Shellbark Ventures LLC
How we got $4.7M
Based on its 1 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 |
|---|---|---|
| SHELLBARK VENTURES LLC this business | $4.5M | — |
| D & J OIL COMPANY, INC. Enid · 10 employees | $35.5M | 1.9 mi |
| CIRRUS PRODUCTION COMPANY Enid · 7 employees | $31.8M | 2.3 mi |
| ON POINT RESOURCES, LLC Enid · 1 employees | $4.6M | 2.4 mi |
| HENRY GUNGOLL OPERATING INC Enid · 5 employees | $24.9M | 3.0 mi |
| RESOURCES OPERATING CO., INC. Enid · 2 employees | $8.3M | 3.0 mi |
| HIGH PLAINS OPERATING, INC. Waukomis · 2 employees | $9.3M | 6.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.5M – $6.5M |
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $819K – $1.4M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/30/2021 | first | $21K | 1 |
| 4/18/2021 | second | $21K | 1 |
About Shellbark Ventures LLC
Shellbark Ventures LLC is a crude petroleum extraction company in Enid, Oklahoma. Its estimated annual revenue is about $4.5M, with roughly $1.2M of EBITDA. It has about 1 employees. Its estimated business value is $4.7M (likely range $2.5M–$6.5M).
Common questions
- Who owns Shellbark Ventures LLC?
- The owner of Shellbark Ventures 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 Shellbark Ventures LLC make?
- SeeBITDA estimates Shellbark Ventures LLC's annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shellbark Ventures LLC worth?
- About $4.7M, roughly 3.8× its estimated EBITDA of $1.2M, typical for a crude petroleum extraction company its size. Likely range: $2.5M–$6.5M.
- How many employees does Shellbark Ventures LLC have?
- About 1, as reported on its PPP loan.