Sallee Oil Corporation
How we got $1.5M
Based on its 3 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 |
|---|---|---|
| SALLEE OIL CORPORATION this business | $1.5M | — |
| CALGARY ENERGY, LLC Collinsville · 16 employees | $6.9M | 1.4 mi |
| C K INSPECTION CO INC Owasso · 9 employees | $2.9M | 3.3 mi |
| CK INSPECTION CO., INC Owasso · 8 employees | $3.1M | 3.3 mi |
| C.H. COLPITT DRILLING COMPANY Collinsville · 2 employees | $946K | 3.6 mi |
| Extract Production Services Skiatook | $1.5M | 4.1 mi |
| CALGARY ENERGY LLC Skiatook · 18 employees | $7.3M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $507K |
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 | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $800K – $2.1M |
| Revenue range | $992K – $1.7M |
| EBITDA range | $333K – $578K |
| 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 Exchange 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 Roles are as stated there and may be out of date.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
| The Exchange Bank PPP 2020, PPP 2021 | All 125 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $31K | 3 |
| 1/17/2021 | second | $31K | 3 |
About Sallee Oil Corporation
Sallee Oil Corporation is an oil & gas company in Collinsville, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $507K of EBITDA. It has about 3 employees. Its estimated business value is $1.5M (likely range $800K–$2.1M).
Common questions
- Who owns Sallee Oil Corporation?
- The owner of Sallee Oil Corporation 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 Sallee Oil Corporation make?
- SeeBITDA estimates Sallee Oil Corporation's annual revenue at about $1.5M (likely between $992K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sallee Oil Corporation worth?
- About $1.5M, roughly 3× its estimated EBITDA of $507K, typical for a oil & gas company its size. Likely range: $800K–$2.1M.
- How many employees does Sallee Oil Corporation have?
- About 3, as reported on its PPP loan.