Nitro Lift Fabrications LLC
How we got $42.3M
Based on 68 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 4% since 2021Today'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 FABRICATIONS LLC this business | $35.8M | — |
| NITRO-LIFT FABRICATION, LLC Mill Creek · 20 employees | $10.6M | 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 | 68 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $35.8M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $8.1M |
| Cross-check: revenue implied by PPP payroll | $9.7M |
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 | $42.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $20.0M – $60.0M |
| Revenue range | $21.2M – $42.3M |
| EBITDA range | $4.8M – $9.6M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- 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 Roles are as stated there and may be out of date.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 2021 | 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 |
|---|---|---|---|
| 1/29/2021 | second | $275K | 68 |
About Nitro Lift Fabrications LLC
Nitro Lift Fabrications LLC is an oil & gas company in Mill Creek, Oklahoma. Its estimated annual revenue is about $35.8M, with roughly $8.1M of EBITDA. It has about 68 employees. Its estimated business value is $42.3M (likely range $20.0M–$60.0M).
Common questions
- Who owns Nitro Lift Fabrications LLC?
- The owner of Nitro Lift Fabrications 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 Fabrications LLC make?
- SeeBITDA estimates Nitro Lift Fabrications LLC's annual revenue at about $35.8M (likely between $21.2M and $42.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nitro Lift Fabrications LLC worth?
- About $42.3M, roughly 5.2× its estimated EBITDA of $8.1M, typical for a oil & gas company its size. Likely range: $20.0M–$60.0M.
- How many employees does Nitro Lift Fabrications LLC have?
- About 68, as reported on its PPP loan.