Pumping Unit Service Inc.
How we got $2.0M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PUMPING UNIT SERVICE INC. this business | $2.2M | — |
| Stream Line Lindsay | $1.5M | 0.2 mi |
| YANDELL WELL SERVICE Lindsay · 3 employees | $969K | 0.2 mi |
| B & B TOOL CO., INC Lindsay · 2 employees | $831K | 0.3 mi |
| WILSON & WILSON OILFIELD SERVICES Lindsay · 8 employees | $3.6M | 0.3 mi |
| HINES LOCATION LIGHTING, INC. Lindsay · 23 employees | $12.6M | 0.3 mi |
| WILDCAT SWABBING, INC Lindsay · 15 employees | $5.5M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $667K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.7M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $439K – $761K |
| 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
People & advisors
Advisors
- BankingThe First National Bank of LindsayPPP / 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 Roles are as stated there and may be out of date.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
| The First National Bank of Lindsay PPP 2020, PPP 2021 | All 58 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 | $50K | 4 |
| 1/16/2021 | second | $50K | 4 |
About Pumping Unit Service Inc.
Pumping Unit Service Inc. is an oil & gas company in Lindsay, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $667K of EBITDA. It has about 4 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.7M).
Common questions
- Who owns Pumping Unit Service Inc.?
- The owner of Pumping Unit 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 Pumping Unit Service Inc. make?
- SeeBITDA estimates Pumping Unit Service Inc.'s annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pumping Unit Service Inc. worth?
- About $2.0M, roughly 3× its estimated EBITDA of $667K, typical for a oil & gas company its size. Likely range: $1.1M–$2.7M.
- How many employees does Pumping Unit Service Inc. have?
- About 4, as reported on its PPP loan.