Lincoln Well Services, LLC
How we got $1.9M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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 |
|---|---|---|
| LINCOLN WELL SERVICES, LLC this business | $2.1M | — |
| LINCOLN SERVICES LLC Harrah · 6 employees | $2.0M | 0.0 mi |
| SUNDIAL ENERGY LLC Harrah · 1 employees | $713K | 2.1 mi |
| PEELER OILFIELD SERVICES INC. Harrah · 2 employees | $1.1M | 2.9 mi |
| QUALITY FIRST OILFIELD SERVICES, INC. Choctaw · 4 employees | $2.1M | 4.8 mi |
| DD CHITSEY - LLC Choctaw · 1 employees | $349K | 4.8 mi |
| HANK KNOX DIRECTIONAL DRILLING LLC Choctaw · 1 employees | $620K | 5.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $623K |
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 | $1.9M |
| Multiple for this size and industry | 3× |
| Value range | $984K – $2.6M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $410K – $711K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingCommunity State 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 Roles are as stated there and may be out of date.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
| The Community State Bank PPP 2020 | All 167 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $38K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lincoln Well Services, LLC
Lincoln Well Services, LLC is an oil & gas company in Harrah, Oklahoma, in business since 2025. Its estimated annual revenue is about $2.1M, with roughly $623K of EBITDA. It has about 6 employees. Its estimated business value is $1.9M (likely range $984K–$2.6M).
Common questions
- Who owns Lincoln Well Services, LLC?
- The owner of Lincoln Well Services, 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 Lincoln Well Services, LLC make?
- SeeBITDA estimates Lincoln Well Services, LLC's annual revenue at about $2.1M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lincoln Well Services, LLC worth?
- About $1.9M, roughly 3× its estimated EBITDA of $623K, typical for a oil & gas company its size. Likely range: $984K–$2.6M.
- How many employees does Lincoln Well Services, LLC have?
- About 6, as reported on its PPP loan.
- When was Lincoln Well Services, LLC founded?
- Lincoln Well Services, LLC has been in business since 2025.