How we got $6.3M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| TERRASTAR INC this business | $6.3M | — |
| Spl Kingfisher | $1.5M | 0.1 mi |
| AX ENERGY CONSULTING LLC Kingfisher · 2 employees | $1.2M | 0.7 mi |
| STRIKER OILFIELD SERVICES, LLC Kingfisher · 2 employees | $735K | 0.8 mi |
| ORCO SERVICE, LLC Kingfisher · 28 employees | $16.1M | 0.9 mi |
| TMB CONSULTING LLC Kingfisher · 1 employees | $711K | 0.9 mi |
| DNR CONSULTING, LLC Kingfisher · 1 employees | $703K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.2M |
| Estimate: the two combined (geometric mean) | $6.3M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.7M |
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 | $6.3M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.3M – $8.6M |
| Revenue range | $4.1M – $7.2M |
| EBITDA range | $1.1M – $2.0M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst 7(a) 2020, 7(a) 2021, PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $189K | 14 |
| 1/21/2021 | second | $189K | 14 |
Public records
| Apr 2021 | 7(a) | $400K |
| Nov 2019 | 7(a) | $85K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Terrastar Inc
Terrastar Inc is an oil & gas company in Kingfisher, Oklahoma, in business since 2012. Its estimated annual revenue is about $6.3M, with roughly $1.7M of EBITDA. It has about 14 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.6M).
Common questions
- Who owns Terrastar Inc?
- The owner of Terrastar 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 Terrastar Inc make?
- SeeBITDA estimates Terrastar Inc's annual revenue at about $6.3M (likely between $4.1M and $7.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Terrastar Inc worth?
- About $6.3M, roughly 3.6× its estimated EBITDA of $1.7M, typical for a oil & gas company its size. Likely range: $3.3M–$8.6M.
- How many employees does Terrastar Inc have?
- About 14, as reported on its PPP loan.
- When was Terrastar Inc founded?
- Terrastar Inc has been in business since 2012.