H & J Services Inc
How we got $17.1M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
H & J Services Inc is a family-owned crane, forklift and pumping unit repair business in Enid, Oklahoma, offering crane and construction services for residential and commercial projects throughout Oklahoma.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Suppliers & brands
- Grove · brand it sells or installs
- National · brand it sells or installs
- Caterpillar · brand it sells or installs
Estimated value over time
▲ 9% 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 & J SERVICES INC this business | $14.0M | — |
| JERRY DUNKIN WELL SERVICES INC Enid · 19 employees | $7.6M | 1.0 mi |
| LB LAYDOWN SERVICE LLC Enid · 8 employees | $3.5M | 1.0 mi |
| R & L HYDROSTATIC TUBING TESTING LLC Enid · 7 employees | $2.3M | 1.1 mi |
| OILFIELD DISTRIBUTION SPECIALISTS LLC Enid · 1 employees | $712K | 1.2 mi |
| BUY RITE SERVICES, LLC Enid · 13 employees | $8.2M | 1.3 mi |
| Washita Valley Enterprise Enid | $1.5M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.4M |
| Estimate: the two combined (geometric mean) | $14.0M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $3.9M |
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 | $17.1M |
| Multiple for this size and industry | 4.4× |
| Value range | $9.0M – $23.4M |
| Revenue range | $9.2M – $16.0M |
| EBITDA range | $2.6M – $4.4M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingThe Security National Bank of EnidPPP / 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
| The Security National Bank of Enid PPP 2020 | All 204 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 | $315K | 14 |
2 locations
| 3312 N 16TH ST | Enid | This listing |
| 3312 N 16th St | North Enid | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H & J Services Inc
H & J Services Inc is a family-owned oil & gas company in Enid, Oklahoma, in business since 2013. Its estimated annual revenue is about $14.0M, with roughly $3.9M of EBITDA. It has about 29 employees. Its estimated business value is $17.1M (likely range $9.0M–$23.4M). It has 2 locations.
Common questions
- Who owns H & J Services Inc?
- The owner of H & J Services 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 H & J Services Inc make?
- SeeBITDA estimates H & J Services Inc's annual revenue at about $14.0M (likely between $9.2M and $16.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H & J Services Inc worth?
- About $17.1M, roughly 4.4× its estimated EBITDA of $3.9M, typical for a oil & gas company its size. Likely range: $9.0M–$23.4M.
- How many employees does H & J Services Inc have?
- About 29, as reported on its PPP loan.
- When was H & J Services Inc founded?
- H & J Services Inc has been in business since 2013.