Primeco Services, LLC
How we got $578K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Primeco Services LLC rents portable toilets and provides sanitary and septic services for special events, construction sites, oil field work, and handwashing stations, serving customers in Oklahoma City and surrounding areas.
From the company's website. Industry: Septic Tank and Related Services.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 20 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 20 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 13 mi · $711.6M
- T/J INSPECTION, INC. · Del City, 12 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 11 mi · $557.7M
Estimated value over time
▲ 45% 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 |
|---|---|---|
| PRIMECO SERVICES, LLC this business | $1.2M | — |
| Dependable Septic Service Tuttle | $2.4M | 5.4 mi |
| LA-KCHAO, L.L.C. Oklahoma City · 4 employees | $1.3M | 7.6 mi |
| M&T Septic & Backhoe Services Blanchard | $2.4M | 7.9 mi |
| DEEPREACH OXIDATION LLC Norman · 2 employees | $1.0M | 8.0 mi |
| BIO SERVICES, LLC Mustang · 6 employees | $1.6M | 8.3 mi |
| TEC-AN, INC. Oklahoma City · 31 employees | $8.9M | 8.4 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $222K |
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 | $578K |
| Multiple for this size and industry | 2.6× |
| Value range | $304K – $790K |
| Revenue range | $821K – $1.4M |
| EBITDA range | $146K – $253K |
| Industry (NAICS) | Septic Tank and Related Services (562991) |
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. 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
- BankingValliance 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
| Valliance Bank PPP 2020, PPP 2021 | All 439 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $37K | 5 |
| 3/3/2021 | second | $37K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Primeco Services, LLC
Primeco Services, LLC is a septic tank and related services company in Oklahoma City, Oklahoma, in business since 2014. Its estimated annual revenue is about $1.2M, with roughly $222K of EBITDA. It has about 5 employees. Its estimated business value is $578K (likely range $304K–$790K).
Common questions
- Who owns Primeco Services, LLC?
- The owner of Primeco Services, 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 Primeco Services, LLC make?
- SeeBITDA estimates Primeco Services, LLC's annual revenue at about $1.2M (likely between $821K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Primeco Services, LLC worth?
- About $578K, roughly 2.6× its estimated EBITDA of $222K, typical for a septic tank and related services company its size. Likely range: $304K–$790K.
- How many employees does Primeco Services, LLC have?
- About 5, as reported on its PPP loan.
- When was Primeco Services, LLC founded?
- Primeco Services, LLC has been in business since 2014.