Tlr Well Services, Inc
How we got $19.4M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 35 years (since 1991)
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 |
|---|---|---|
| TLR WELL SERVICES, INC this business | $19.4M | — |
| F& H DRILLING SERVICE, INC Elk City · 4 employees | $1.9M | 0.1 mi |
| BCG HOLDINGS, LLC Elk City · 3 employees | $1.2M | 0.1 mi |
| BGC HOLDINGS LLC Elk City · 1 employees | $745K | 0.1 mi |
| 3G MANIFOLD, LLC Elk City · 1 employees | $608K | 0.1 mi |
| S&M WELDING, LLC Elk City · 5 employees | $2.6M | 0.3 mi |
| R M WATSON MUD ENGINEERING LLC Elk City · 1 employees | $540K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.5M |
| Estimate: the two combined (geometric mean) | $19.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.4M |
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 | $19.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $10.2M – $26.5M |
| Revenue range | $12.7M – $22.1M |
| EBITDA range | $2.9M – $5.0M |
| 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
People & advisors
Advisors
- BankingSovereign Bank, Peoples Bank and Trust CompanyPPP / 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
| Peoples Bank and Trust Company PPP 2021 | All 320 borrowers → |
| Sovereign Bank PPP 2020 | All 304 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 | $524K | 35 |
| 1/25/2021 | second | $330K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tlr Well Services, Inc
Tlr Well Services, Inc is an oil & gas company in Elk City, Oklahoma, in business since 1991. Its estimated annual revenue is about $19.4M, with roughly $4.4M of EBITDA. It has about 35 employees. Its estimated business value is $19.4M (likely range $10.2M–$26.5M).
Common questions
- Who owns Tlr Well Services, Inc?
- The owner of Tlr Well Services, 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 Tlr Well Services, Inc make?
- SeeBITDA estimates Tlr Well Services, Inc's annual revenue at about $19.4M (likely between $12.7M and $22.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tlr Well Services, Inc worth?
- About $19.4M, roughly 4.4× its estimated EBITDA of $4.4M, typical for a oil & gas company its size. Likely range: $10.2M–$26.5M.
- How many employees does Tlr Well Services, Inc have?
- About 35, as reported on its PPP loan.
- When was Tlr Well Services, Inc founded?
- Tlr Well Services, Inc has been in business since 1991.