H&h Petroleum, LLC
How we got $243K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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 |
|---|---|---|
| H&H PETROLEUM, LLC this business | $2.1M | — |
| LMR OIL, LLC Tulsa | $17.8M | 1.1 mi |
| TULSA ROUTE 66 MARATHON, INC. Tulsa · 1 employees | $934K | 3.7 mi |
| SVR INC Jenks · 3 employees | $3.0M | 4.7 mi |
| MANNAN, INC. Tulsa · 3 employees | $3.4M | 5.1 mi |
| PHREEDUM, INC. Tulsa · 9 employees | $7.1M | 5.2 mi |
| FRIENDLY FOOD AND GAS INC. Tulsa · 3 employees | $2.9M | 6.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $121K |
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 | $243K |
| Multiple for this size and industry | 2× |
| Value range | $128K – $332K |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $80K – $138K |
| Industry (NAICS) | Retail Trade (447110) |
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: approximate sector default. 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 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 | $8K | 2 |
About H&h Petroleum, LLC
H&h Petroleum, LLC is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.1M, with roughly $121K of EBITDA. It has about 2 employees. Its estimated business value is $243K (likely range $128K–$332K).
Common questions
- Who owns H&h Petroleum, LLC?
- The owner of H&h Petroleum, 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 H&h Petroleum, LLC make?
- SeeBITDA estimates H&h Petroleum, LLC's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H&h Petroleum, LLC worth?
- About $243K, roughly 2× its estimated EBITDA of $121K, typical for a retail trade company its size. Likely range: $128K–$332K.
- How many employees does H&h Petroleum, LLC have?
- About 2, as reported on its PPP loan.