Map Exploration, Inc.
How we got $13.3M
Based on its 2 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 |
|---|---|---|
| MAP EXPLORATION, INC. this business | $11.6M | — |
| TOOMEY OIL CO., INC. Tulsa · 5 employees | $17.7M | 1.2 mi |
| DECK OIL CO Tulsa · 4 employees | $13.1M | 1.3 mi |
| ROBERT L PARKER SR FAMILY LP Tulsa · 6 employees | $23.7M | 1.3 mi |
| DE VENTURES ENTERPRISE CORP Tusla · 1 employees | $5.6M | 1.3 mi |
| BANNER OIL & GAS, LLC Tulsa · 18 employees | $72.4M | 1.3 mi |
| PARTHENON TRADING COMPANY Tulsa · 2 employees | $6.2M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.2M |
| Estimate: the two combined (geometric mean) | $11.6M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.8M |
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 | $13.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $7.0M – $18.2M |
| Revenue range | $7.6M – $13.2M |
| EBITDA range | $1.9M – $3.2M |
| 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 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 | $69K | 2 |
About Map Exploration, Inc.
Map Exploration, Inc. is a crude petroleum extraction company in Tulsa, Oklahoma. Its estimated annual revenue is about $11.6M, with roughly $2.8M of EBITDA. It has about 2 employees. Its estimated business value is $13.3M (likely range $7.0M–$18.2M).
Common questions
- Who owns Map Exploration, Inc.?
- The owner of Map Exploration, 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 Map Exploration, Inc. make?
- SeeBITDA estimates Map Exploration, Inc.'s annual revenue at about $11.6M (likely between $7.6M and $13.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Map Exploration, Inc. worth?
- About $13.3M, roughly 4.7× its estimated EBITDA of $2.8M, typical for a crude petroleum extraction company its size. Likely range: $7.0M–$18.2M.
- How many employees does Map Exploration, Inc. have?
- About 2, as reported on its PPP loan.