Sol Industries LLC
How we got $2.2M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 4% 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 |
|---|---|---|
| SOL INDUSTRIES LLC this business | $6.5M | — |
| UNDERGROUND ENTERPRISES LLC Tulsa · 18 employees | $6.5M | 1.4 mi |
| FIREFLY ENERGY SERVICES LLC Claremore · 3 employees | $2.0M | 1.8 mi |
| LANDA MOBILE SYSTEMS, LLC Tulsa · 11 employees | $3.1M | 2.3 mi |
| JPS SERVICES, LLC Tulsa · 4 employees | $2.9M | 2.8 mi |
| CLEARSTONE SERVICES LLC Tulsa · 2 employees | $796K | 3.2 mi |
| Walker Brothers Drilling Tulsa | $5.8M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.5M |
| Estimate: the two combined (geometric mean) | $6.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $777K |
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 | $2.2M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.1M – $3.0M |
| Revenue range | $4.3M – $7.4M |
| EBITDA range | $511K – $886K |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- BankingCrossFirst 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 Roles are as stated there and may be out of date.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
| CrossFirst Bank PPP 2020, PPP 2021 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $189K | 16 |
| 1/23/2021 | second | $169K | 7 |
About Sol Industries LLC
Sol Industries LLC is an oil and gas pipeline and related structures construction company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.5M, with roughly $777K of EBITDA. It has about 16 employees. Its estimated business value is $2.2M (likely range $1.1M–$3.0M).
Common questions
- Who owns Sol Industries LLC?
- The owner of Sol Industries 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 Sol Industries LLC make?
- SeeBITDA estimates Sol Industries LLC's annual revenue at about $6.5M (likely between $4.3M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sol Industries LLC worth?
- About $2.2M, roughly 2.8× its estimated EBITDA of $777K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $1.1M–$3.0M.
- How many employees does Sol Industries LLC have?
- About 16, as reported on its PPP loan.