Varnell Consulting Inc.
How we got $4.4M
Based on its 8 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 |
|---|---|---|
| VARNELL CONSULTING INC. this business | $4.4M | — |
| RAFTER R CONSULTING Wilburton · 1 employees | $388K | 0.4 mi |
| REEVES GEOLOGICAL LLC Wilburton · 2 employees | $1.1M | 0.5 mi |
| BP Wilburton | $1.5M | 1.9 mi |
| Wynn Jim Rental Sales & Service Wilburton | $1.5M | 2.1 mi |
| TRIPLE BBB HOTSHOT SERVICES LLC Wilburton · 1 employees | $670K | 2.3 mi |
| Thurmond (previously Thurmond Mcglothlin) Wilburton | $1.5M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.0M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.3M – $6.1M |
| Revenue range | $2.9M – $5.1M |
| EBITDA range | $811K – $1.4M |
| 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
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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 Roles are as stated there and may be out of date.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
| First National Bank & Trust Company of McAlester PPP 2020 | All 248 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $134K | 8 |
About Varnell Consulting Inc.
Varnell Consulting Inc. is an oil & gas company in Wilburton, Oklahoma. Its estimated annual revenue is about $4.4M, with roughly $1.2M of EBITDA. It has about 8 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.1M).
Common questions
- Who owns Varnell Consulting Inc.?
- The owner of Varnell Consulting 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 Varnell Consulting Inc. make?
- SeeBITDA estimates Varnell Consulting Inc.'s annual revenue at about $4.4M (likely between $2.9M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Varnell Consulting Inc. worth?
- About $4.4M, roughly 3.6× its estimated EBITDA of $1.2M, typical for a oil & gas company its size. Likely range: $2.3M–$6.1M.
- How many employees does Varnell Consulting Inc. have?
- About 8, as reported on its PPP loan.