8M – $3.0M |
| EBITDA range | $282K – $489K |
| Industry (NAICS) | Remediation Services (562910) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingRed Crown FCUPPP / 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 Roles are as stated there and may be out of date.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
| Red Crown FCU PPP 2021 | All 73 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/26/2021 | second | $118K | 7 |
About Frsteam of Oklahoma
Frsteam of Oklahoma is a remediation services company in Owasso, Oklahoma. Its estimated annual revenue is about $2.7M, with roughly $429K of EBITDA. It has about 7 employees. Its estimated business value is $1.4M (likely range $722K–$1.9M).
Common questions
- Who owns Frsteam of Oklahoma?
- The owner of Frsteam of Oklahoma 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 Frsteam of Oklahoma make?
- SeeBITDA estimates Frsteam of Oklahoma's annual revenue at about $2.7M (likely between $1.8M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frsteam of Oklahoma worth?
- About $1.4M, roughly 3.2× its estimated EBITDA of $429K, typical for a remediation services company its size. Likely range: $722K–$1.9M.
- How many employees does Frsteam of Oklahoma have?
- About 7, as reported on its PPP loan.