Msm Propane, Inc
How we got $13.2M
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| MSM PROPANE, INC this business | $11.5M | — |
| GRAYSTONE EMISSIONS, LLC Coalgate · 4 employees | $13.6M | 20.3 mi |
| JADECO LLC Stonewall · 1 employees | $2.7M | 35.2 mi |
| PRE-MC, INC. Allen · 7 employees | $32.4M | 38.8 mi |
| FUTURE ENERGY SERVICES OF OKLAHOMA Kingston · 44 employees | $163.9M | 43.8 mi |
| HARPER OIL & GAS LLC Mcalester · 1 employees | $3.7M | 45.0 mi |
| POSITIVE ENERGY LLC Ada · 11 employees | $51.0M | 45.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $4.8M |
| Revenue = employees × revenue per employee | $11.5M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.8M |
| Cross-check: revenue implied by PPP payroll | $1.5M |
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 | $13.2M |
| Multiple for this size and industry | 4.7× |
| Value range | $6.3M – $18.8M |
| Revenue range | $6.8M – $13.6M |
| EBITDA range | $1.7M – $3.3M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $7K | 2 |
About Msm Propane, Inc
Msm Propane, Inc is a natural gas extraction company in Atoka, Oklahoma. Its estimated annual revenue is about $11.5M, with roughly $2.8M of EBITDA. It has about 2 employees. Its estimated business value is $13.2M (likely range $6.3M–$18.8M).
Common questions
- Who owns Msm Propane, Inc?
- The owner of Msm Propane, 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 Msm Propane, Inc make?
- SeeBITDA estimates Msm Propane, Inc's annual revenue at about $11.5M (likely between $6.8M and $13.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Msm Propane, Inc worth?
- About $13.2M, roughly 4.7× its estimated EBITDA of $2.8M, typical for a natural gas extraction company its size. Likely range: $6.3M–$18.8M.
- How many employees does Msm Propane, Inc have?
- About 2, as reported on its PPP loan.