Mid West Services, LLC
How we got $2.0M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 WEST SERVICES, LLC this business | $6.0M | — |
| BIG M CONSTRUCTION, LLC Weatherford · 24 employees | $11.8M | 0.8 mi |
| ADVANCED POWER, INC. Weatherford · 8 employees | $2.8M | 2.7 mi |
| JL Water Well Service Thomas | $5.8M | 14.5 mi |
| KAUTZ PUMPING SERVICES INC. Thomas · 3 employees | $2.0M | 14.7 mi |
| MARTINEZ FCL INC Clinton · 16 employees | $5.2M | 17.7 mi |
| RICKY SMITH DITCHING INC Clinton · 2 employees | $1.6M | 18.7 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.2M |
| Estimate: the two combined (geometric mean) | $6.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $718K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $4.0M – $6.8M |
| EBITDA range | $472K – $819K |
| 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
- BankingSouthwest Bank of WeatherfordPPP / 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 Roles are as stated there and may be out of date.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
| Southwest Bank of Weatherford PPP 2020, PPP 2021 | All 48 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $215K | 12 |
| 3/5/2021 | second | $215K | 7 |
About Mid West Services, LLC
Mid West Services, LLC is an oil and gas pipeline and related structures construction company in Weatherford, Oklahoma. Its estimated annual revenue is about $6.0M, with roughly $718K of EBITDA. It has about 12 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Mid West Services, LLC?
- The owner of Mid West 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 West Services, LLC make?
- SeeBITDA estimates Mid West Services, LLC's annual revenue at about $6.0M (likely between $4.0M and $6.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid West Services, LLC worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $718K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $1.1M–$2.8M.
- How many employees does Mid West Services, LLC have?
- About 12, as reported on its PPP loan.