Hrt Service Company, L.L.C.
How we got $2.0M
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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.
Employees over time
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $1.4M |
| 2020 | Form 5500 | 2 | $721K |
| 2021 | Form 5500 | 2 | $721K |
| 2022 | Form 5500 | 2 | $721K |
| 2024 | Form 5500 | 2 | $721K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HRT SERVICE COMPANY, L.L.C. this business | $2.2M | — |
| KING ANCHORING SERVICE, LLC Drummond · 1 employees | $556K | 0.1 mi |
| R & M PIPELINE SERVICES INC. Drummond · 68 employees | $27.3M | 0.9 mi |
| AMERICAN TOOL, L.L.C. Drummond · 3 employees | $1.9M | 3.4 mi |
| RAUH OILFIELD SERVICES COMPANY Enid · 21 employees | $14.9M | 4.4 mi |
| SILCOTT SERVICES LLC Lahoma · 1 employees | $447K | 4.8 mi |
| TOOLS PLUS INC Enid · 6 employees | $3.2M | 5.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $2.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $676K |
| Cross-check: revenue implied by PPP payroll | $246K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $960K – $2.9M |
| Revenue range | $1.3M – $2.6M |
| EBITDA range | $400K – $800K |
| 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
Leadership
- TLTeri LongpineSigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- BankingCowboy 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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $6K | 3 |
| 1/20/2021 | second | $7K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hrt Service Company, L.L.C.
Hrt Service Company, L.L.C. is an oil & gas company in Drummond, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $676K of EBITDA. It has about 2 employees. Its estimated business value is $2.0M (likely range $960K–$2.9M).
Common questions
- Who owns Hrt Service Company, L.L.C.?
- The owner of Hrt Service Company, L.L.C. 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 Hrt Service Company, L.L.C. make?
- SeeBITDA estimates Hrt Service Company, L.L.C.'s annual revenue at about $2.2M (likely between $1.3M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hrt Service Company, L.L.C. worth?
- About $2.0M, roughly 3× its estimated EBITDA of $676K, typical for a oil & gas company its size. Likely range: $960K–$2.9M.
- How many employees does Hrt Service Company, L.L.C. have?
- About 2, from its 2024 retirement-plan filing.