Sullivan Land Resources Inc
How we got $20.1M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 10% 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.
Employees over time
▼ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $44.5M |
| 2020 | Form 5500 | 3 | $33.4M |
| 2021 | Form 5500 | 3 | $33.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SULLIVAN LAND RESOURCES INC this business | $35.1M | — |
| JATCO INC Oklahoma City · 22 employees | $36.9M | 3.1 mi |
| RAZOR ENVIRONMENTAL Oklahoma City · 1 employees | $3.5M | 3.3 mi |
| UNION PROCESSING SYSTEMS LLC Oklahoma City · 14 employees | $20.5M | 3.3 mi |
| SOUTHERN GRIND LLC Edmond · 3 employees | $7.1M | 5.7 mi |
| ATLAS ASPHALT PRODUCTS, INC. Oklahoma City · 12 employees | $20.5M | 6.2 mi |
| CPRP SERVICES, LLC Oklahoma City | $206.7M | 6.5 mi |
Ranges & sources
| Revenue range | $23.1M – $40.0M |
| EBITDA range | $2.4M – $4.2M |
| Industry (NAICS) | Petroleum Refineries (324110) |
| Value range | $10.6M – $27.5M |
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
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $66K | 4 |
| 1/22/2021 | second | $61K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sullivan Land Resources Inc
Sullivan Land Resources Inc is a petroleum refineries company in Oklahoma City, Oklahoma. It is owned by Dan Sullivan (President and Owner). Its estimated annual revenue is about $35.1M, with roughly $3.7M of EBITDA. It has about 3 employees. Its estimated business value is $20.1M (likely range $10.6M–$27.5M).
Common questions
- Who owns Sullivan Land Resources Inc?
- Sullivan Land Resources Inc is owned by Dan Sullivan (President and Owner), according to public sources such as the company's website or filings.
- How much revenue does Sullivan Land Resources Inc make?
- SeeBITDA estimates Sullivan Land Resources Inc's annual revenue at about $35.1M (likely between $23.1M and $40.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sullivan Land Resources Inc worth?
- About $20.1M, roughly 5.5× its estimated EBITDA of $3.7M, typical for a petroleum refineries company its size. Likely range: $10.6M–$27.5M.
- How many employees does Sullivan Land Resources Inc have?
- About 3, from its 2021 retirement-plan filing.