Tank & Fuel Solutions, LLC
How we got $5.3M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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 & FUEL SOLUTIONS, LLC this business | $29.6M | — |
| DOWNING PROPANE & OIL INC Locust Grove · 6 employees | $48.6M | 24.0 mi |
| EMMAUS ENERGY, LLC Tulsa · 1 employees | $20.6M | 29.6 mi |
| MONTELLO, INC. Tulsa · 6 employees | $97.6M | 30.2 mi |
| DEWBERRY INCORPORATED Tulsa · 8 employees | $53.0M | 30.4 mi |
| AVP METRO PETROLEUM LLC Tulsa · 103 employees | $777.2M | 31.9 mi |
| NATIONAL PETROLEUM SALES, INC. Tulsa · 1 employees | $15.0M | 32.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $34.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.4M |
| Estimate: the two combined (geometric mean) | $29.6M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.3M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.8M – $7.3M |
| Revenue range | $19.5M – $33.8M |
| EBITDA range | $817K – $1.4M |
| Industry (NAICS) | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720) |
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
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $23K | 2 |
About Tank & Fuel Solutions, LLC
Tank & Fuel Solutions, LLC is a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company in Claremore, Oklahoma. Its estimated annual revenue is about $29.6M, with roughly $1.2M of EBITDA. It has about 2 employees. Its estimated business value is $5.3M (likely range $2.8M–$7.3M).
Common questions
- Who owns Tank & Fuel Solutions, LLC?
- The owner of Tank & Fuel Solutions, 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 & Fuel Solutions, LLC make?
- SeeBITDA estimates Tank & Fuel Solutions, LLC's annual revenue at about $29.6M (likely between $19.5M and $33.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tank & Fuel Solutions, LLC worth?
- About $5.3M, roughly 4.3× its estimated EBITDA of $1.2M, typical for a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company its size. Likely range: $2.8M–$7.3M.
- How many employees does Tank & Fuel Solutions, LLC have?
- About 2, as reported on its PPP loan.