Powell's Service Inc
How we got $6.6M
Based on its 17 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 4% 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 22 years (since 2004)
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 |
|---|---|---|
| POWELL'S SERVICE INC this business | $6.6M | — |
| Palo Duro Midstream Elk City | $1.5M | 0.7 mi |
| DR SWAB SERVICES, LLC. Elk City · 5 employees | $2.7M | 1.1 mi |
| LAYTON'S FLOWBACK & PRODUCTION SERVICES, LLC. Elk City · 2 employees | $1.1M | 1.3 mi |
| VERITAS SPECIALTY SERVICES, LLC Elk City · 1 employees | $703K | 1.4 mi |
| GOLD BUCKLE SERVICES LLC Elk City · 5 employees | $2.2M | 1.4 mi |
| BAKER SPECIALTY SERVICES LLC Elk City · 2 employees | $986K | 1.4 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.6M |
| Estimate: the two combined (geometric mean) | $6.6M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.8M |
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 | 3.6× |
| Value range | $3.5M – $9.0M |
| Revenue range | $4.3M – $7.5M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | second | $172K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Powell's Service Inc
Powell's Service Inc is an oil & gas company in Elk City, Oklahoma, in business since 2004. Its estimated annual revenue is about $6.6M, with roughly $1.8M of EBITDA. It has about 17 employees. Its estimated business value is $6.6M (likely range $3.5M–$9.0M).
Common questions
- Who owns Powell's Service Inc?
- The owner of Powell's Service Inc 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 Powell's Service Inc make?
- SeeBITDA estimates Powell's Service Inc's annual revenue at about $6.6M (likely between $4.3M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Powell's Service Inc worth?
- About $6.6M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a oil & gas company its size. Likely range: $3.5M–$9.0M.
- How many employees does Powell's Service Inc have?
- About 17, as reported on its PPP loan.
- When was Powell's Service Inc founded?
- Powell's Service Inc has been in business since 2004.