Bullet Energy Services ,LLC
How we got $9.7M
Based on its 58 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 17% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BULLET ENERGY SERVICES ,LLC this business | $19.0M | — |
| BARTLING'S PUMP TRUCKS LLC Velma · 2 employees | $1.1M | 0.5 mi |
| TIM'S HOT OIL SERVICE, INC. Ratliff City · 2 employees | $2.0M | 5.7 mi |
| OPEN ROAD LLC Duncan · 13 employees | $4.6M | 11.8 mi |
| SALT CREEK TRUCKING LLC Duncan · 1 employees | $511K | 12.4 mi |
| GRADY TRANSPORT LLC Duncan · 1 employees | $683K | 17.0 mi |
| GRADY TRANSPORTATION LLC Duncan · 1 employees | $683K | 17.0 mi |
The full calculation
| Employees reported to the SBA | 58 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.5M |
| Estimate: the two combined (geometric mean) | $19.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.1M |
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 | $9.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $5.1M – $13.2M |
| Revenue range | $12.5M – $21.6M |
| EBITDA range | $1.4M – $2.3M |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
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
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $666K | 58 |
| 2/5/2021 | second | $666K | 52 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bullet Energy Services ,LLC
Bullet Energy Services ,LLC is a specialized freight (except used goods) trucking, local company in Velma, Oklahoma, in business since 2008. Its estimated annual revenue is about $19.0M, with roughly $2.1M of EBITDA. It has about 58 employees. Its estimated business value is $9.7M (likely range $5.1M–$13.2M).
Common questions
- Who owns Bullet Energy Services ,LLC?
- The owner of Bullet Energy Services ,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 Bullet Energy Services ,LLC make?
- SeeBITDA estimates Bullet Energy Services ,LLC's annual revenue at about $19.0M (likely between $12.5M and $21.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bullet Energy Services ,LLC worth?
- About $9.7M, roughly 4.7× its estimated EBITDA of $2.1M, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $5.1M–$13.2M.
- How many employees does Bullet Energy Services ,LLC have?
- About 58, as reported on its PPP loan.
- When was Bullet Energy Services ,LLC founded?
- Bullet Energy Services ,LLC has been in business since 2008.