Lag Royalty LLC
How we got $27.8M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| LAG ROYALTY LLC this business | $22.2M | — |
| BILL LOGSDON Edmond · 1 employees | $4.5M | 0.0 mi |
| GLEN E MYERS INC Edmond · 3 employees | $12.4M | 0.0 mi |
| GUEST PETROLEUM INC Edmond · 4 employees | $16.3M | 0.0 mi |
| LONE PEAK LAND LLC Edmond · 1 employees | $3.3M | 0.0 mi |
| JGH HOLDINGS LLC Edmond · 1 employees | $3.5M | 1.0 mi |
| AVEN GAS & OIL, INC. Edmond · 1 employees | $3.3M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.1M |
| Estimate: the two combined (geometric mean) | $22.2M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.0M |
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 | $27.8M |
| Multiple for this size and industry | 5.5× |
| Value range | $14.6M – $38.0M |
| Revenue range | $14.6M – $25.3M |
| EBITDA range | $3.3M – $5.8M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingThe Citizens Bank of EdmondPPP / 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 Roles are as stated there and may be out of date.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 Citizens Bank of Edmond PPP 2020, PPP 2021 | All 502 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 | $85K | 6 |
| 2/7/2021 | second | $85K | 6 |
About Lag Royalty LLC
Lag Royalty LLC is a crude petroleum extraction company in Edmond, Oklahoma. Its estimated annual revenue is about $22.2M, with roughly $5.0M of EBITDA. It has about 6 employees. Its estimated business value is $27.8M (likely range $14.6M–$38.0M).
Common questions
- Who owns Lag Royalty LLC?
- The owner of Lag Royalty 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 Lag Royalty LLC make?
- SeeBITDA estimates Lag Royalty LLC's annual revenue at about $22.2M (likely between $14.6M and $25.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lag Royalty LLC worth?
- About $27.8M, roughly 5.5× its estimated EBITDA of $5.0M, typical for a crude petroleum extraction company its size. Likely range: $14.6M–$38.0M.
- How many employees does Lag Royalty LLC have?
- About 6, as reported on its PPP loan.