K and W Well Service Inc.
How we got $7.2M
Based on its 43 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 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 18% 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 |
|---|---|---|
| K AND W WELL SERVICE INC. this business | $17.3M | — |
| Global 7 Testing Cushing | $1.7M | 1.4 mi |
| Premier Safety Resources Cushing | $1.7M | 2.7 mi |
| PROGRESSIVE VALVE COMPANY Drumright · 2 employees | $690K | 6.9 mi |
| W&K OILFIELD REPAIR LLC Drumright · 3 employees | $1.2M | 7.4 mi |
| CARGILL VALVE, LLC Drumright · 15 employees | $5.0M | 9.4 mi |
| JACKSON PUMP & SUPPLY, INC. Drumright · 14 employees | $4.9M | 9.5 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.9M |
| Estimate: the two combined (geometric mean) | $17.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.6M |
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 | $7.2M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.8M – $9.9M |
| Revenue range | $11.4M – $19.7M |
| EBITDA range | $1.1M – $1.8M |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingBlue Sky 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
| Blue Sky Bank PPP 2020, PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $439K | 43 |
| 1/16/2021 | second | $439K | 33 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About K and W Well Service Inc.
K and W Well Service Inc. is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Cushing, Oklahoma, in business since 2004. Its estimated annual revenue is about $17.3M, with roughly $1.6M of EBITDA. It has about 43 employees. Its estimated business value is $7.2M (likely range $3.8M–$9.9M).
Common questions
- Who owns K and W Well Service Inc.?
- The owner of K and W Well Service 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 K and W Well Service Inc. make?
- SeeBITDA estimates K and W Well Service Inc.'s annual revenue at about $17.3M (likely between $11.4M and $19.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is K and W Well Service Inc. worth?
- About $7.2M, roughly 4.5× its estimated EBITDA of $1.6M, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $3.8M–$9.9M.
- How many employees does K and W Well Service Inc. have?
- About 43, as reported on its PPP loan.
- When was K and W Well Service Inc. founded?
- K and W Well Service Inc. has been in business since 2004.