Green's Propane LLC
How we got $3.1M
Based on 5 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Green's Propane provides industrial and commercial propane products and services for businesses in the Oklahoma City and Tulsa metro areas.
From the company's website. Industry: Natural Gas Distribution.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 69 mi · $129.5M
- WINTER LIVESTOCK, INC · Enid, 69 mi · $60.2M
- LAZY J ARENA, LLC · Stillwater, 24 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 32 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 40 mi · $18.0M
Estimated value over time
▲ 29% 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 |
|---|---|---|
| GREEN'S PROPANE LLC this business | $6.9M | — |
| CROSSBOW PRODUCTION COMPANY, L.L.C. Edmond | $5.3M | 25.3 mi |
| SPARTAN ENERGY SERVICES, LLC Oklahoma City | $20.6M | 28.4 mi |
| CLEARWATER ENTERPRISES, L.L.C. Oklahoma City · 22 employees | $73.2M | 28.6 mi |
| WARD PETROLEUM CORPORATION Oklahoma City · 18 employees | $27.1M | 29.1 mi |
| FLYWHEEL ENERGY MANAGEMENT, LLC Oklahoma | $895.2M | 29.4 mi |
| UNITED PETROLEUM TRANSPORTS, INC. Oklahoma City · 417 employees | $1.26B | 29.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Industry revenue per employee | $1.3M |
| Revenue = employees × revenue per employee | $6.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $821K |
| Cross-check: revenue implied by PPP payroll | $1.7M |
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 | $3.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.5M – $4.4M |
| Revenue range | $4.1M – $8.1M |
| EBITDA range | $486K – $972K |
| Industry (NAICS) | Natural Gas Distribution (221210) |
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
History & advisors
Advisors
- BankingFirst Bank and Trust CoPPP / 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 Bank and Trust Co PPP 2020 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $25K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Green's Propane LLC
Green's Propane LLC is a natural gas distribution company in Wellston, Oklahoma, in business since 2002. Its estimated annual revenue is about $6.9M, with roughly $821K of EBITDA. It has about 5 employees. Its estimated business value is $3.1M (likely range $1.5M–$4.4M).
Common questions
- Who owns Green's Propane LLC?
- The owner of Green's Propane 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 Green's Propane LLC make?
- SeeBITDA estimates Green's Propane LLC's annual revenue at about $6.9M (likely between $4.1M and $8.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Green's Propane LLC worth?
- About $3.1M, roughly 3.8× its estimated EBITDA of $821K, typical for a natural gas distribution company its size. Likely range: $1.5M–$4.4M.
- How many employees does Green's Propane LLC have?
- About 5, as reported on its PPP loan.
- When was Green's Propane LLC founded?
- Green's Propane LLC has been in business since 2002.