Synergex Inc
How we got $10.8M
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 23% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SYNERGEX INC this business | $10.1M | — |
| MACH RESOURCES LLC Oklahoma City · 280 employees | $1.18B | 0.5 mi |
| ATCHLEY RESOURCES, INC. Oklahoma City · 3 employees | $7.8M | 1.0 mi |
| BARBOUR ENERGY CORPORATION Oklahoma City · 4 employees | $12.0M | 1.0 mi |
| LAT, INC Oklahoma City · 1 employees | $3.1M | 1.0 mi |
| QUAIL CREEK PRODUCTION COMPANY Oklahoma City · 6 employees | $13.8M | 1.0 mi |
| QUAIL CREEK OIL CORPORATION Oklahoma City · 22 employees | $62.2M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.3M |
| Estimate: the two combined (geometric mean) | $10.1M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $2.3M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 4% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $10.8M |
| Multiple for this size and industry | 4.7× |
| Value range | $6.5M – $16.9M |
| Revenue range | $7.6M – $13.2M |
| EBITDA range | $1.7M – $3.0M |
| 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
People & advisors
Advisors
- BankingFirst Bethany Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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
| First Bethany Bank & Trust PPP 2021 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/17/2021 | first | $55K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Synergex Inc
Synergex Inc is a crude petroleum extraction company in Oklahoma City, Oklahoma, in business since 1995. Its estimated annual revenue is about $10.1M, with roughly $2.3M of EBITDA. It has about 4 employees. Its estimated business value is $10.8M (likely range $6.5M–$16.9M).
Common questions
- Who owns Synergex Inc?
- The owner of Synergex 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 Synergex Inc make?
- SeeBITDA estimates Synergex Inc's annual revenue at about $10.1M (likely between $7.6M and $13.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Synergex Inc worth?
- About $10.8M, roughly 4.7× its estimated EBITDA of $2.3M, typical for a crude petroleum extraction company its size. Likely range: $6.5M–$16.9M.
- How many employees does Synergex Inc have?
- About 4, as reported on its PPP loan.
- When was Synergex Inc founded?
- Synergex Inc has been in business since 1995.