M & J Hotshot Service, Inc.
How we got $275K
Based on its 1 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 25 years (since 2001)
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 |
|---|---|---|
| M & J HOTSHOT SERVICE, INC. this business | $349K | — |
| 5M OILFIELD SERVICES, LLC. Elk City · 1 employees | $575K | 0.2 mi |
| CASINJAC, LLC Elk City · 1 employees | $716K | 0.2 mi |
| ROGERS OILFIELD SERVICES, LLC Elk City · 1 employees | $653K | 0.3 mi |
| RDH CONSULTING, LLC Elk City · 1 employees | $639K | 0.3 mi |
| SMITH MUD CONSULTING, LLC Elk City · 1 employees | $711K | 0.6 mi |
| MERZ OILFIELD SERVICES LLC Elk City · 2 employees | $1.4M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $470K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $199K |
| Estimate: the two combined (geometric mean) | $349K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $137K |
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 | $275K |
| Multiple for this size and industry | 2× |
| Value range | $144K – $376K |
| Revenue range | $229K – $397K |
| EBITDA range | $90K – $157K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/12/2020 | first | $5K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About M & J Hotshot Service, Inc.
M & J Hotshot Service, Inc. is an oil & gas company in Elk City, Oklahoma, in business since 2001. Its estimated annual revenue is about $349K, with roughly $137K of EBITDA. It has about 1 employees. Its estimated business value is $275K (likely range $144K–$376K).
Common questions
- Who owns M & J Hotshot Service, Inc.?
- The owner of M & J Hotshot Service, 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 M & J Hotshot Service, Inc. make?
- SeeBITDA estimates M & J Hotshot Service, Inc.'s annual revenue at about $349K (likely between $229K and $397K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is M & J Hotshot Service, Inc. worth?
- About $275K, roughly 2× its estimated EBITDA of $137K, typical for a oil & gas company its size. Likely range: $144K–$376K.
- How many employees does M & J Hotshot Service, Inc. have?
- About 1, as reported on its PPP loan.
- When was M & J Hotshot Service, Inc. founded?
- M & J Hotshot Service, Inc. has been in business since 2001.