Mag Services Inc
How we got $277K
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| MAG SERVICES INC this business | $2.2M | — |
| CENTRAL TAG AGENCY, INC. Tulsa · 8 employees | $1.3M | 4.9 mi |
| MID TOWN AGENCY LLC Tulsa · 6 employees | $899K | 7.0 mi |
| DOWNTOWN DESIGN SERVICES, INC Tulsa · 36 employees | $10.3M | 7.4 mi |
| JAZ TRANSPORTATION SERVICES, LLC Owasso · 3 employees | $733K | 9.8 mi |
| RETAIL ATTRACTIONS, LLC Owasso · 6 employees | $1.2M | 10.8 mi |
| ODIN UTILITIES LLC Tulsa · 27 employees | $7.4M | 11.5 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $111K |
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 | $277K |
| Multiple for this size and industry | 2.5× |
| Value range | $146K – $378K |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $73K – $126K |
| Industry (NAICS) | Public Administration (926120) |
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: approximate sector default. 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $89K | 13 |
About Mag Services Inc
Mag Services Inc is a public administration company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $111K of EBITDA. It has about 13 employees. Its estimated business value is $277K (likely range $146K–$378K).
Common questions
- Who owns Mag Services Inc?
- The owner of Mag Services 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 Mag Services Inc make?
- SeeBITDA estimates Mag Services Inc's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mag Services Inc worth?
- About $277K, roughly 2.5× its estimated EBITDA of $111K, typical for a public administration company its size. Likely range: $146K–$378K.
- How many employees does Mag Services Inc have?
- About 13, as reported on its PPP loan.