Mcoil Service Company LLC
How we got $1.9M
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 1% since 2021Today'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 |
|---|---|---|
| MCOIL SERVICE COMPANY LLC this business | $2.1M | — |
| MCOIL SEVICE CO, INC Muskogee · 9 employees | $2.8M | 0.0 mi |
| LEGENDARY LUBE AND OIL, LLC Muskogee · 1 employees | $388K | 1.3 mi |
| EGRET OPERATING COMPANY Muskogee · 2 employees | $976K | 1.9 mi |
| JCR EXPLORATION INC. Muskogee · 2 employees | $1.2M | 3.9 mi |
| Mayes County Propane Wagoner | $1.5M | 15.8 mi |
| FIDGETS OILFIELD SERVICES LLC Checotah · 2 employees | $1.4M | 17.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| 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) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $626K |
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 | $988K – $2.6M |
| Revenue range | $1.4M – $2.3M |
| EBITDA range | $411K – $713K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | second | $40K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mcoil Service Company LLC
Mcoil Service Company LLC is an oil & gas company in Muskogee, Oklahoma, in business since 1998. Its estimated annual revenue is about $2.1M, with roughly $626K of EBITDA. It has about 5 employees. Its estimated business value is $1.9M (likely range $988K–$2.6M).
Common questions
- Who owns Mcoil Service Company LLC?
- The owner of Mcoil Service Company 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 Mcoil Service Company LLC make?
- SeeBITDA estimates Mcoil Service Company LLC's annual revenue at about $2.1M (likely between $1.4M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mcoil Service Company LLC worth?
- About $1.9M, roughly 3× its estimated EBITDA of $626K, typical for a oil & gas company its size. Likely range: $988K–$2.6M.
- How many employees does Mcoil Service Company LLC have?
- About 5, as reported on its PPP loan.
- When was Mcoil Service Company LLC founded?
- Mcoil Service Company LLC has been in business since 1998.