Sps Exploration LLC
How we got $474K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| SPS EXPLORATION LLC this business | $602K | — |
| HARRY H. DIAMOND, INC. Shawnee · 4 employees | $3.3M | 0.3 mi |
| CUESTA PETROLEUM, INC. Shawnee · 1 employees | $600K | 0.3 mi |
| RPM ENERGY, INC. Shawnee · 1 employees | $827K | 1.4 mi |
| OUTLAW H20 LLC Shawnee · 1 employees | $652K | 1.7 mi |
| LEWIS A. HEMBREE PRODUCTION CO. Shawnee · 5 employees | $2.2M | 1.7 mi |
| K AND K PARSONS LLC Shawnee · 1 employees | $517K | 1.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $470K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $592K |
| Estimate: the two combined (geometric mean) | $602K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $237K |
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 | $474K |
| Multiple for this size and industry | 2× |
| Value range | $249K – $648K |
| Revenue range | $396K – $686K |
| EBITDA range | $156K – $270K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2020 | All 487 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 | $15K | 1 |
About Sps Exploration LLC
Sps Exploration LLC is an oil & gas company in Shawnee, Oklahoma. Its estimated annual revenue is about $602K, with roughly $237K of EBITDA. It has about 1 employees. Its estimated business value is $474K (likely range $249K–$648K).
Common questions
- Who owns Sps Exploration LLC?
- The owner of Sps Exploration 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 Sps Exploration LLC make?
- SeeBITDA estimates Sps Exploration LLC's annual revenue at about $602K (likely between $396K and $686K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sps Exploration LLC worth?
- About $474K, roughly 2× its estimated EBITDA of $237K, typical for a oil & gas company its size. Likely range: $249K–$648K.
- How many employees does Sps Exploration LLC have?
- About 1, as reported on its PPP loan.