Roger L. Spring LLC
How we got $438K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| ROGER L. SPRING LLC this business | $556K | — |
| Cloer Equipment Co Llc Oklahoma City | $1.5M | 0.9 mi |
| ELK CREEK RESOURCES LLC Oklahoma City · 1 employees | $759K | 2.0 mi |
| BlackJack Production Tools Oklahoma City | $1.5M | 2.7 mi |
| TIER HYDROCARBON EXPLORATIONS, LLC Oklahoma City · 3 employees | $2.0M | 3.2 mi |
| M&m Energy Supply Co. (corporate Office) Oklahoma City | $1.5M | 3.2 mi |
| NEWPOINT, LLC Oklahoma City · 17 employees | $4.0M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $556K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $219K |
| Cross-check: revenue implied by PPP payroll | $124K |
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 | $438K |
| Multiple for this size and industry | 2× |
| Value range | $207K – $622K |
| Revenue range | $329K – $658K |
| EBITDA range | $130K – $259K |
| 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
People & advisors
Advisors
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $3K | 1 |
About Roger L. Spring LLC
Roger L. Spring LLC is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $556K, with roughly $219K of EBITDA. It has about 1 employees. Its estimated business value is $438K (likely range $207K–$622K).
Common questions
- Who owns Roger L. Spring LLC?
- The owner of Roger L. Spring 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 Roger L. Spring LLC make?
- SeeBITDA estimates Roger L. Spring LLC's annual revenue at about $556K (likely between $329K and $658K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Roger L. Spring LLC worth?
- About $438K, roughly 2× its estimated EBITDA of $219K, typical for a oil & gas company its size. Likely range: $207K–$622K.
- How many employees does Roger L. Spring LLC have?
- About 1, as reported on its PPP loan.