The Sydco System, Inc
How we got $4.6M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| THE SYDCO SYSTEM, INC this business | $4.2M | — |
| ALLEGIANT ENERGY SERVICES LLC Yukon · 34 employees | $28.3M | 0.7 mi |
| VISTA DISPOSAL SOLUTIONS, LLC Yukon · 9 employees | $4.9M | 0.7 mi |
| JUSTIN CHRISTY INC. Yukon · 1 employees | $349K | 0.7 mi |
| CLEARWATER CONSULTING LLC Yukon · 2 employees | $1.1M | 1.2 mi |
| Okie Solar Yukon | $2.9M | 1.3 mi |
| WARRIOR OILFIELD SERVICES, LLC Yukon · 1 employees | $712K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.4M – $6.3M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $840K – $1.5M |
| 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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $120K | 8 |
| 1/28/2021 | second | $107K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The Sydco System, Inc
The Sydco System, Inc is an oil & gas company in Yukon, Oklahoma, in business since 2010. Its estimated annual revenue is about $4.2M, with roughly $1.3M of EBITDA. It has about 8 employees. Its estimated business value is $4.6M (likely range $2.4M–$6.3M).
Common questions
- Who owns The Sydco System, Inc?
- The owner of The Sydco System, 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 The Sydco System, Inc make?
- SeeBITDA estimates The Sydco System, Inc's annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Sydco System, Inc worth?
- About $4.6M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a oil & gas company its size. Likely range: $2.4M–$6.3M.
- How many employees does The Sydco System, Inc have?
- About 8, as reported on its PPP loan.
- When was The Sydco System, Inc founded?
- The Sydco System, Inc has been in business since 2010.