Mikes Engine Service, Inc.
How we got $804K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| MIKES ENGINE SERVICE, INC. this business | $997K | — |
| STREAMLINE OIL AND GAS, INC Lindsay · 7 employees | $3.1M | 0.4 mi |
| TONY GOSNELL OPERATING, LLC Lindsay · 11 employees | $3.5M | 0.5 mi |
| T&T FORKLIFT SERVICE, INC. Lindsay · 12 employees | $6.2M | 0.5 mi |
| T & T FORKLIFT SERVICES INC. Lindsay · 18 employees | $7.0M | 0.5 mi |
| HINES LOCATION LIGHTING, INC. Lindsay · 23 employees | $12.6M | 0.6 mi |
| WILDCAT SWABBING, INC Lindsay · 15 employees | $5.5M | 0.6 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) | $813K |
| Estimate: the two combined (geometric mean) | $997K |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $335K |
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 | $804K |
| Multiple for this size and industry | 2.4× |
| Value range | $423K – $1.1M |
| Revenue range | $656K – $1.1M |
| EBITDA range | $220K – $382K |
| 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
- BankingAmerican Exchange Bank, Lindsay, OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| American Exchange Bank, Lindsay, Oklahoma PPP 2020 | All 68 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $20K | 2 |
About Mikes Engine Service, Inc.
Mikes Engine Service, Inc. is an oil & gas company in Lindsay, Oklahoma. Its estimated annual revenue is about $997K, with roughly $335K of EBITDA. It has about 2 employees. Its estimated business value is $804K (likely range $423K–$1.1M).
Common questions
- Who owns Mikes Engine Service, Inc.?
- The owner of Mikes Engine Service, 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 Mikes Engine Service, Inc. make?
- SeeBITDA estimates Mikes Engine Service, Inc.'s annual revenue at about $997K (likely between $656K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mikes Engine Service, Inc. worth?
- About $804K, roughly 2.4× its estimated EBITDA of $335K, typical for a oil & gas company its size. Likely range: $423K–$1.1M.
- How many employees does Mikes Engine Service, Inc. have?
- About 2, as reported on its PPP loan.