Summers Drilling Inc.
How we got $2.5M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 8% 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 |
|---|---|---|
| SUMMERS DRILLING INC. this business | $2.8M | — |
| ESP SELECT, LLC Claremore · 2 employees | $854K | 2.9 mi |
| MCNAMARA CONSULTING LLC Claremore · 1 employees | $737K | 8.5 mi |
| SARAH TURNER LLC Claremore · 2 employees | $640K | 9.8 mi |
| BELL TECHNOLOGIES Pryor · 1 employees | $711K | 11.7 mi |
| ROBINSON OILFIELD SERVICES Collinsville · 1 employees | $401K | 13.4 mi |
| BK EXPLORATION CORPORATION Owasso · 3 employees | $1.1M | 13.9 mi |
Ranges & sources
| Revenue range | $1.8M – $3.1M |
| EBITDA range | $551K – $954K |
| Industry (NAICS) | Support Activities for Nonmetallic Minerals (except Fuels) Mining (213115) |
| Value range | $1.3M – $3.4M |
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. 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $85K | 6 |
| 3/2/2021 | second | $85K | 7 |
About Summers Drilling Inc.
Summers Drilling Inc. is a support activities for nonmetallic minerals (except fuels) mining company in Claremore, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $837K of EBITDA. It has about 7 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Summers Drilling Inc.?
- The owner of Summers Drilling Inc. 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 Summers Drilling Inc. make?
- SeeBITDA estimates Summers Drilling Inc.'s annual revenue at about $2.8M (likely between $1.8M and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summers Drilling Inc. worth?
- About $2.5M, roughly 3× its estimated EBITDA of $837K, typical for a support activities for nonmetallic minerals (except fuels) mining company its size. Likely range: $1.3M–$3.4M.
- How many employees does Summers Drilling Inc. have?
- About 7, as reported on its PPP loan.