Elite Irrigation & Drilling, Inc.
How we got $995K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| ELITE IRRIGATION & DRILLING, INC. this business | $2.5M | — |
| WALTERS IRRIGATION INC Turpin · 7 employees | $3.0M | 0.1 mi |
| ADVANCED WATER SOLUTIONS, LLC Guymon · 7 employees | $2.1M | 34.9 mi |
| DO IT RIGHT IRRIGATION LLC Laverne · 1 employees | $282K | 49.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $332K |
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 | $995K |
| Multiple for this size and industry | 3× |
| Value range | $524K – $1.4M |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $218K – $378K |
| Industry (NAICS) | Water Supply and Irrigation Systems (221310) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingThe Bank of Beaver CityPPP / 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 Roles are as stated there and may be out of date.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
| The Bank of Beaver City PPP 2020, PPP 2021 | All 54 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 | $93K | 6 |
| 2/12/2021 | second | $100K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elite Irrigation & Drilling, Inc.
Elite Irrigation & Drilling, Inc. is a water supply and irrigation systems company in Turpin, Oklahoma, in business since 2016. Its estimated annual revenue is about $2.5M, with roughly $332K of EBITDA. It has about 6 employees. Its estimated business value is $995K (likely range $524K–$1.4M).
Common questions
- Who owns Elite Irrigation & Drilling, Inc.?
- The owner of Elite Irrigation & Drilling, 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 Elite Irrigation & Drilling, Inc. make?
- SeeBITDA estimates Elite Irrigation & Drilling, Inc.'s annual revenue at about $2.5M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Irrigation & Drilling, Inc. worth?
- About $995K, roughly 3× its estimated EBITDA of $332K, typical for a water supply and irrigation systems company its size. Likely range: $524K–$1.4M.
- How many employees does Elite Irrigation & Drilling, Inc. have?
- About 6, as reported on its PPP loan.
- When was Elite Irrigation & Drilling, Inc. founded?
- Elite Irrigation & Drilling, Inc. has been in business since 2016.