How we got $12.4M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 5% 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.
Employees over time
▼ 79% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 19 | $6.3M |
| 2020 | Form 5500 | 4 | $1.3M |
| 2021 | Form 5500 | 4 | $1.3M |
| 2022 | Form 5500 | 4 | $1.3M |
| 2023 | Form 5500 | 4 | $1.3M |
| 2024 | Form 5500 | 4 | $1.3M |
| 2025 | Form 5500 | 4 | $1.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOILTEC, LLC. this business | $11.5M | — |
| CAN-OK OIL FIELD SERVICES, INC. Chickasha · 22 employees | $11.1M | 0.0 mi |
| LEES ENGINE AND COMPRESSOR REPAIR INC. Ninnekah · 2 employees | $901K | 1.6 mi |
| VIZION ENVIRONMENTAL SOLUTIONS LLC Chickasha · 3 employees | $2.0M | 1.7 mi |
| CHICKASHA MUD PUMP REPAIR CO. Ninnekah · 8 employees | $3.8M | 1.9 mi |
| LIQUID MUD COMPANY, LLC Chickasha · 15 employees | $5.6M | 1.9 mi |
| CHICKASHA TOOL & MAINTENANCE INC. Chickasha · 2 employees | $1.3M | 2.9 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.7M |
| Estimate: the two combined (geometric mean) | $11.5M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.8M |
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 | $12.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.5M – $16.9M |
| Revenue range | $7.6M – $13.1M |
| EBITDA range | $1.8M – $3.2M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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 and Trust Co, Chickasha, OklahomaPPP / 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 First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020 | All 478 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 | $380K | 19 |
About Soiltec, LLC.
Soiltec, LLC. is an oil & gas company in Chickasha, Oklahoma. Its estimated annual revenue is about $11.5M, with roughly $2.8M of EBITDA. It has about 4 employees. Its estimated business value is $12.4M (likely range $6.5M–$16.9M).
Common questions
- Who owns Soiltec, LLC.?
- The owner of Soiltec, 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 Soiltec, LLC. make?
- SeeBITDA estimates Soiltec, LLC.'s annual revenue at about $11.5M (likely between $7.6M and $13.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Soiltec, LLC. worth?
- About $12.4M, roughly 4.4× its estimated EBITDA of $2.8M, typical for a oil & gas company its size. Likely range: $6.5M–$16.9M.
- How many employees does Soiltec, LLC. have?
- About 4, from its 2025 retirement-plan filing.