Pro-Tech Hardbanding Services Inc.
How we got $4.7M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $2.5M |
| 2020 | Form 5500 | 6 | $2.2M |
| 2021 | Form 5500 | 6 | $2.2M |
| 2022 | Form 5500 | 8 | $2.9M |
| 2023 | Form 5500 | 8 | $2.9M |
| 2024 | Form 5500 | 9 | $3.2M |
| 2025 | Form 5500 | 7 | $2.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Pro-Tech Hardbanding Services, Inc. is a hardbanding company based in Oklahoma City, OK, focused only on hardbanding services for drill pipe and related oilfield tubulars. It has been operating since 1987.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PRO-TECH HARDBANDING SERVICES INC. this business | $4.7M | — |
| Big T Oil Tools Llc Oklahoma City | $1.5M | 0.2 mi |
| Master Pumps & Power Oklahoma City | $2.9M | 0.4 mi |
| HARRIS SALES CO. Oklahoma City · 4 employees | $2.6M | 0.4 mi |
| Hydrostatic Engineering Oklahoma City | $1.5M | 0.6 mi |
| Blevins Oil Field Oklahoma City | $1.5M | 0.7 mi |
| OPTIMUM OILFIELD SERVICES, LLC Oklahoma City · 3 employees | $1.8M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.5M – $6.4M |
| Revenue range | $3.1M – $5.3M |
| EBITDA range | $852K – $1.5M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
History & advisors
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 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 | $169K | 7 |
| 1/26/2021 | second | $99K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pro-Tech Hardbanding Services Inc.
Pro-Tech Hardbanding Services Inc. is an oil & gas company in Oklahoma City, Oklahoma, in business since 2002. Its estimated annual revenue is about $4.7M, with roughly $1.3M of EBITDA. It has about 7 employees. Its estimated business value is $4.7M (likely range $2.5M–$6.4M).
Common questions
- Who owns Pro-Tech Hardbanding Services Inc.?
- The owner of Pro-Tech Hardbanding Services 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 Pro-Tech Hardbanding Services Inc. make?
- SeeBITDA estimates Pro-Tech Hardbanding Services Inc.'s annual revenue at about $4.7M (likely between $3.1M and $5.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pro-Tech Hardbanding Services Inc. worth?
- About $4.7M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a oil & gas company its size. Likely range: $2.5M–$6.4M.
- How many employees does Pro-Tech Hardbanding Services Inc. have?
- About 7, from its 2025 retirement-plan filing.
- When was Pro-Tech Hardbanding Services Inc. founded?
- Pro-Tech Hardbanding Services Inc. has been in business since 2002.