Poorboy Well Service, L.L.C.
How we got $4.7M
Based on its 22 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 5% 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 |
|---|---|---|
| POORBOY WELL SERVICE, L.L.C. this business | $4.7M | — |
| JOSHUA BARTLING Velma · 2 employees | $568K | 0.1 mi |
| ALLRED SERVICES INC Velma · 7 employees | $2.5M | 0.1 mi |
| ALLIGATOR ROCK WELL SERVICE LLC Velma · 3 employees | $814K | 0.2 mi |
| KLEEN OILFIED SERVICE CO Velma · 101 employees | $35.7M | 0.2 mi |
| KLEEN OILFIELD SERVICES CO. Velma · 108 employees | $25.5M | 0.4 mi |
| SIKES OIL COMPANY INC Velma · 2 employees | $511K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.3M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 15% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $4.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.8M – $7.4M |
| Revenue range | $3.5M – $6.1M |
| EBITDA range | $983K – $1.7M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingLegacy BankPPP / 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 Roles are as stated there and may be out of date.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
| Legacy Bank 7(a) 2021, 7(a) 2022, 7(a) 2023, PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $219K | 22 |
Public records
| Jan 2023 | 7(a) | $160K |
| Jun 2022 | 7(a) | $36K |
| Aug 2021 | 7(a) | $34K |
| Jun 2021 | 7(a) | $26K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Poorboy Well Service, L.L.C.
Poorboy Well Service, L.L.C. is an oil & gas company in Velma, Oklahoma, in business since 2010. Its estimated annual revenue is about $4.7M, with roughly $1.3M of EBITDA. It has about 22 employees. Its estimated business value is $4.7M (likely range $2.8M–$7.4M).
Common questions
- Who owns Poorboy Well Service, L.L.C.?
- The owner of Poorboy Well Service, L.L.C. 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 Poorboy Well Service, L.L.C. make?
- SeeBITDA estimates Poorboy Well Service, L.L.C.'s annual revenue at about $4.7M (likely between $3.5M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Poorboy Well Service, L.L.C. worth?
- About $4.7M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a oil & gas company its size. Likely range: $2.8M–$7.4M.
- How many employees does Poorboy Well Service, L.L.C. have?
- About 22, as reported on its PPP loan.
- When was Poorboy Well Service, L.L.C. founded?
- Poorboy Well Service, L.L.C. has been in business since 2010.