Newtex Energy Corp
How we got $960K
Based on 12 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEWTEX ENERGY CORP this business | $8.7M | — |
| KEMNITZ OIL COMPANY, INC Perry · 4 employees | $7.4M | 2.2 mi |
| CLASSICS REMEMBERED LLC Morrison · 14 employees | $5.9M | 17.3 mi |
| CIMARRON PRIDE, LLC Perkins · 18 employees | $13.2M | 25.9 mi |
| TONYS QUICK STOP LLC Guthrie · 5 employees | $2.9M | 28.3 mi |
| MO HOLDINGS LLC Guthrie · 11 employees | $5.4M | 28.6 mi |
| BANGLA MUKHI LLC Guthrie · 2 employees | $2.9M | 28.7 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Industry revenue per employee | $300K |
| Revenue = employees × revenue per employee | $8.7M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $400K |
| Cross-check: revenue implied by PPP payroll | $1.5M |
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 | $960K |
| Multiple for this size and industry | 2.4× |
| Value range | $455K – $1.4M |
| Revenue range | $5.1M – $10.2M |
| EBITDA range | $237K – $474K |
| Industry (NAICS) | Retail Trade (447110) |
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: approximate sector default. 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
- BankingFirst State 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 Roles are as stated there and may be out of date.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
| First State Bank PPP 2020, PPP 2021 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $12K | 7 |
| 2/17/2021 | second | $27K | 12 |
About Newtex Energy Corp
Newtex Energy Corp is a retail trade company in Perry, Oklahoma. Its estimated annual revenue is about $8.7M, with roughly $400K of EBITDA. It has about 12 employees. Its estimated business value is $960K (likely range $455K–$1.4M).
Common questions
- Who owns Newtex Energy Corp?
- The owner of Newtex Energy Corp 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 Newtex Energy Corp make?
- SeeBITDA estimates Newtex Energy Corp's annual revenue at about $8.7M (likely between $5.1M and $10.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newtex Energy Corp worth?
- About $960K, roughly 2.4× its estimated EBITDA of $400K, typical for a retail trade company its size. Likely range: $455K–$1.4M.
- How many employees does Newtex Energy Corp have?
- About 12, as reported on its PPP loan.