Hummel Water Well Services Inc
How we got $471K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 19% since 2021Today'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 |
|---|---|---|
| HUMMEL WATER WELL SERVICES INC this business | $1.3M | — |
| WOODS COUNTY RURAL WATER DISTRICT NUMBER 3 Alva · 3 employees | $983K | 14.8 mi |
| M&S SERVICES LLC Cleo Springs · 2 employees | $493K | 25.9 mi |
| RURAL WATER SEWER & SOLID WASTE MANAGEMENT DISTRICT NO 3 DEW Mutual · 3 employees | $971K | 33.0 mi |
| RURAL WATER DISTRICT NO2 WOODWARD COUNTY Woodward · 3 employees | $440K | 35.3 mi |
| DEVINE WATER, LLC Jet · 7 employees | $1.7M | 38.5 mi |
| HARPER COUNTY RURAL WATER DISTRICT #1 Buffalo · 2 employees | $780K | 44.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $189K |
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 | $471K |
| Multiple for this size and industry | 2.5× |
| Value range | $248K – $645K |
| Revenue range | $857K – $1.5M |
| EBITDA range | $124K – $215K |
| Industry (NAICS) | Water Supply and Irrigation Systems (221310) |
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 Stock Exchange 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 Roles are as stated there and may be out of date.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
| The Stock Exchange Bank PPP 2021 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/17/2021 | second | $32K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hummel Water Well Services Inc
Hummel Water Well Services Inc is a water supply and irrigation systems company in Alva, Oklahoma, in business since 2017. Its estimated annual revenue is about $1.3M, with roughly $189K of EBITDA. It has about 4 employees. Its estimated business value is $471K (likely range $248K–$645K).
Common questions
- Who owns Hummel Water Well Services Inc?
- The owner of Hummel Water Well 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 Hummel Water Well Services Inc make?
- SeeBITDA estimates Hummel Water Well Services Inc's annual revenue at about $1.3M (likely between $857K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hummel Water Well Services Inc worth?
- About $471K, roughly 2.5× its estimated EBITDA of $189K, typical for a water supply and irrigation systems company its size. Likely range: $248K–$645K.
- How many employees does Hummel Water Well Services Inc have?
- About 4, as reported on its PPP loan.
- When was Hummel Water Well Services Inc founded?
- Hummel Water Well Services Inc has been in business since 2017.