Merz Oilfield Services LLC
How we got $1.1M
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 4% 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 |
|---|---|---|
| MERZ OILFIELD SERVICES LLC this business | $1.4M | — |
| OUTCAST OILFIELD SERVICES LLC Elk City · 13 employees | $4.7M | 0.0 mi |
| THREE T OILFIELD SERVICES, LLC Elk City · 1 employees | $430K | 0.0 mi |
| HILLTOP DISPOSAL, LLC Elk City · 4 employees | $2.2M | 0.2 mi |
| ERIC SCHOELEN LLC Elk City · 1 employees | $593K | 0.3 mi |
| SOUTHWEST PRODUCTION SERVICES LLC Elk City · 1 employees | $674K | 0.3 mi |
| JLE FLOWBACK, LLC Elk City · 1 employees | $542K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $478K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $604K – $1.6M |
| Revenue range | $936K – $1.6M |
| EBITDA range | $314K – $545K |
| 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
Advisors
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/27/2021 | first | $42K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Merz Oilfield Services LLC
Merz Oilfield Services LLC is an oil & gas company in Elk City, Oklahoma, in business since 2026. Its estimated annual revenue is about $1.4M, with roughly $478K of EBITDA. It has about 2 employees. Its estimated business value is $1.1M (likely range $604K–$1.6M).
Common questions
- Who owns Merz Oilfield Services LLC?
- The owner of Merz Oilfield 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 Merz Oilfield Services LLC make?
- SeeBITDA estimates Merz Oilfield Services LLC's annual revenue at about $1.4M (likely between $936K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merz Oilfield Services LLC worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $478K, typical for a oil & gas company its size. Likely range: $604K–$1.6M.
- How many employees does Merz Oilfield Services LLC have?
- About 2, as reported on its PPP loan.
- When was Merz Oilfield Services LLC founded?
- Merz Oilfield Services LLC has been in business since 2026.