State Line Swd, LLC
How we got $804K
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
▼ 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 |
|---|---|---|
| STATE LINE SWD, LLC this business | $1.6M | — |
| JOURNEY OILFIELD EQUIPMENT LLC Woodward · 41 employees | $27.1M | 59.4 mi |
| ULTIMATE SAFETY & SUPPLY LLC Woodward · 5 employees | $3.5M | 60.4 mi |
| COMSTOCK OILFIELD SUPPLY, INC. Woodward · 11 employees | $7.6M | 60.4 mi |
| VESCO, INC Woodward · 42 employees | $31.0M | 60.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $251K |
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 | $804K |
| Multiple for this size and industry | 3.2× |
| Value range | $423K – $1.1M |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $165K – $287K |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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
- BankingSecurity State 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 Roles are as stated there and may be out of date.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
| Security State Bank PPP 2020, PPP 2021 | All 114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $24K | 2 |
| 1/16/2021 | second | $24K | 2 |
About State Line Swd, LLC
State Line Swd, LLC is an oil and gas field machinery and equipment manufacturing company in Reydon, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $251K of EBITDA. It has about 2 employees. Its estimated business value is $804K (likely range $423K–$1.1M).
Common questions
- Who owns State Line Swd, LLC?
- The owner of State Line Swd, 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 State Line Swd, LLC make?
- SeeBITDA estimates State Line Swd, LLC's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is State Line Swd, LLC worth?
- About $804K, roughly 3.2× its estimated EBITDA of $251K, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $423K–$1.1M.
- How many employees does State Line Swd, LLC have?
- About 2, as reported on its PPP loan.