Ong Flowline Products, LLC
How we got $3.8M
Based on its 6 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 |
|---|---|---|
| ONG FLOWLINE PRODUCTS, LLC this business | $3.4M | — |
| PAR 5 CONTRACTING LLC Sulphur · 1 employees | $543K | 1.3 mi |
| 007 OPERATING LLC Sulphur · 2 employees | $1.3M | 2.1 mi |
| Kemper Valve & Fittings Sulphur | $1.5M | 2.2 mi |
| PETTIFER MUD CONSULTING Sulphur · 1 employees | $620K | 2.6 mi |
| REDLINE INSTRUMENTS INC. Sulphur · 15 employees | $6.4M | 3.7 mi |
| SAFETY PLUS USA LLC Sulphur · 28 employees | $14.7M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.8M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.0M – $5.2M |
| Revenue range | $2.3M – $3.9M |
| EBITDA range | $689K – $1.2M |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $108K | 6 |
| 1/21/2021 | second | $108K | 6 |
About Ong Flowline Products, LLC
Ong Flowline Products, LLC is an oil & gas company in Sulphur, Oklahoma. Its estimated annual revenue is about $3.4M, with roughly $1.0M of EBITDA. It has about 6 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Ong Flowline Products, LLC?
- The owner of Ong Flowline Products, 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 Ong Flowline Products, LLC make?
- SeeBITDA estimates Ong Flowline Products, LLC's annual revenue at about $3.4M (likely between $2.3M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ong Flowline Products, LLC worth?
- About $3.8M, roughly 3.6× its estimated EBITDA of $1.0M, typical for a oil & gas company its size. Likely range: $2.0M–$5.2M.
- How many employees does Ong Flowline Products, LLC have?
- About 6, as reported on its PPP loan.