H5c Pumping, Inc.
How we got $1.7M
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 5% 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 |
|---|---|---|
| H5C PUMPING, INC. this business | $1.7M | — |
| NICHOLS WATER SERVICE, INC. Forgan · 22 employees | $10.4M | 2.9 mi |
| CHOCKLEY PUMPING, INC Beaver · 2 employees | $721K | 6.3 mi |
| HOWARD DRILLING ENTERPRISES OF TEXAS, L.L.C. Beaver · 23 employees | $9.9M | 6.4 mi |
| WESTERN VENDING, INC. Beaver · 1 employees | $557K | 7.0 mi |
| KERRY'S PUMPING, INC. Beaver · 1 employees | $557K | 14.6 mi |
| HARDBERGER & SMYLIE, INC Beaver · 22 employees | $11.0M | 14.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $330K |
| Revenue = employees × revenue per employee | $1.7M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $561K |
| Cross-check: revenue implied by PPP payroll | $423K |
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 | $1.7M |
| Multiple for this size and industry | 3× |
| Value range | $797K – $2.4M |
| Revenue range | $989K – $2.0M |
| EBITDA range | $332K – $664K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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 National Bank and Trust Company of Weatherford d/b/a First Bank TexasPPP / 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 Roles are as stated there and may be out of date.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 National Bank and Trust Company of Weatherford d/b/a First Bank Texas PPP 2020 | All 28 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $11K | 3 |
About H5c Pumping, Inc.
H5c Pumping, Inc. is an oil & gas company in Forgan, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $561K of EBITDA. It has about 3 employees. Its estimated business value is $1.7M (likely range $797K–$2.4M).
Common questions
- Who owns H5c Pumping, Inc.?
- The owner of H5c Pumping, 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 H5c Pumping, Inc. make?
- SeeBITDA estimates H5c Pumping, Inc.'s annual revenue at about $1.7M (likely between $989K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H5c Pumping, Inc. worth?
- About $1.7M, roughly 3× its estimated EBITDA of $561K, typical for a oil & gas company its size. Likely range: $797K–$2.4M.
- How many employees does H5c Pumping, Inc. have?
- About 3, as reported on its PPP loan.