Timmons Oil Company, Inc
How we got $14.1M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 35% 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 35 | $10.5M |
| 2020 | Form 5500 | 31 | $9.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TIMMONS OIL COMPANY, INC this business | $37.4M | — |
| PATRIOT FLUID POWER LLC Tulsa · 4 employees | $2.7M | 0.2 mi |
| WESTERN FILTER COMPANY Tulsa · 28 employees | $16.3M | 1.9 mi |
| ASHLEY'S AMERICAS MALL, LLC Tulsa · 4 employees | $1.8M | 2.4 mi |
| FLASHPOINT ENERGY PARTNERS, LLC Tulsa | $10.0M | 4.5 mi |
| THUNDERBIRD FUELING SOLUTIONS LLC Tulsa · 11 employees | $7.0M | 4.5 mi |
| SPARKS AVIATION CENTER, INC. Tulsa · 8 employees | $4.9M | 4.6 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $36.4M |
| Estimate: the two combined (geometric mean) | $37.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.2M |
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 | $14.1M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.4M – $19.4M |
| Revenue range | $24.6M – $42.6M |
| EBITDA range | $2.1M – $3.7M |
| Industry (NAICS) | Retail Trade (454310) |
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: approximate sector default. 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
- BankingStride Bank, National Association, Chickasaw Community 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
| Chickasaw Community Bank PPP 2021 | All 317 borrowers → |
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $484K | 35 |
| 1/16/2021 | second | $475K | 35 |
About Timmons Oil Company, Inc
Timmons Oil Company, Inc is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $37.4M, with roughly $3.2M of EBITDA. It has about 31 employees. Its estimated business value is $14.1M (likely range $7.4M–$19.4M).
Common questions
- Who owns Timmons Oil Company, Inc?
- The owner of Timmons Oil Company, 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 Timmons Oil Company, Inc make?
- SeeBITDA estimates Timmons Oil Company, Inc's annual revenue at about $37.4M (likely between $24.6M and $42.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Timmons Oil Company, Inc worth?
- About $14.1M, roughly 4.4× its estimated EBITDA of $3.2M, typical for a retail trade company its size. Likely range: $7.4M–$19.4M.
- How many employees does Timmons Oil Company, Inc have?
- About 31, from its 2020 retirement-plan filing.