Switchgrass Energy LLC
How we got $702K
Based on its 2 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 |
|---|---|---|
| SWITCHGRASS ENERGY LLC this business | $871K | — |
| GRIEVES & COMPANY Edmond · 2 employees | $1.1M | 0.3 mi |
| S5 RESOURCES LLC Edmond · 1 employees | $450K | 1.1 mi |
| LINX MANAGEMENT GROUP LLC Edmond · 3 employees | $1.5M | 1.6 mi |
| WELLSITE AUTOMATION, LLC Edmond · 13 employees | $6.3M | 1.6 mi |
| E.M. RPHE, INC. Arcadia · 2 employees | $1.2M | 1.7 mi |
| J HEMPHILL LAND LLC Edmond · 1 employees | $524K | 1.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $620K |
| Estimate: the two combined (geometric mean) | $871K |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $293K |
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 | $702K |
| Multiple for this size and industry | 2.4× |
| Value range | $370K – $961K |
| Revenue range | $573K – $993K |
| EBITDA range | $192K – $334K |
| 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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 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 | $16K | 2 |
| 5/5/2021 | second | $18K | 1 |
About Switchgrass Energy LLC
Switchgrass Energy LLC is an oil & gas company in Edmond, Oklahoma. Its estimated annual revenue is about $871K, with roughly $293K of EBITDA. It has about 2 employees. Its estimated business value is $702K (likely range $370K–$961K).
Common questions
- Who owns Switchgrass Energy LLC?
- The owner of Switchgrass Energy 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 Switchgrass Energy LLC make?
- SeeBITDA estimates Switchgrass Energy LLC's annual revenue at about $871K (likely between $573K and $993K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Switchgrass Energy LLC worth?
- About $702K, roughly 2.4× its estimated EBITDA of $293K, typical for a oil & gas company its size. Likely range: $370K–$961K.
- How many employees does Switchgrass Energy LLC have?
- About 2, as reported on its PPP loan.