John Thompson Enterprises, Inc
How we got $5.0M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOHN THOMPSON ENTERPRISES, INC this business | $5.0M | — |
| TESTCO, INC Watonga · 15 employees | $6.7M | 0.1 mi |
| G&M CHEMICAL, LLC Watonga · 1 employees | $712K | 1.0 mi |
| BIG JOHNSON TRUCKING AND CONSTRUCTION, LLC Watonga · 1 employees | $557K | 1.0 mi |
| CR OILFIELD SERVICES, INC. Watonga · 5 employees | $2.2M | 1.2 mi |
| ROTHER PUMPING, INC. Watonga · 3 employees | $1.7M | 1.3 mi |
| KCL OILFIELD SERVICES LLC Watonga · 3 employees | $1.7M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.7M – $6.9M |
| Revenue range | $3.3M – $5.8M |
| EBITDA range | $921K – $1.6M |
| 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
History & advisors
Advisors
- BankingBank 7PPP / 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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/15/2020 | first | $95K | 18 |
| 1/30/2021 | second | $95K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About John Thompson Enterprises, Inc
John Thompson Enterprises, Inc is an oil & gas company in Watonga, Oklahoma, in business since 1992. It is owned by John Wayne Thompson. Its estimated annual revenue is about $5.0M, with roughly $1.4M of EBITDA. It has about 18 employees. Its estimated business value is $5.0M (likely range $2.7M–$6.9M).
Common questions
- Who owns John Thompson Enterprises, Inc?
- John Thompson Enterprises, Inc is owned by John Wayne Thompson, according to public sources such as the company's website or filings.
- How much revenue does John Thompson Enterprises, Inc make?
- SeeBITDA estimates John Thompson Enterprises, Inc's annual revenue at about $5.0M (likely between $3.3M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is John Thompson Enterprises, Inc worth?
- About $5.0M, roughly 3.6× its estimated EBITDA of $1.4M, typical for a oil & gas company its size. Likely range: $2.7M–$6.9M.
- How many employees does John Thompson Enterprises, Inc have?
- About 18, as reported on its PPP loan.
- When was John Thompson Enterprises, Inc founded?
- John Thompson Enterprises, Inc has been in business since 1992.