King Anchoring Service, LLC
How we got $438K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| KING ANCHORING SERVICE, LLC this business | $557K | — |
| HRT SERVICE COMPANY, L.L.C. Drummond · 4 employees | $2.2M | 0.1 mi |
| R & M PIPELINE SERVICES INC. Drummond · 68 employees | $27.3M | 1.0 mi |
| AMERICAN TOOL, L.L.C. Drummond · 3 employees | $1.9M | 3.5 mi |
| RAUH OILFIELD SERVICES COMPANY Enid · 21 employees | $14.9M | 4.3 mi |
| SILCOTT SERVICES LLC Lahoma · 1 employees | $448K | 4.7 mi |
| TOOLS PLUS INC Enid · 6 employees | $3.2M | 5.5 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $557K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $219K |
| Cross-check: revenue implied by PPP payroll | $79K |
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 | $438K |
| Multiple for this size and industry | 2× |
| Value range | $207K – $622K |
| Revenue range | $329K – $659K |
| EBITDA range | $130K – $259K |
| 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
People & advisors
Advisors
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $2K | 1 |
| 1/22/2021 | second | $2K | 1 |
About King Anchoring Service, LLC
King Anchoring Service, LLC is an oil & gas company in Drummond, Oklahoma. Its estimated annual revenue is about $557K, with roughly $219K of EBITDA. It has about 1 employees. Its estimated business value is $438K (likely range $207K–$622K).
Common questions
- Who owns King Anchoring Service, LLC?
- The owner of King Anchoring Service, LLC 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 King Anchoring Service, LLC make?
- SeeBITDA estimates King Anchoring Service, LLC's annual revenue at about $557K (likely between $329K and $659K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is King Anchoring Service, LLC worth?
- About $438K, roughly 2× its estimated EBITDA of $219K, typical for a oil & gas company its size. Likely range: $207K–$622K.
- How many employees does King Anchoring Service, LLC have?
- About 1, as reported on its PPP loan.