Philtek Services, LLC
- David McCauleyPhiltek Services Representative · Company website
How we got $5.2M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 42% 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
What they do
Philtek Services is a support personnel firm that provides skilled, ASME certified employees on-site for industrial fabrication and manufacturing facilities throughout the United States.
From the company's website. Industry: Consulting.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SOUTHWESTERN WIRE INC · Norman, 50 mi · $312.5M
- MERCER VALVE CO., INC. · Oklahoma City, 64 mi · $232.1M
- CPRP SERVICES, LLC · Oklahoma City, 67 mi · $206.7M
- ALLIANCE STEEL, INC. · Oklahoma City, 61 mi · $192.0M
- EVANS ENTERPRISES, INC. · Norman, 56 mi · $184.2M
- MERCER VALVE CO., INC. · Oklahoma City, 64 mi · $232.1M
- ALLIANCE STEEL, INC. · Oklahoma City, 61 mi · $192.0M
- MTM RECOGNITION CORPORATION · Oklahoma City, 66 mi · $159.3M
- KEYMIAEE AERO-TECH, INC. · Oklahoma City, 68 mi · $80.0M
- APPLIED INDUSTRIAL MACHINING LLC · Oklahoma City, 65 mi · $64.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PHILTEK SERVICES, LLC this business | $8.0M | — |
| RIGHTRESOURCES, LLC Duncan · 2 employees | $1.2M | 1.6 mi |
| AUDIOCHECKS MOBILE HEARINGS LLC Duncan · 1 employees | $504K | 2.0 mi |
| MOBILE SCREEN, LLC Duncan · 1 employees | $481K | 2.0 mi |
| MADDIELUKE SUPPORT INC Duncan · 3 employees | $983K | 3.0 mi |
| CORY J MILLER CONSULTING Marlow · 1 employees | $445K | 4.7 mi |
| PLEAD THE 2ND CONSULTING SERVICES, LLC Duncan · 1 employees | $450K | 5.1 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.0M |
| Estimate: the two combined (geometric mean) | $8.0M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.2M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.7M – $7.1M |
| Revenue range | $5.3M – $9.2M |
| EBITDA range | $762K – $1.3M |
| Industry (NAICS) | Administrative Management and General Management Consulting Services (541611) |
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
“Established in the thriving oil and manufacturing town of Duncan, Oklahoma, Philtek Services proved to be a successful support personnel firm over the years since 2013.”
Advisors
- BankingLegacy 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
| Legacy Bank PPP 2020, PPP 2021 | All 727 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 | $260K | 21 |
| 1/19/2021 | second | $870K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Philtek Services, LLC
Philtek Services, LLC is a consulting company in Duncan, Oklahoma, in business since 2013. It is owned by Brad Boles (President). Its estimated annual revenue is about $8.0M, with roughly $1.2M of EBITDA. It has about 29 employees. Its estimated business value is $5.2M (likely range $2.7M–$7.1M).
Common questions
- Who owns Philtek Services, LLC?
- Philtek Services, LLC is owned by Brad Boles (President), according to public sources such as the company's website or filings.
- How much revenue does Philtek Services, LLC make?
- SeeBITDA estimates Philtek Services, LLC's annual revenue at about $8.0M (likely between $5.3M and $9.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Philtek Services, LLC worth?
- About $5.2M, roughly 4.5× its estimated EBITDA of $1.2M, typical for a consulting company its size. Likely range: $2.7M–$7.1M.
- How many employees does Philtek Services, LLC have?
- About 29, as reported on its PPP loan.
- When was Philtek Services, LLC founded?
- Philtek Services, LLC has been in business since 2013.