Northwest Drilling Services LLC
How we got $1.6M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| NORTHWEST DRILLING SERVICES LLC this business | $1.8M | — |
| POWER RIG, LLC Woodward · 156 employees | $75.0M | 0.2 mi |
| COMBS SERVICES LLC Woodward · 2 employees | $876K | 0.3 mi |
| SUMMIT LAYDOWN SERVICE, INC Woodward · 76 employees | $40.0M | 0.3 mi |
| KRYCO LLC Woodward · 10 employees | $4.4M | 0.4 mi |
| PETROLEUM SERVICES, INC Woodward · 10 employees | $3.8M | 2.5 mi |
| ATLAS DRILLING, LLC Woodward · 56 employees | $30.2M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $535K |
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 | $1.6M |
| Multiple for this size and industry | 3× |
| Value range | $845K – $2.2M |
| Revenue range | $1.2M – $2.0M |
| EBITDA range | $352K – $610K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
History & advisors
Advisors
- BankingBank 7PPP / 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 Roles are as stated there and may be out of date.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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $43K | 2 |
| 4/9/2021 | second | $43K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Northwest Drilling Services LLC
Northwest Drilling Services LLC is an oil & gas company in Woodward, Oklahoma, in business since 2012. Its estimated annual revenue is about $1.8M, with roughly $535K of EBITDA. It has about 3 employees. Its estimated business value is $1.6M (likely range $845K–$2.2M).
Common questions
- Who owns Northwest Drilling Services LLC?
- The owner of Northwest Drilling Services 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 Northwest Drilling Services LLC make?
- SeeBITDA estimates Northwest Drilling Services LLC's annual revenue at about $1.8M (likely between $1.2M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Northwest Drilling Services LLC worth?
- About $1.6M, roughly 3× its estimated EBITDA of $535K, typical for a oil & gas company its size. Likely range: $845K–$2.2M.
- How many employees does Northwest Drilling Services LLC have?
- About 3, as reported on its PPP loan.
- When was Northwest Drilling Services LLC founded?
- Northwest Drilling Services LLC has been in business since 2012.