Phil-Mar, Inc.
How we got $9.7M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 36 years (since 1990)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| PHIL-MAR, INC. this business | $7.9M | — |
| FITTS ENTERPRISES, LLC Beaver · 1 employees | $620K | 0.1 mi |
| RIGGS ROUSTABOUT & HOT SHOT SERVICE INC Beaver · 4 employees | $1.7M | 0.1 mi |
| STEVE GABEL CONTRACT PUMPING, INC. Beaver · 3 employees | $1.4M | 0.2 mi |
| HARDBERGER & SMYLIE, INC Beaver · 22 employees | $11.0M | 0.5 mi |
| CLEAR LAKE OIL LLC Beaver · 1 employees | $712K | 0.6 mi |
| H.D.C. AG, L.L.C. Beaver · 21 employees | $10.7M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.1M |
| Estimate: the two combined (geometric mean) | $7.9M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.2M |
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 | $9.7M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.1M – $13.2M |
| Revenue range | $5.2M – $9.0M |
| EBITDA range | $1.4M – $2.5M |
| 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
- BankingFirstBank SouthwestPPP / 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 Roles are as stated there and may be out of date.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
| FirstBank Southwest PPP 2020, PPP 2021 | All 22 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $247K | 17 |
| 2/20/2021 | second | $208K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Phil-Mar, Inc.
Phil-Mar, Inc. is an oil & gas company in Beaver, Oklahoma, in business since 1990. Its estimated annual revenue is about $7.9M, with roughly $2.2M of EBITDA. It has about 17 employees. Its estimated business value is $9.7M (likely range $5.1M–$13.2M).
Common questions
- Who owns Phil-Mar, Inc.?
- The owner of Phil-Mar, 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 Phil-Mar, Inc. make?
- SeeBITDA estimates Phil-Mar, Inc.'s annual revenue at about $7.9M (likely between $5.2M and $9.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Phil-Mar, Inc. worth?
- About $9.7M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a oil & gas company its size. Likely range: $5.1M–$13.2M.
- How many employees does Phil-Mar, Inc. have?
- About 17, as reported on its PPP loan.
- When was Phil-Mar, Inc. founded?
- Phil-Mar, Inc. has been in business since 1990.