Parthenon Trading Company
How we got $6.6M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PARTHENON TRADING COMPANY this business | $6.2M | — |
| SULLIVAN AND COMPANY LLC Tulsa · 4 employees | $16.6M | 0.0 mi |
| E2 OPERATING LLC Tulsa · 10 employees | $44.3M | 0.1 mi |
| E2 OPERATIONS LLC Tulsa · 10 employees | $44.2M | 0.1 mi |
| PARDUS OIL AND GAS OPERATING LP Tulsa · 6 employees | $24.9M | 0.2 mi |
| TRIPLE CROWN ENERGY LLC Tulsa · 20 employees | $102.8M | 0.3 mi |
| DECK OIL CO Tulsa · 4 employees | $13.1M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.8M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.7M |
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 | $6.6M |
| Multiple for this size and industry | 3.8× |
| Value range | $3.5M – $9.0M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $1.1M – $2.0M |
| 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
People & advisors
Advisors
- BankingThe Central Trust 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 Roles are as stated there and may be out of date.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
| The Central Trust Bank PPP 2020 | All 323 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 | $20K | 2 |
About Parthenon Trading Company
Parthenon Trading Company is a crude petroleum extraction company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.2M, with roughly $1.7M of EBITDA. It has about 2 employees. Its estimated business value is $6.6M (likely range $3.5M–$9.0M).
Common questions
- Who owns Parthenon Trading Company?
- The owner of Parthenon Trading Company 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 Parthenon Trading Company make?
- SeeBITDA estimates Parthenon Trading Company's annual revenue at about $6.2M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Parthenon Trading Company worth?
- About $6.6M, roughly 3.8× its estimated EBITDA of $1.7M, typical for a crude petroleum extraction company its size. Likely range: $3.5M–$9.0M.
- How many employees does Parthenon Trading Company have?
- About 2, as reported on its PPP loan.