Ward Oil Company LLC
How we got $296K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 30% since 2021Today'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 |
|---|---|---|
| WARD OIL COMPANY LLC this business | $2.2M | — |
| LOVERA GROCERY, INC Krebs · 22 employees | $8.3M | 0.7 mi |
| HENDRICK-ALLEN MARKET, LLC. Mcalester · 18 employees | $7.3M | 3.0 mi |
| ALAN W ELWELL Mcalester · 1 employees | $766K | 12.5 mi |
| ROY H. SMITH & SON INC. Wilburton · 87 employees | $28.5M | 21.3 mi |
| MCCASLAND & MCCASLAND, INC Wilburton · 12 employees | $3.4M | 22.5 mi |
| B&B HANDY STOP INC Tuskahoma · 4 employees | $2.2M | 28.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $148K |
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 | $296K |
| Multiple for this size and industry | 2× |
| Value range | $156K – $405K |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $97K – $169K |
| Industry (NAICS) | Grocery and Convenience Retailers (445120) |
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 Bank National AssociationPPP / 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 Roles are as stated there and may be out of date.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 Bank National Association PPP 2021 | All 161 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | second | $22K | 5 |
About Ward Oil Company LLC
Ward Oil Company LLC is a grocery and convenience retailers company in Krebs, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $148K of EBITDA. It has about 5 employees. Its estimated business value is $296K (likely range $156K–$405K).
Common questions
- Who owns Ward Oil Company LLC?
- The owner of Ward Oil Company 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 Ward Oil Company LLC make?
- SeeBITDA estimates Ward Oil Company LLC's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ward Oil Company LLC worth?
- About $296K, roughly 2× its estimated EBITDA of $148K, typical for a grocery and convenience retailers company its size. Likely range: $156K–$405K.
- How many employees does Ward Oil Company LLC have?
- About 5, as reported on its PPP loan.