Jv Well Service, Inc
How we got $8.9M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JV WELL SERVICE, INC this business | $7.3M | — |
| RAYCO PARAFFIN SERVICE, INC. Hennessey · 4 employees | $2.0M | 0.0 mi |
| ENERGY METER SYSTEMS, LLC Hennessey · 42 employees | $19.6M | 0.4 mi |
| Teppco Crude Pipeline Hennessey | $1.5M | 0.7 mi |
| TRIPLE J WELL SERVICE CORP Hennessey · 10 employees | $3.7M | 1.5 mi |
| R&S HYDROTESTING, INC. Hennessey · 5 employees | $1.6M | 1.6 mi |
| MKS PUMPING INC. Hennessey · 10 employees | $3.0M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.8M |
| Estimate: the two combined (geometric mean) | $7.3M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.0M |
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 | $8.9M |
| Multiple for this size and industry | 4.4× |
| Value range | $4.7M – $12.1M |
| Revenue range | $4.8M – $8.3M |
| EBITDA range | $1.3M – $2.3M |
| 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
- BankingCommunity State 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 Roles are as stated there and may be out of date.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 Community State Bank PPP 2020, PPP 2021 | All 167 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 | $208K | 17 |
| 1/22/2021 | second | $165K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jv Well Service, Inc
Jv Well Service, Inc is an oil & gas company in Hennessey, Oklahoma, in business since 2013. It is owned by Elvira Vasquez (Owner / Officer). Its estimated annual revenue is about $7.3M, with roughly $2.0M of EBITDA. It has about 17 employees. Its estimated business value is $8.9M (likely range $4.7M–$12.1M).
Common questions
- Who owns Jv Well Service, Inc?
- Jv Well Service, Inc is owned by Elvira Vasquez (Owner / Officer), according to public sources such as the company's website or filings.
- How much revenue does Jv Well Service, Inc make?
- SeeBITDA estimates Jv Well Service, Inc's annual revenue at about $7.3M (likely between $4.8M and $8.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jv Well Service, Inc worth?
- About $8.9M, roughly 4.4× its estimated EBITDA of $2.0M, typical for a oil & gas company its size. Likely range: $4.7M–$12.1M.
- How many employees does Jv Well Service, Inc have?
- About 17, as reported on its PPP loan.
- When was Jv Well Service, Inc founded?
- Jv Well Service, Inc has been in business since 2013.