Strive Operating Inc.
How we got $12.9M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STRIVE OPERATING INC. this business | $12.0M | — |
| LOCKE OPERATING AND TRUCKING, LLC Tuttle · 2 employees | $874K | 0.6 mi |
| STACY LESTER LLC Tuttle · 1 employees | $318K | 1.7 mi |
| JACK WALKER OIL COMPANY, INC Tuttle · 7 employees | $3.2M | 2.3 mi |
| MONTASH LOGISTICS INC. Tuttle · 4 employees | $1.4M | 3.1 mi |
| STEGALL OILFIELD SERVICES LLC Tuttle · 1 employees | $510K | 3.8 mi |
| INDUSTRIAL FILTRATION & SERVICES INC Tuttle · 9 employees | $3.3M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.8M |
| Estimate: the two combined (geometric mean) | $12.0M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.9M |
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 | $12.9M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.8M – $17.6M |
| Revenue range | $7.9M – $13.7M |
| EBITDA range | $1.9M – $3.3M |
| 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
History & advisors
Advisors
- BankingThe First National Bank and Trust Co, Chickasha, 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 Roles are as stated there and may be out of date.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 First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020, PPP 2021 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $335K | 21 |
| 3/16/2021 | second | $322K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Strive Operating Inc.
Strive Operating Inc. is an oil & gas company in Tuttle, Oklahoma. It is owned by WILLIAM MCLAIN. Its estimated annual revenue is about $12.0M, with roughly $2.9M of EBITDA. It has about 21 employees. Its estimated business value is $12.9M (likely range $6.8M–$17.6M).
Common questions
- Who owns Strive Operating Inc.?
- Strive Operating Inc. is owned by WILLIAM MCLAIN, according to public sources such as the company's website or filings.
- How much revenue does Strive Operating Inc. make?
- SeeBITDA estimates Strive Operating Inc.'s annual revenue at about $12.0M (likely between $7.9M and $13.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Strive Operating Inc. worth?
- About $12.9M, roughly 4.4× its estimated EBITDA of $2.9M, typical for a oil & gas company its size. Likely range: $6.8M–$17.6M.
- How many employees does Strive Operating Inc. have?
- About 21, as reported on its PPP loan.