Nitro-Lift Fabrication, LLC
How we got $11.4M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NITRO-LIFT FABRICATION, LLC this business | $10.6M | — |
| NITRO LIFT FABRICATIONS LLC Mill Creek · 68 employees | $35.8M | 0.0 mi |
| WILLIAM KEMP Tishomingo · 1 employees | $480K | 4.8 mi |
| JP CONSULTANTS, LLC Madill · 43 employees | $22.6M | 10.7 mi |
| SPARLIN HOT OIL SERVICE INC. Madill · 4 employees | $1.9M | 11.2 mi |
| CHAPPELL INC Madill · 1 employees | $555K | 15.2 mi |
| REDLINE INSTRUMENTS INC. Sulphur · 15 employees | $6.4M | 19.0 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.7M |
| Estimate: the two combined (geometric mean) | $10.6M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.6M |
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 | $11.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.0M – $15.6M |
| Revenue range | $7.0M – $12.1M |
| EBITDA range | $1.7M – $3.0M |
| 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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 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 | $275K | 20 |
About Nitro-Lift Fabrication, LLC
Nitro-Lift Fabrication, LLC is an oil & gas company in Mill Creek, Oklahoma. Its estimated annual revenue is about $10.6M, with roughly $2.6M of EBITDA. It has about 20 employees. Its estimated business value is $11.4M (likely range $6.0M–$15.6M).
Common questions
- Who owns Nitro-Lift Fabrication, LLC?
- The owner of Nitro-Lift Fabrication, 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 Nitro-Lift Fabrication, LLC make?
- SeeBITDA estimates Nitro-Lift Fabrication, LLC's annual revenue at about $10.6M (likely between $7.0M and $12.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nitro-Lift Fabrication, LLC worth?
- About $11.4M, roughly 4.4× its estimated EBITDA of $2.6M, typical for a oil & gas company its size. Likely range: $6.0M–$15.6M.
- How many employees does Nitro-Lift Fabrication, LLC have?
- About 20, as reported on its PPP loan.