Rimrock Services, LLC
How we got $126.5M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 29% 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
▼ 16% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 25 | $82.9M |
| 2020 | Form 5500 | 18 | $59.7M |
| 2021 | Form 5500 | 18 | $59.7M |
| 2022 | Form 5500 | 19 | $63.0M |
| 2023 | Form 5500 | 23 | $76.3M |
| 2024 | Form 5500 | 21 | $69.6M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RIMROCK SERVICES, LLC this business | $99.4M | — |
| BECK'S FORKLIFT SERVICE LLC Elk City · 8 employees | $25.3M | 2.8 mi |
| PANOPTIC COLLABORATION LLC Elk City · 1 employees | $2.9M | 2.8 mi |
| TRIPLE E SERVICES LLC Elk City · 1 employees | $3.1M | 2.8 mi |
| RESISTOL SERVICES, LLC Elk City · 3 employees | $13.9M | 3.6 mi |
| 1SOURCE CONTROL PRODUCTS, LLC Elk City · 1 employees | $3.4M | 4.1 mi |
| DYER CONSULTING, LLC Elk City · 3 employees | $10.0M | 4.5 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $97.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $77.7M |
| Estimate: the two combined (geometric mean) | $99.4M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $19.8M |
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 | $126.5M |
| Multiple for this size and industry | 6.4× |
| Value range | $66.6M – $173.1M |
| Revenue range | $65.4M – $113.4M |
| EBITDA range | $13.0M – $22.5M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
Leadership
- LGLaura GreenSigned for the company · 2023 retirement-plan filing (Form 5500)
Advisors
- BankingThe First National Bank & TrustPPP / 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
| First Bank and Trust Co PPP 2020, PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $409K | 25 |
| 1/30/2021 | second | $215K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rimrock Services, LLC
Rimrock Services, LLC is a crude petroleum extraction company in Elk City, Oklahoma, in business since 2011. Its estimated annual revenue is about $99.4M, with roughly $19.8M of EBITDA. It has about 21 employees. Its estimated business value is $126.5M (likely range $66.6M–$173.1M).
Common questions
- Who owns Rimrock Services, LLC?
- The owner of Rimrock 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 Rimrock Services, LLC make?
- SeeBITDA estimates Rimrock Services, LLC's annual revenue at about $99.4M (likely between $65.4M and $113.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rimrock Services, LLC worth?
- About $126.5M, roughly 6.4× its estimated EBITDA of $19.8M, typical for a crude petroleum extraction company its size. Likely range: $66.6M–$173.1M.
- How many employees does Rimrock Services, LLC have?
- About 21, from its 2024 retirement-plan filing.
- When was Rimrock Services, LLC founded?
- Rimrock Services, LLC has been in business since 2011.