Kopco, Inc
How we got $11.4M
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 30% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KOPCO, INC this business | $10.0M | — |
| HERITAGE PETROLEUM, INC. Stillwater · 3 employees | $11.2M | 7.4 mi |
| CHER OIL COMPANY, LTD Ripley · 4 employees | $14.3M | 12.9 mi |
| ELKAS DYNASTY LIMITED Glencoe · 1 employees | $3.3M | 13.3 mi |
| CODE BLUE ELECTRIC SEVICES LLC Guthrie · 4 employees | $13.5M | 14.8 mi |
| THREE SANDS OIL INC Perry · 5 employees | $23.2M | 18.1 mi |
| DUNIVAN GAS, INC. Morrison · 7 employees | $21.1M | 18.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $3.9M |
| Revenue = employees × revenue per employee | $10.0M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.4M |
| Cross-check: revenue implied by PPP payroll | $2.4M |
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 | $11.4M |
| Multiple for this size and industry | 4.7× |
| Value range | $5.4M – $16.2M |
| Revenue range | $5.9M – $11.8M |
| EBITDA range | $1.4M – $2.9M |
| Industry (NAICS) | Oil and Gas Extraction (211111) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $11K | 2 |
| 2/3/2021 | second | $11K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kopco, Inc
Kopco, Inc is an oil and gas extraction company in Stillwater, Oklahoma. It is owned by JB Red (Founder). Its estimated annual revenue is about $10.0M, with roughly $2.4M of EBITDA. It has about 2 employees. Its estimated business value is $11.4M (likely range $5.4M–$16.2M).
Common questions
- Who owns Kopco, Inc?
- Kopco, Inc is owned by JB Red (Founder), according to public sources such as the company's website or filings.
- How much revenue does Kopco, Inc make?
- SeeBITDA estimates Kopco, Inc's annual revenue at about $10.0M (likely between $5.9M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kopco, Inc worth?
- About $11.4M, roughly 4.7× its estimated EBITDA of $2.4M, typical for a oil and gas extraction company its size. Likely range: $5.4M–$16.2M.
- How many employees does Kopco, Inc have?
- About 2, as reported on its PPP loan.