Mek Oil & Gas LLC
How we got $259K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 1% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MEK OIL & GAS LLC this business | $329K | — |
| MCDONALD LAND, LLC Washington | $2.4M | 0.2 mi |
| PRECISION HDD DRILLING LLC Washington · 35 employees | $9.8M | 2.3 mi |
| COIL CHEM LLC Washington · 40 employees | $14.4M | 2.9 mi |
| M E KLEIN & ASSOCIATES, LLC Washington · 3 employees | $1.2M | 3.3 mi |
| MCDONALD LAND SERVICES LLC Washington · 10 employees | $3.5M | 3.4 mi |
| TIERNEY TITLE LLC Washington · 227 employees | $84.4M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $304K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $357K |
| Estimate: the two combined (geometric mean) | $329K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $130K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 15% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $259K |
| Multiple for this size and industry | 2× |
| Value range | $156K – $405K |
| Revenue range | $247K – $428K |
| EBITDA range | $97K – $169K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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 First State 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 Roles are as stated there and may be out of date.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
| First State Bank PPP 2021 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/10/2021 | first | $15K | 1 |
About Mek Oil & Gas LLC
Mek Oil & Gas LLC is an oil & gas company in Goldsby, Oklahoma. Its estimated annual revenue is about $329K, with roughly $130K of EBITDA. It has about 1 employees. Its estimated business value is $259K (likely range $156K–$405K).
Common questions
- Who owns Mek Oil & Gas LLC?
- The owner of Mek Oil & Gas 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 Mek Oil & Gas LLC make?
- SeeBITDA estimates Mek Oil & Gas LLC's annual revenue at about $329K (likely between $247K and $428K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mek Oil & Gas LLC worth?
- About $259K, roughly 2× its estimated EBITDA of $130K, typical for a oil & gas company its size. Likely range: $156K–$405K.
- How many employees does Mek Oil & Gas LLC have?
- About 1, as reported on its PPP loan.