Spears Geological Services LLC
How we got $272K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| SPEARS GEOLOGICAL SERVICES LLC this business | $468K | — |
| THOMAS HENNESSEY PHD LLC Stillwater · 1 employees | $567K | 0.9 mi |
| MCSWAIN CONSULTING LLC Stillwater · 1 employees | $495K | 1.1 mi |
| AVID CONSULTING LLC Stillwater · 1 employees | $476K | 1.1 mi |
| FORT ENVIRONMENTAL LABORATORIE Stillwater · 9 employees | $2.3M | 1.7 mi |
| HENRY-GONZALEZ CONSULTING Stillwater · 1 employees | $591K | 1.8 mi |
| H.O.L.A., INC. Stillwater · 1 employees | $291K | 2.6 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $228K |
| Revenue = employees × revenue per employee | $468K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $109K |
| Cross-check: revenue implied by PPP payroll | $76K |
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 | $272K |
| Multiple for this size and industry | 2.5× |
| Value range | $129K – $386K |
| Revenue range | $277K – $554K |
| EBITDA range | $64K – $129K |
| Industry (NAICS) | Other Scientific and Technical Consulting Services (541690) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $3K | 1 |
| 1/27/2021 | second | $3K | 1 |
About Spears Geological Services LLC
Spears Geological Services LLC is a consulting company in Stillwater, Oklahoma. Its estimated annual revenue is about $468K, with roughly $109K of EBITDA. It has about 1 employees. Its estimated business value is $272K (likely range $129K–$386K).
Common questions
- Who owns Spears Geological Services LLC?
- The owner of Spears Geological Services 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 Spears Geological Services LLC make?
- SeeBITDA estimates Spears Geological Services LLC's annual revenue at about $468K (likely between $277K and $554K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spears Geological Services LLC worth?
- About $272K, roughly 2.5× its estimated EBITDA of $109K, typical for a consulting company its size. Likely range: $129K–$386K.
- How many employees does Spears Geological Services LLC have?
- About 1, as reported on its PPP loan.