J & J Solutions, L.L.C.
How we got $49.6M
Based on its 70 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| J & J SOLUTIONS, L.L.C. this business | $42.0M | — |
| BIG J PUMP & SUPPLY, INC. Perry · 1 employees | $508K | 3.5 mi |
| BIG J TANK TRUCK SERVICE, INC. Perry · 3 employees | $1.4M | 3.5 mi |
| LEGACY OFS CONSTRUCTION LLC Lucien · 20 employees | $10.2M | 5.6 mi |
| SOUTHERN PLAINS ENERGY, LLC Perry · 28 employees | $21.2M | 6.4 mi |
| ALMACK ENERGY COMPANY INC. Perry · 3 employees | $1.1M | 9.3 mi |
| TERRY REINHARDT Covington · 1 employees | $618K | 11.3 mi |
The full calculation
| Employees reported to the SBA | 70 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $31.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $43.6M |
| Estimate: the two combined (geometric mean) | $42.0M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $9.5M |
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 | $49.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $26.1M – $67.9M |
| Revenue range | $27.6M – $47.9M |
| EBITDA range | $6.3M – $10.9M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingExchange Bank and Trust CompanyPPP / 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
| Exchange Bank and Trust Company PPP 2020, PPP 2021 | All 217 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.2M | 70 |
| 2/3/2021 | second | $798K | 61 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About J & J Solutions, L.L.C.
J & J Solutions, L.L.C. is an oil & gas company in Perry, Oklahoma, in business since 2007. Its estimated annual revenue is about $42.0M, with roughly $9.5M of EBITDA. It has about 70 employees. Its estimated business value is $49.6M (likely range $26.1M–$67.9M).
Common questions
- Who owns J & J Solutions, L.L.C.?
- The owner of J & J Solutions, 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 J & J Solutions, L.L.C. make?
- SeeBITDA estimates J & J Solutions, L.L.C.'s annual revenue at about $42.0M (likely between $27.6M and $47.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J & J Solutions, L.L.C. worth?
- About $49.6M, roughly 5.2× its estimated EBITDA of $9.5M, typical for a oil & gas company its size. Likely range: $26.1M–$67.9M.
- How many employees does J & J Solutions, L.L.C. have?
- About 70, as reported on its PPP loan.
- When was J & J Solutions, L.L.C. founded?
- J & J Solutions, L.L.C. has been in business since 2007.