Tapco Water Corp.
How we got $317K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 41% 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 |
|---|---|---|
| TAPCO WATER CORP. this business | $1.2M | — |
| V-KAM CONSTRUCTION LLC Wellston · 2 employees | $839K | 4.4 mi |
| HEARTLAND CONTRACTING SERVICES INC Wellston · 26 employees | $10.1M | 6.4 mi |
| Fields Youngblood Water Well Luther | $5.8M | 7.8 mi |
| B-C WALKER, INC. Harrah · 11 employees | $4.0M | 7.8 mi |
| AQUA WELL DRILLING INC Harrah · 10 employees | $5.3M | 8.9 mi |
| GOLIATH ENERGY SERVICES LLC Meeker · 1 employees | $654K | 10.8 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $758K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $167K |
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 | $317K |
| Multiple for this size and industry | 1.9× |
| Value range | $167K – $434K |
| Revenue range | $758K – $1.3M |
| EBITDA range | $110K – $190K |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingWeokie FcuPPP / 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 Roles are as stated there and may be out of date.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
| WEOKIE FCU PPP 2020 | All 41 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $16K | 3 |
About Tapco Water Corp.
Tapco Water Corp. is a water and sewer line and related structures construction company in Wellston, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $167K of EBITDA. It has about 3 employees. Its estimated business value is $317K (likely range $167K–$434K).
Common questions
- Who owns Tapco Water Corp.?
- The owner of Tapco Water Corp. 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 Tapco Water Corp. make?
- SeeBITDA estimates Tapco Water Corp.'s annual revenue at about $1.2M (likely between $758K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tapco Water Corp. worth?
- About $317K, roughly 1.9× its estimated EBITDA of $167K, typical for a water and sewer line and related structures construction company its size. Likely range: $167K–$434K.
- How many employees does Tapco Water Corp. have?
- About 3, as reported on its PPP loan.