Pace Exploration LLC
How we got $2.6M
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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 |
|---|---|---|
| PACE EXPLORATION LLC this business | $2.7M | — |
| WACHTMAN OIL, LLC Tulsa · 1 employees | $4.5M | 0.9 mi |
| HARRISON-WRIGHT OIL COMPANY LLC Tulsa · 1 employees | $4.0M | 1.0 mi |
| LANDENERGY, LLC Tulsa · 4 employees | $11.9M | 1.5 mi |
| ELKHORN ENERGY, LLC Tulsa · 10 employees | $54.6M | 1.6 mi |
| Elkhorn Gas Processing Tulsa | $1.3M | 1.6 mi |
| MARSTAR HOLDINGS LLC Tulsa · 1 employees | $4.5M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $808K |
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 | $2.6M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.4M – $3.5M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $532K – $922K |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2020 | first | $7K | 1 |
About Pace Exploration LLC
Pace Exploration LLC is a crude petroleum extraction company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.7M, with roughly $808K of EBITDA. It has about 1 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.5M).
Common questions
- Who owns Pace Exploration LLC?
- The owner of Pace Exploration 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 Pace Exploration LLC make?
- SeeBITDA estimates Pace Exploration LLC's annual revenue at about $2.7M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pace Exploration LLC worth?
- About $2.6M, roughly 3.2× its estimated EBITDA of $808K, typical for a crude petroleum extraction company its size. Likely range: $1.4M–$3.5M.
- How many employees does Pace Exploration LLC have?
- About 1, as reported on its PPP loan.