Mackellar, Inc.
How we got $15.9M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▼ 90% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 29 | $10.5M |
| 2020 | Form 5500 | 4 | $1.4M |
| 2021 | Form 5500 | 4 | $1.4M |
| 2022 | Form 5500 | 4 | $1.4M |
| 2023 | Form 5500 | 3 | $1.1M |
| 2024 | Form 5500 | 3 | $1.1M |
| 2025 | Form 5500 | 3 | $1.1M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MACKELLAR, INC. this business | $14.8M | — |
| Saints Energy, L.l.c. Oklahoma City | $1.5M | 0.1 mi |
| EL DORADO CORPORATION Oklahoma City · 4 employees | $1.4M | 0.1 mi |
| Blue Ribbon Energy Group Llc Oklahoma City | $1.5M | 0.1 mi |
| CRASH RESOURCE PARTNERS, LLC Oklahoma City · 2 employees | $1.4M | 0.1 mi |
| OKKI INDUSTRIES LLC Oklahoma City · 2 employees | $1.1M | 0.1 mi |
| Flogistix Oklahoma City | $1.5M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.2M |
| Estimate: the two combined (geometric mean) | $14.8M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.6M |
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 | $15.9M |
| Multiple for this size and industry | 4.4× |
| Value range | $8.4M – $21.8M |
| Revenue range | $9.8M – $16.9M |
| EBITDA range | $2.4M – $4.1M |
| 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
People & advisors
Leadership
- JBJ Bruce MackellarSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingBOKF, National 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $372K | 29 |
| 2/2/2021 | second | $81K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mackellar, Inc.
Mackellar, Inc. is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $14.8M, with roughly $3.6M of EBITDA. It has about 3 employees. Its estimated business value is $15.9M (likely range $8.4M–$21.8M).
Common questions
- Who owns Mackellar, Inc.?
- The owner of Mackellar, 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 Mackellar, Inc. make?
- SeeBITDA estimates Mackellar, Inc.'s annual revenue at about $14.8M (likely between $9.8M and $16.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mackellar, Inc. worth?
- About $15.9M, roughly 4.4× its estimated EBITDA of $3.6M, typical for a oil & gas company its size. Likely range: $8.4M–$21.8M.
- How many employees does Mackellar, Inc. have?
- About 3, from its 2025 retirement-plan filing.