George Wells & Company
How we got $1.1M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 43% 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 |
|---|---|---|
| GEORGE WELLS & COMPANY this business | $3.8M | — |
| JOHNSONS RAINMAKER IRRIGATION, INC El Reno · 3 employees | $1.7M | 2.2 mi |
| DIAMOND OIL FIELD SERVICES INC El Reno · 58 employees | $31.1M | 4.4 mi |
| OKIE EXCAVATORS El Reno · 17 employees | $4.8M | 6.4 mi |
| Weatherford International Yukon | $5.8M | 7.7 mi |
| ABLE ENVIRONMENTAL DRILLING, LLC Yukon · 17 employees | $6.8M | 8.5 mi |
| FRONTIER WELL SERVICE, INC. Yukon · 27 employees | $17.4M | 9.5 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.8M |
| Estimate: the two combined (geometric mean) | $3.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $460K |
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 | $1.1M |
| Multiple for this size and industry | 2.3× |
| Value range | $557K – $1.4M |
| Revenue range | $2.5M – $4.4M |
| EBITDA range | $302K – $524K |
| Industry (NAICS) | Power and Communication Line and Related Structures Construction (237130) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $108K | 8 |
| 2/6/2021 | second | $108K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About George Wells & Company
George Wells & Company is a power and communication line and related structures construction company in El Reno, Oklahoma, in business since 2014. Its estimated annual revenue is about $3.8M, with roughly $460K of EBITDA. It has about 9 employees. Its estimated business value is $1.1M (likely range $557K–$1.4M).
Common questions
- Who owns George Wells & Company?
- The owner of George Wells & Company 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 George Wells & Company make?
- SeeBITDA estimates George Wells & Company's annual revenue at about $3.8M (likely between $2.5M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is George Wells & Company worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $460K, typical for a power and communication line and related structures construction company its size. Likely range: $557K–$1.4M.
- How many employees does George Wells & Company have?
- About 9, as reported on its PPP loan.
- When was George Wells & Company founded?
- George Wells & Company has been in business since 2014.