Half Circle J 2, LLC
How we got $1.4M
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 38% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HALF CIRCLE J 2, LLC this business | $3.7M | — |
| MAYCO CHEMICAL PRODUCTS, INC El Reno · 10 employees | $7.1M | 2.3 mi |
| HALF CIRCLE J, LLC Yukon · 5 employees | $1.6M | 11.8 mi |
| Moon Chemical Products Co Oklahoma City | $1.8M | 18.1 mi |
| CHEMICAL PRODUCT INDUSTRIES Oklahoma City · 7 employees | $3.6M | 19.0 mi |
| CHEMICAL PRODUCTS INDUSTRIES, INC Oklahoma City · 6 employees | $3.2M | 19.0 mi |
| MIDAMERICA WATER TECHNOLOGIES, INC. Oklahoma City · 4 employees | $3.7M | 19.2 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $455K |
| Revenue = employees × revenue per employee | $3.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $475K |
| Cross-check: revenue implied by PPP payroll | $527K |
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 | $1.4M |
| Multiple for this size and industry | 3× |
| Value range | $674K – $2.0M |
| Revenue range | $2.2M – $4.3M |
| EBITDA range | $281K – $562K |
| Industry (NAICS) | All Other Miscellaneous Chemical Product and Preparation Manufacturing (325998) |
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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $13K | 4 |
About Half Circle J 2, LLC
Half Circle J 2, LLC is an all other miscellaneous chemical product and preparation manufacturing company in El Reno, Oklahoma. Its estimated annual revenue is about $3.7M, with roughly $475K of EBITDA. It has about 4 employees. Its estimated business value is $1.4M (likely range $674K–$2.0M).
Common questions
- Who owns Half Circle J 2, LLC?
- The owner of Half Circle J 2, 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 Half Circle J 2, LLC make?
- SeeBITDA estimates Half Circle J 2, LLC's annual revenue at about $3.7M (likely between $2.2M and $4.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Half Circle J 2, LLC worth?
- About $1.4M, roughly 3× its estimated EBITDA of $475K, typical for a all other miscellaneous chemical product and preparation manufacturing company its size. Likely range: $674K–$2.0M.
- How many employees does Half Circle J 2, LLC have?
- About 4, as reported on its PPP loan.