Orco Service LLC
How we got $12.8M
Based on its 22 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 1% 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
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ORCO SERVICE LLC this business | $12.0M | — |
| CHOATE DISPOSAL SERVICES, LLC Hennessey · 5 employees | $2.2M | 2.0 mi |
| LINCOLN SERVICES LLC Hennessey · 3 employees | $1.8M | 2.4 mi |
| SURGE WELL SERVICE INC Hennessey · 25 employees | $11.7M | 2.5 mi |
| RANGER OILFIELD SERVICE, CORPORATION Hennessey · 58 employees | $30.7M | 2.6 mi |
| JP HYDROTESTING LLC Hennessey · 8 employees | $3.5M | 2.6 mi |
| TINA GILLILAND & COMPANY, LLC Hennessey · 1 employees | $391K | 2.7 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.7M |
| Estimate: the two combined (geometric mean) | $12.0M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.9M |
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 | $12.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.8M – $17.6M |
| Revenue range | $7.9M – $13.6M |
| EBITDA range | $1.9M – $3.3M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/8/2021 | second | $450K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Orco Service LLC
Orco Service LLC is an oil & gas company in Hennessey, Oklahoma, in business since 2007. Its estimated annual revenue is about $12.0M, with roughly $2.9M of EBITDA. It has about 22 employees. Its estimated business value is $12.8M (likely range $6.8M–$17.6M).
Common questions
- Who owns Orco Service LLC?
- The owner of Orco Service 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 Orco Service LLC make?
- SeeBITDA estimates Orco Service LLC's annual revenue at about $12.0M (likely between $7.9M and $13.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Orco Service LLC worth?
- About $12.8M, roughly 4.4× its estimated EBITDA of $2.9M, typical for a oil & gas company its size. Likely range: $6.8M–$17.6M.
- How many employees does Orco Service LLC have?
- About 22, as reported on its PPP loan.
- When was Orco Service LLC founded?
- Orco Service LLC has been in business since 2007.