Tpe Midstream LLC
How we got $17.7M
Based on its 25 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 17% since 2021Today'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 |
|---|---|---|---|
| 2021 | PPP loan | 25 | $8.0M |
| 2021 | Form 5500 | 26 | $8.3M |
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 |
|---|---|---|
| TPE MIDSTREAM LLC this business | $10.9M | — |
| JD32418 ENTERPRISE, INC Tulsa · 5 employees | $2.2M | 1.8 mi |
| CHRISTIANSEN AVIATION INC Tulsa · 41 employees | $61.5M | 5.7 mi |
| A-1 RENTAL & SUPPLY INC. Sand Springs · 7 employees | $2.7M | 5.8 mi |
| ON CALL SERVICES AND RENTALS LLC Tulsa · 17 employees | $7.2M | 6.0 mi |
| BOWDEN PROPERTIES, LLC Sand Springs · 4 employees | $2.2M | 6.7 mi |
| MID CONTINENT CRANE LLC Glenpool · 13 employees | $4.6M | 9.0 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $10.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| 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 | $17.7M |
| Multiple for this size and industry | 5.5× |
| Value range | $9.3M – $24.2M |
| Revenue range | $7.1M – $12.4M |
| EBITDA range | $2.1M – $3.7M |
| Industry (NAICS) | Other Commercial and Industrial Machinery and Equipment Rental and Leasing (532490) |
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. 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
- BankingMabrey 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
| Mabrey Bank PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/12/2021 | second | $258K | 25 |
About Tpe Midstream LLC
Tpe Midstream LLC is an other commercial and industrial machinery and equipment rental and leasing company in Tulsa, Oklahoma. Its estimated annual revenue is about $10.9M, with roughly $3.2M of EBITDA. It has about 26 employees. Its estimated business value is $17.7M (likely range $9.3M–$24.2M).
Common questions
- Who owns Tpe Midstream LLC?
- The owner of Tpe Midstream 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 Tpe Midstream LLC make?
- SeeBITDA estimates Tpe Midstream LLC's annual revenue at about $10.9M (likely between $7.1M and $12.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tpe Midstream LLC worth?
- About $17.7M, roughly 5.5× its estimated EBITDA of $3.2M, typical for a other commercial and industrial machinery and equipment rental and leasing company its size. Likely range: $9.3M–$24.2M.
- How many employees does Tpe Midstream LLC have?
- About 26, from its 2021 retirement-plan filing.