Parks Oil Tools, LLC
How we got $832K
Based on its 2 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 |
|---|---|---|
| PARKS OIL TOOLS, LLC this business | $1.0M | — |
| RAMCO PACKERS INC Blanchard · 5 employees | $2.1M | 0.8 mi |
| RANK INDUSTRIES, LLC Blanchard · 3 employees | $2.3M | 1.3 mi |
| STRINGUP SPECIALISTS INC Blanchard · 1 employees | $670K | 2.7 mi |
| STEVENS OILFIELD SERVICES LLC Blanchard · 1 employees | $711K | 2.9 mi |
| C&C TANK SERVICES, LLC Blanchard · 10 employees | $4.6M | 3.1 mi |
| TROGLIN TANK GAUGE SERVICES LLC Blanchard · 3 employees | $1.3M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $870K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $346K |
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 | $832K |
| Multiple for this size and industry | 2.4× |
| Value range | $438K – $1.1M |
| Revenue range | $678K – $1.2M |
| EBITDA range | $228K – $395K |
| 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
People & advisors
Advisors
- BankingThe First National Bank and Trust Co, Chickasha, OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $22K | 2 |
About Parks Oil Tools, LLC
Parks Oil Tools, LLC is an oil & gas company in Blanchard, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $346K of EBITDA. It has about 2 employees. Its estimated business value is $832K (likely range $438K–$1.1M).
Common questions
- Who owns Parks Oil Tools, LLC?
- The owner of Parks Oil Tools, 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 Parks Oil Tools, LLC make?
- SeeBITDA estimates Parks Oil Tools, LLC's annual revenue at about $1.0M (likely between $678K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Parks Oil Tools, LLC worth?
- About $832K, roughly 2.4× its estimated EBITDA of $346K, typical for a oil & gas company its size. Likely range: $438K–$1.1M.
- How many employees does Parks Oil Tools, LLC have?
- About 2, as reported on its PPP loan.