S&m Welding, LLC
How we got $2.3M
Based on its 5 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 |
|---|---|---|
| S&M WELDING, LLC this business | $2.6M | — |
| 3G MANIFOLD, LLC Elk City · 1 employees | $608K | 0.2 mi |
| BCG HOLDINGS, LLC Elk City · 3 employees | $1.2M | 0.2 mi |
| BGC HOLDINGS LLC Elk City · 1 employees | $746K | 0.2 mi |
| TLR WELL SERVICES, INC Elk City · 35 employees | $19.4M | 0.3 mi |
| F& H DRILLING SERVICE, INC Elk City · 4 employees | $1.9M | 0.3 mi |
| R M WATSON MUD ENGINEERING LLC Elk City · 1 employees | $540K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 5 |
| 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) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $783K |
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 | $2.3M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.2M |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $515K – $893K |
| 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
History & advisors
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/28/2020 | first | $72K | 5 |
| 1/25/2021 | second | $72K | 3 |
About S&m Welding, LLC
S&m Welding, LLC is an oil & gas company in Elk City, Oklahoma. Its estimated annual revenue is about $2.6M, with roughly $783K of EBITDA. It has about 5 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns S&m Welding, LLC?
- The owner of S&m Welding, 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 S&m Welding, LLC make?
- SeeBITDA estimates S&m Welding, LLC's annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is S&m Welding, LLC worth?
- About $2.3M, roughly 3× its estimated EBITDA of $783K, typical for a oil & gas company its size. Likely range: $1.2M–$3.2M.
- How many employees does S&m Welding, LLC have?
- About 5, as reported on its PPP loan.