Lakewood Petroleum, Inc.
How we got $898K
Based on 2 employees reported for PPP in 2020, grown 8% a year since.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LAKEWOOD PETROLEUM, INC. this business | $1.1M | — |
| BLOOD CONSULTING, INC. Fairview · 1 employees | $683K | 0.0 mi |
| KENNETH CARMACK Fairview · 1 employees | $323K | 0.4 mi |
| AZTECK PETROLEUM COMPANY LLC Fairview · 1 employees | $379K | 0.6 mi |
| AZTEK PETROLEUM COMPANY LLC Fairview · 1 employees | $379K | 0.6 mi |
| SPECIAL OPS, INC Fairview · 1 employees | $396K | 1.0 mi |
| O-Tex Pumpling Fairview | $1.5M | 1.5 mi |
Ranges & sources
| Revenue range | $659K – $1.3M |
| EBITDA range | $221K – $443K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
| Value range | $425K – $1.3M |
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
- BankingFairview Savings & Loan AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Fairview Savings & Loan Association PPP 2020, PPP 2021 | All 49 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 | $8K | 2 |
| 1/16/2021 | second | $8K | 2 |
About Lakewood Petroleum, Inc.
Lakewood Petroleum, Inc. is an oil & gas company in Fairview, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $374K of EBITDA. It has about 2 employees. Its estimated business value is $898K (likely range $425K–$1.3M).
Common questions
- Who owns Lakewood Petroleum, Inc.?
- The owner of Lakewood Petroleum, 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 Lakewood Petroleum, Inc. make?
- SeeBITDA estimates Lakewood Petroleum, Inc.'s annual revenue at about $1.1M (likely between $659K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lakewood Petroleum, Inc. worth?
- About $898K, roughly 2.4× its estimated EBITDA of $374K, typical for a oil & gas company its size. Likely range: $425K–$1.3M.
- How many employees does Lakewood Petroleum, Inc. have?
- About 2, as reported on its PPP loan.