Tank Farm Service, LLC
How we got $14.9M
Based on its 60 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 18% 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 |
|---|---|---|
| TANK FARM SERVICE, LLC this business | $29.1M | — |
| ALL AMERICAN FORKLIFT LLC Tulsa · 13 employees | $6.0M | 5.5 mi |
| Precision Heat Treating Sapulpa | $1.7M | 6.0 mi |
| F&M MECHANICAL, L.L.C. Glenpool · 3 employees | $782K | 6.4 mi |
| REDBONE TOOL AND MACHINE INC Sapulpa · 2 employees | $834K | 6.8 mi |
| LIMCO-PIEDMONT, INC. Tulsa | $142.7M | 9.2 mi |
| Brenntag Southwest Sand Springs | $1.7M | 9.3 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $30.2M |
| Estimate: the two combined (geometric mean) | $29.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.7M |
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 | $14.9M |
| Multiple for this size and industry | 5.5× |
| Value range | $7.8M – $20.4M |
| Revenue range | $19.1M – $33.1M |
| EBITDA range | $1.8M – $3.1M |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2020 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $890K | 60 |
About Tank Farm Service, LLC
Tank Farm Service, LLC is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Sapulpa, Oklahoma. Its estimated annual revenue is about $29.1M, with roughly $2.7M of EBITDA. It has about 60 employees. Its estimated business value is $14.9M (likely range $7.8M–$20.4M).
Common questions
- Who owns Tank Farm Service, LLC?
- The owner of Tank Farm Service, 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 Tank Farm Service, LLC make?
- SeeBITDA estimates Tank Farm Service, LLC's annual revenue at about $29.1M (likely between $19.1M and $33.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tank Farm Service, LLC worth?
- About $14.9M, roughly 5.5× its estimated EBITDA of $2.7M, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $7.8M–$20.4M.
- How many employees does Tank Farm Service, LLC have?
- About 60, as reported on its PPP loan.