Sullivan and Company LLC
How we got $17.7M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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 |
|---|---|---|
| SULLIVAN AND COMPANY LLC this business | $16.6M | — |
| PARTHENON TRADING COMPANY Tulsa · 2 employees | $6.2M | 0.0 mi |
| E2 OPERATING LLC Tulsa · 10 employees | $44.3M | 0.1 mi |
| E2 OPERATIONS LLC Tulsa · 10 employees | $44.2M | 0.1 mi |
| Empire Petroleum Corporation Tulsa | $34.2M | 0.2 mi |
| PARDUS OIL AND GAS OPERATING LP Tulsa · 6 employees | $24.9M | 0.2 mi |
| TRIPLE CROWN ENERGY LLC Tulsa · 20 employees | $102.9M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.5M |
| Estimate: the two combined (geometric mean) | $16.6M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $3.8M |
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 | $17.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $9.3M – $24.2M |
| Revenue range | $10.9M – $18.9M |
| EBITDA range | $2.5M – $4.3M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingCommerce 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 Roles are as stated there and may be out of date.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
| Commerce Bank PPP 2020 | All 113 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $71K | 4 |
2 locations
| 2100 South Utica Avenue #210A | Tulsa | This listing |
| 1437 S Boulder Ave Ste 700 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sullivan and Company LLC
Sullivan and Company LLC is a crude petroleum extraction company in Tulsa, Oklahoma. It is owned by Bob Sullivan Jr. (Principal owner). Its estimated annual revenue is about $16.6M, with roughly $3.8M of EBITDA. It has about 4 employees. Its estimated business value is $17.7M (likely range $9.3M–$24.2M). It has 2 locations.
Common questions
- Who owns Sullivan and Company LLC?
- Sullivan and Company LLC is owned by Bob Sullivan Jr. (Principal owner), according to public sources such as the company's website or filings.
- How much revenue does Sullivan and Company LLC make?
- SeeBITDA estimates Sullivan and Company LLC's annual revenue at about $16.6M (likely between $10.9M and $18.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sullivan and Company LLC worth?
- About $17.7M, roughly 4.7× its estimated EBITDA of $3.8M, typical for a crude petroleum extraction company its size. Likely range: $9.3M–$24.2M.
- How many employees does Sullivan and Company LLC have?
- About 4, as reported on its PPP loan.