Mid States Technical Services, LLC
How we got $826K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 4% 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 |
|---|---|---|
| MID STATES TECHNICAL SERVICES, LLC this business | $2.7M | — |
| CREEK CONSTRUCTION LLC Skiatook · 10 employees | $3.9M | 1.7 mi |
| X-SELL SUPPLY, INC. Skiatook · 2 employees | $880K | 4.4 mi |
| THA ENTERPRISE, LLC Sperry · 2 employees | $1.6M | 5.4 mi |
| ALLAN EDWARDS INCORPORATED Tulsa · 41 employees | $14.4M | 10.0 mi |
| R & J GAY LLC Talala · 1 employees | $814K | 13.2 mi |
| GREEN COUNTRY UTILITY CONSTRUCTION & SERVICES, LLC Ramona · 4 employees | $1.6M | 13.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $359K |
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 | $826K |
| Multiple for this size and industry | 2.3× |
| Value range | $435K – $1.1M |
| Revenue range | $1.8M – $3.1M |
| EBITDA range | $236K – $410K |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- BankingThe Exchange Bank, Stride Bank, 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
| Stride Bank, National Association PPP 2021 | All 504 borrowers → |
| The Exchange Bank PPP 2020 | All 125 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $69K | 4 |
| 1/22/2021 | second | $88K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mid States Technical Services, LLC
Mid States Technical Services, LLC is an oil and gas pipeline and related structures construction company in Skiatook, Oklahoma, in business since 2007. Its estimated annual revenue is about $2.7M, with roughly $359K of EBITDA. It has about 4 employees. Its estimated business value is $826K (likely range $435K–$1.1M).
Common questions
- Who owns Mid States Technical Services, LLC?
- The owner of Mid States Technical 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 Mid States Technical Services, LLC make?
- SeeBITDA estimates Mid States Technical Services, LLC's annual revenue at about $2.7M (likely between $1.8M and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid States Technical Services, LLC worth?
- About $826K, roughly 2.3× its estimated EBITDA of $359K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $435K–$1.1M.
- How many employees does Mid States Technical Services, LLC have?
- About 4, as reported on its PPP loan.
- When was Mid States Technical Services, LLC founded?
- Mid States Technical Services, LLC has been in business since 2007.