Thi Wirerope, LLC
How we got $2.5M
Based on its 4 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 20 years (since 2006)
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 |
|---|---|---|
| THI WIREROPE, LLC this business | $2.7M | — |
| EDGE SERVICES, INC. Woodward · 101 employees | $41.2M | 0.0 mi |
| DURANGO SERVICES, INC. Woodward · 35 employees | $24.4M | 0.1 mi |
| NORTH STAR WELL SERVICES INC Woodward · 23 employees | $15.0M | 0.1 mi |
| NORTH STAR Woodward · 34 employees | $20.3M | 0.2 mi |
| ATLAS DRILLING, LLC Woodward · 56 employees | $30.2M | 0.2 mi |
| WILDCAT DRILLING SERVICES INC. Woodward · 12 employees | $6.6M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $826K |
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 | $2.5M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.4M |
| Revenue range | $1.8M – $3.1M |
| EBITDA range | $543K – $941K |
| 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
People & advisors
Advisors
- BankingBancCentral, 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
| BancCentral, National Association PPP 2020, PPP 2021 | All 152 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $76K | 4 |
| 1/16/2021 | second | $69K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Thi Wirerope, LLC
Thi Wirerope, LLC is an oil & gas company in Woodward, Oklahoma, in business since 2006. Its estimated annual revenue is about $2.7M, with roughly $826K of EBITDA. It has about 4 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Thi Wirerope, LLC?
- The owner of Thi Wirerope, 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 Thi Wirerope, LLC make?
- SeeBITDA estimates Thi Wirerope, LLC's annual revenue at about $2.7M (likely between $1.8M and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thi Wirerope, LLC worth?
- About $2.5M, roughly 3× its estimated EBITDA of $826K, typical for a oil & gas company its size. Likely range: $1.3M–$3.4M.
- How many employees does Thi Wirerope, LLC have?
- About 4, as reported on its PPP loan.
- When was Thi Wirerope, LLC founded?
- Thi Wirerope, LLC has been in business since 2006.