Mid-Way Environmental Services, Inc
How we got $2.1M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
Mid-Way Environmental provides non-hazardous liquid waste disposal and waste transportation services, operating Class I and Class II injection wells in Oklahoma.
From the company's website. Industry: Other Nonhazardous Waste Treatment and Disposal.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MID-WAY ENVIRONMENTAL SERVICES, INC this business | $3.4M | — |
| LAKE WHITE EAGLE, LLC Jones · 4 employees | $1.7M | 40.4 mi |
| ROSENCUTTER BROS., INC. Jenks · 12 employees | $5.0M | 42.5 mi |
| SMITHEY ENVIRONMENTAL SERVICES, INC. Tulsa · 45 employees | $19.9M | 43.0 mi |
| AMERICAN ENVIRONMENTAL LANDFILL, INC. Tulsa · 17 employees | $10.0M | 44.5 mi |
| Clean Earth Tulsa | $1.3M | 45.3 mi |
| CAPITAL WASTE SOLUTIONS, LLC Tulsa · 8 employees | $3.6M | 45.6 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $549K |
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 | $2.1M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.1M – $2.9M |
| Revenue range | $2.2M – $3.9M |
| EBITDA range | $361K – $627K |
| Industry (NAICS) | Other Nonhazardous Waste Treatment and Disposal (562219) |
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. 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
- 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, PPP 2021 | 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 |
|---|---|---|---|
| 4/7/2020 | first | $78K | 8 |
| 2/17/2021 | second | $79K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mid-Way Environmental Services, Inc
Mid-Way Environmental Services, Inc is an other nonhazardous waste treatment and disposal company in Stroud, Oklahoma, in business since 2009. Its estimated annual revenue is about $3.4M, with roughly $549K of EBITDA. It has about 8 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Mid-Way Environmental Services, Inc?
- The owner of Mid-Way Environmental 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 Mid-Way Environmental Services, Inc make?
- SeeBITDA estimates Mid-Way Environmental Services, Inc's annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid-Way Environmental Services, Inc worth?
- About $2.1M, roughly 3.9× its estimated EBITDA of $549K, typical for a other nonhazardous waste treatment and disposal company its size. Likely range: $1.1M–$2.9M.
- How many employees does Mid-Way Environmental Services, Inc have?
- About 8, as reported on its PPP loan.
- When was Mid-Way Environmental Services, Inc founded?
- Mid-Way Environmental Services, Inc has been in business since 2009.