Harmon Production Services, Inc
How we got $13.9M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
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 |
|---|---|---|
| HARMON PRODUCTION SERVICES, INC this business | $12.1M | — |
| CASTLE CREEK DESIGN, INC. Yukon · 1 employees | $3.5M | 11.2 mi |
| BIRD OIL & GAS, INC. Yukon · 2 employees | $9.3M | 13.1 mi |
| MIKE ROOF CONSULTING, LLC Yukon · 1 employees | $3.6M | 13.3 mi |
| MOUSER CONSULTING, INC Yukon · 1 employees | $4.4M | 13.3 mi |
| W.F. HAZELBAKER, INC. Yukon · 2 employees | $9.3M | 13.4 mi |
| WITHROW OIL COMPANY INC Yukon · 2 employees | $9.3M | 13.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.2M |
| Estimate: the two combined (geometric mean) | $12.1M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.0M |
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 | $13.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $7.3M – $19.0M |
| Revenue range | $8.0M – $13.8M |
| EBITDA range | $1.9M – $3.4M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $38K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Harmon Production Services, Inc
Harmon Production Services, Inc is a crude petroleum extraction company in El Reno, Oklahoma, in business since 2002. Its estimated annual revenue is about $12.1M, with roughly $3.0M of EBITDA. It has about 4 employees. Its estimated business value is $13.9M (likely range $7.3M–$19.0M).
Common questions
- Who owns Harmon Production Services, Inc?
- The owner of Harmon Production 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 Harmon Production Services, Inc make?
- SeeBITDA estimates Harmon Production Services, Inc's annual revenue at about $12.1M (likely between $8.0M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Harmon Production Services, Inc worth?
- About $13.9M, roughly 4.7× its estimated EBITDA of $3.0M, typical for a crude petroleum extraction company its size. Likely range: $7.3M–$19.0M.
- How many employees does Harmon Production Services, Inc have?
- About 4, as reported on its PPP loan.
- When was Harmon Production Services, Inc founded?
- Harmon Production Services, Inc has been in business since 2002.