Sec Production, Inc
How we got $688K
Based on its 2 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 |
|---|---|---|
| SEC PRODUCTION, INC this business | $854K | — |
| DOWDY LAND SERVICES LLC Edmond · 2 employees | $981K | 0.2 mi |
| REDSKY LAND, LLC Edmond · 8 employees | $5.0M | 0.3 mi |
| CENTENNIAL LAND COMPANY Edmond · 2 employees | $1.3M | 0.4 mi |
| GridShift Solar Lighting Edmond | $1.5M | 0.5 mi |
| MCMILLAN OIL & GAS, L.L.C. Edmond · 1 employees | $676K | 0.6 mi |
| VK ENTERPRISES, INC Edmond · 10 employees | $5.1M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $596K |
| Estimate: the two combined (geometric mean) | $854K |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $287K |
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 | $688K |
| Multiple for this size and industry | 2.4× |
| Value range | $362K – $942K |
| Revenue range | $562K – $973K |
| EBITDA range | $189K – $327K |
| 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
People & advisors
Advisors
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $15K | 2 |
| 3/26/2021 | second | $15K | 2 |
About Sec Production, Inc
Sec Production, Inc is an oil & gas company in Edmond, Oklahoma. Its estimated annual revenue is about $854K, with roughly $287K of EBITDA. It has about 2 employees. Its estimated business value is $688K (likely range $362K–$942K).
Common questions
- Who owns Sec Production, Inc?
- The owner of Sec Production, 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 Sec Production, Inc make?
- SeeBITDA estimates Sec Production, Inc's annual revenue at about $854K (likely between $562K and $973K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sec Production, Inc worth?
- About $688K, roughly 2.4× its estimated EBITDA of $287K, typical for a oil & gas company its size. Likely range: $362K–$942K.
- How many employees does Sec Production, Inc have?
- About 2, as reported on its PPP loan.