SeeBITDAOklahoma

Porterfield Surveying, Inc

  • 1610 N imo rd, Enid, OK
  • Since 2018
Estimated valueMedium confidence
$594K
$313Klikely range$813K
About 2.9× its yearly profit, typical for a company this size in its industry.
Revenue
$1.0M
a year
Profit (EBITDA)
$205K
20% of revenue
Employees
5
reported in 2020
Jarod Watkins
President · source

How we got $594K

Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.

5 employees × $177K each$885K
PPP payroll ÷ payroll's usual share of revenue$928K
Shown toward the top of its range×1.14
Revenue$1.0M
× 20% profit margin$205K
× 2.9 sale multiple = value$594K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

What they do

Porterfield Surveying, Inc. is a locally owned and operated land surveying firm in Oklahoma that provides land surveying services. It offers free estimates for surveys.

Products & services
Boundary SurveyTopographic SurveyResidential/Commercial Development SurveyALTA SurveysDrone ServicesRTK Drones for topographic and mapping surveys
Markets served
Urban and rural subdivisions
Service area
Oklahoma

From the company's website. Industry: Engineering & architecture.

Estimated value over time

▲ 33% since 2020
$0$342K$683K20202026

Today'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

BusinessEst. revenueEst. profitDistance
PORTERFIELD SURVEYING, INC
this business
$1.0M$205K—
U.S. Cellular Authorized Agent - Premier Locations
Enid
$9.9M$1.6M2.5 mi
MYERS LAWN & LANDSCAPING LLC
Enid · 3 employees
$1.1M$212K4.2 mi
Dash Cellular Repair Enid
Enid
$2.0M$393K4.3 mi
FX Toyz PC Shop
Enid
$2.0M$393K4.3 mi
Reeves Technology Solutions
Enid
$2.0M$393K4.6 mi
DESTECH ENTERPRISES LLC
Enid · 5 employees
$1.1M$222K5.0 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$885K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$928K
Estimate: the two combined (geometric mean)$1.0M
EBITDA margin (industry, adjusted for size)20%
EBITDA = revenue × margin$205K

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$594K
Multiple for this size and industry2.9×
Value range$313K – $813K
Revenue range$679K – $1.2M
EBITDA range$135K – $234K
Industry (NAICS)Surveying and Mapping (except Geophysical) Services (541370)

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

Founded by Finley Porterfield
“Porterfield Surveying, Inc. is a locally owned and operated surveying firm that was formed in the 1970's by Finley Porterfield.”

Leadership

  • DT
    Danny Turner
    Professional Land Surveyor · Company website · source
  • RL
    Rick Lunday
    Land Surveyor · Company website · source
  • LD
    Luis DeCasas
    Land Surveyor · Company website · source

Advisors

  • BankingCowboy 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

Cowboy Bank
PPP 2020, PPP 2021
All 286 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/3/2020first$46K$47K5Cowboy Bank
1/16/2021second$53K$53K5Cowboy Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Porterfield Surveying, Inc

Porterfield Surveying, Inc is an engineering & architecture company in Enid, Oklahoma, in business since 2018. It is owned by Jarod Watkins (President). Its estimated annual revenue is about $1.0M, with roughly $205K of EBITDA. It has about 5 employees. Its estimated business value is $594K (likely range $313K–$813K).

Common questions

Who owns Porterfield Surveying, Inc?
Porterfield Surveying, Inc is owned by Jarod Watkins (President), according to public sources such as the company's website or filings.
How much revenue does Porterfield Surveying, Inc make?
SeeBITDA estimates Porterfield Surveying, Inc's annual revenue at about $1.0M (likely between $679K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Porterfield Surveying, Inc worth?
About $594K, roughly 2.9× its estimated EBITDA of $205K, typical for a engineering & architecture company its size. Likely range: $313K–$813K.
How many employees does Porterfield Surveying, Inc have?
About 5, as reported on its PPP loan.
When was Porterfield Surveying, Inc founded?
Porterfield Surveying, Inc has been in business since 2018.