S & E Resources Inc.
How we got $5.7M
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 23% since 2021Today'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 |
|---|---|---|
| S & E RESOURCES INC. this business | $5.4M | — |
| CLEVELAND PETROLEUM PRODUCTS, INC. Cleveland · 72 employees | $234.3M | 2.1 mi |
| RALSTON FARMERS FUEL AND OIL, INC. Cleveland · 15 employees | $55.5M | 2.2 mi |
| ELITE RESOURCES, INC Cleveland · 3 employees | $9.3M | 3.1 mi |
| BD OPERATING LLC Cleveland · 1 employees | $4.6M | 3.1 mi |
| BSO, INC. Cleveland · 8 employees | $32.5M | 3.1 mi |
| SPESS OIL COMPANY Cleveland · 46 employees | $167.9M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $5.4M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.5M |
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 | $5.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $3.0M – $7.8M |
| Revenue range | $3.5M – $6.1M |
| EBITDA range | $983K – $1.7M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingBlue Sky 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 Roles are as stated there and may be out of date.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
| Blue Sky Bank PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2021 | first | $15K | 2 |
About S & E Resources Inc.
S & E Resources Inc. is a crude petroleum extraction company in Osage, Oklahoma. Its estimated annual revenue is about $5.4M, with roughly $1.5M of EBITDA. It has about 2 employees. Its estimated business value is $5.7M (likely range $3.0M–$7.8M).
Common questions
- Who owns S & E Resources Inc.?
- The owner of S & E Resources 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 S & E Resources Inc. make?
- SeeBITDA estimates S & E Resources Inc.'s annual revenue at about $5.4M (likely between $3.5M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is S & E Resources Inc. worth?
- About $5.7M, roughly 3.8× its estimated EBITDA of $1.5M, typical for a crude petroleum extraction company its size. Likely range: $3.0M–$7.8M.
- How many employees does S & E Resources Inc. have?
- About 2, as reported on its PPP loan.