Noble Resources, Inc.
How we got $5.9M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 21% 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 |
|---|---|---|
| NOBLE RESOURCES, INC. this business | $4.9M | — |
| PAIGE LYNN HULSE LLC Tulsa · 1 employees | $4.0M | 20.3 mi |
| ANADARKO ROYALTY PARTNERSHIP Jenks · 3 employees | $12.0M | 23.2 mi |
| LIQUIS INC Tulsa · 6 employees | $7.5M | 30.6 mi |
| DUNKLE OIL, LLC Bartlesville · 1 employees | $2.9M | 47.4 mi |
| JEREMY DUNKLE Bartlesville · 1 employees | $3.7M | 47.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 27% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.1M – $8.1M |
| Revenue range | $3.2M – $5.6M |
| EBITDA range | $867K – $1.5M |
| Industry (NAICS) | Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (533110) |
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. 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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $18K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Noble Resources, Inc.
Noble Resources, Inc. is a lessors of nonfinancial intangible assets (except copyrighted works) company in Mannford, Oklahoma, in business since 2011. Its estimated annual revenue is about $4.9M, with roughly $1.3M of EBITDA. It has about 2 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.1M).
Common questions
- Who owns Noble Resources, Inc.?
- The owner of Noble Resources, 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 Noble Resources, Inc. make?
- SeeBITDA estimates Noble Resources, Inc.'s annual revenue at about $4.9M (likely between $3.2M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Noble Resources, Inc. worth?
- About $5.9M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a lessors of nonfinancial intangible assets (except copyrighted works) company its size. Likely range: $3.1M–$8.1M.
- How many employees does Noble Resources, Inc. have?
- About 2, as reported on its PPP loan.
- When was Noble Resources, Inc. founded?
- Noble Resources, Inc. has been in business since 2011.