Mmr Petroleum Inc
How we got $13.5M
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| MMR PETROLEUM INC this business | $61.9M | — |
| LAURCO ENERGIES INC Ardmore · 1 employees | $20.6M | 11.1 mi |
| MARTIN PETROLEUM INC Marietta · 1 employees | $13.0M | 27.1 mi |
| KECK'S PROPANE LLC Foster · 2 employees | $14.0M | 33.8 mi |
| WESTERN FUEL CO., LLC Maysville · 3 employees | $49.3M | 38.0 mi |
| P&C SERVICE INC. Lindsay · 3 employees | $28.6M | 44.4 mi |
| ELITE FUEL SERVICES, LLC Purcell · 2 employees | $26.1M | 45.8 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $5.1M |
| Revenue = employees × revenue per employee | $61.9M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $2.6M |
| Cross-check: revenue implied by PPP payroll | $11.2M |
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 | $13.5M |
| Multiple for this size and industry | 5.2× |
| Value range | $6.4M – $19.2M |
| Revenue range | $36.6M – $73.3M |
| EBITDA range | $1.5M – $3.1M |
| Industry (NAICS) | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingUS Metro Bank, Prosperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2021 | All 748 borrowers → |
| US Metro Bank PPP 2020 | All 5 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $13K | 3 |
| 2/17/2021 | second | $17K | 3 |
About Mmr Petroleum Inc
Mmr Petroleum Inc is a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company in Springer, Oklahoma. Its estimated annual revenue is about $61.9M, with roughly $2.6M of EBITDA. It has about 3 employees. Its estimated business value is $13.5M (likely range $6.4M–$19.2M).
Common questions
- Who owns Mmr Petroleum Inc?
- The owner of Mmr Petroleum 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 Mmr Petroleum Inc make?
- SeeBITDA estimates Mmr Petroleum Inc's annual revenue at about $61.9M (likely between $36.6M and $73.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mmr Petroleum Inc worth?
- About $13.5M, roughly 5.2× its estimated EBITDA of $2.6M, typical for a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company its size. Likely range: $6.4M–$19.2M.
- How many employees does Mmr Petroleum Inc have?
- About 3, as reported on its PPP loan.