How we got $671K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 4% 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 |
|---|---|---|
| JACOB COLVERT this business | $710K | — |
| MYSTIQUE MANAGEMENT CORPORATION Tulsa · 2 employees | $795K | 0.4 mi |
| TD ENERGY INC Tulsa · 1 employees | $435K | 0.4 mi |
| AARON GRILL LLC Tulsa · 1 employees | $604K | 0.6 mi |
| BARBER OIL LLC Tulsa · 3 employees | $1.1M | 1.3 mi |
| Coronado Resources Management Tulsa | $1.5M | 1.5 mi |
| PRIDE OIL AND GAS CO. Tulsa · 1 employees | $345K | 1.5 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $470K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $825K |
| Estimate: the two combined (geometric mean) | $710K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $280K |
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 | $671K |
| Multiple for this size and industry | 2.4× |
| Value range | $353K – $918K |
| Revenue range | $467K – $810K |
| EBITDA range | $184K – $319K |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | second | $21K | 1 |
About Jacob Colvert
Jacob Colvert is an oil & gas company in Tulsa, Oklahoma. Its estimated annual revenue is about $710K, with roughly $280K of EBITDA. It has about 1 employees. Its estimated business value is $671K (likely range $353K–$918K).
Common questions
- Who owns Jacob Colvert?
- The owner of Jacob Colvert 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 Jacob Colvert make?
- SeeBITDA estimates Jacob Colvert's annual revenue at about $710K (likely between $467K and $810K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jacob Colvert worth?
- About $671K, roughly 2.4× its estimated EBITDA of $280K, typical for a oil & gas company its size. Likely range: $353K–$918K.
- How many employees does Jacob Colvert have?
- About 1, as reported on its PPP loan.