Sooner State Propane LLC
How we got $396K
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
▲ 35% 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 |
|---|---|---|
| SOONER STATE PROPANE LLC this business | $1.7M | — |
| ELGIN PROPANE, INC Elgin · 3 employees | $2.9M | 3.1 mi |
| OBERLE ENTERPRISES LLC Fletcher · 1 employees | $566K | 7.7 mi |
| SHAW HOME GOODS Lawton · 10 employees | $2.8M | 13.7 mi |
| STYLL IMAGES, LLC Marlow · 4 employees | $2.3M | 21.1 mi |
| MOTIONWORKS INDUSTRIAL SAFETY LLC Chickasha · 3 employees | $1.7M | 25.0 mi |
| WRIGHT WATER CORPORATION Chickasha · 10 employees | $4.1M | 26.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $198K |
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 | $396K |
| Multiple for this size and industry | 2× |
| Value range | $208K – $541K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $130K – $226K |
| Industry (NAICS) | Retail Trade (454310) |
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: approximate sector default. 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
- BankingThe City National Bank and Trust Company of Lawton, 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 Roles are as stated there and may be out of date.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 City National Bank and Trust Company of Lawton, Oklahoma PPP 2020 | All 238 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $10K | 2 |
About Sooner State Propane LLC
Sooner State Propane LLC is a retail trade company in Elgin, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $198K of EBITDA. It has about 2 employees. Its estimated business value is $396K (likely range $208K–$541K).
Common questions
- Who owns Sooner State Propane LLC?
- The owner of Sooner State Propane 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 Sooner State Propane LLC make?
- SeeBITDA estimates Sooner State Propane LLC's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sooner State Propane LLC worth?
- About $396K, roughly 2× its estimated EBITDA of $198K, typical for a retail trade company its size. Likely range: $208K–$541K.
- How many employees does Sooner State Propane LLC have?
- About 2, as reported on its PPP loan.