Tandem Services, Inc.
How we got $7.2M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 34% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TANDEM SERVICES, INC. this business | $5.8M | — |
| KEI SUMMERS Oklahoma City · 1 employees | $819K | 1.4 mi |
| GRIZZLY RESOURCES, INC. Oklahoma City · 1 employees | $1.1M | 2.6 mi |
| JERRY SCHWARZ CONSTRUCTION CO Oklahoma City · 1 employees | $903K | 2.7 mi |
| PANTHER SAND COMPANY LLC Oklahoma City · 7 employees | $3.4M | 5.2 mi |
| WHITE SAND RESOURCES, LLC Oklahoma City · 1 employees | $964K | 5.7 mi |
| WESTERN AGGREGATES, INC Oklahoma City · 14 employees | $6.3M | 6.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.6M |
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 | $7.2M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.8M – $9.9M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $1.1M – $1.8M |
| Industry (NAICS) | Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying (212325) |
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 Enterprise 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 Roles are as stated there and may be out of date.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
| First Enterprise Bank PPP 2020 | All 148 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $107K | 9 |
About Tandem Services, Inc.
Tandem Services, Inc. is a sand, gravel, clay, and ceramic and refractory minerals mining and quarrying company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $5.8M, with roughly $1.6M of EBITDA. It has about 9 employees. Its estimated business value is $7.2M (likely range $3.8M–$9.9M).
Common questions
- Who owns Tandem Services, Inc.?
- The owner of Tandem Services, 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 Tandem Services, Inc. make?
- SeeBITDA estimates Tandem Services, Inc.'s annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tandem Services, Inc. worth?
- About $7.2M, roughly 4.5× its estimated EBITDA of $1.6M, typical for a sand, gravel, clay, and ceramic and refractory minerals mining and quarrying company its size. Likely range: $3.8M–$9.9M.
- How many employees does Tandem Services, Inc. have?
- About 9, as reported on its PPP loan.