Western Fuel Co., LLC
How we got $5.9M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| WESTERN FUEL CO., LLC this business | $32.7M | — |
| ELITE FUEL SERVICES, LLC Purcell · 2 employees | $17.3M | 10.1 mi |
| P&C SERVICE INC. Lindsay · 3 employees | $20.2M | 10.2 mi |
| KECK'S PROPANE LLC Foster · 2 employees | $9.9M | 15.0 mi |
| NOBLE LIQUID PROPANE, INC Noble · 1 employees | $13.2M | 21.9 mi |
| OKLAHOMA PUMP AND TANK, INC. Norman · 6 employees | $29.5M | 26.6 mi |
| LAWSON RETAIL OPERATIONS Norman · 51 employees | $672.8M | 29.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $39.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $27.1M |
| Estimate: the two combined (geometric mean) | $32.7M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.4M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 1% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $5.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.5M – $9.2M |
| Revenue range | $24.5M – $42.5M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720) |
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
- BankingSimmons 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 Roles are as stated there and may be out of date.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
| Simmons Bank PPP 2020 | All 789 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 | $42K | 3 |
About Western Fuel Co., LLC
Western Fuel Co., LLC is a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company in Maysville, Oklahoma. Its estimated annual revenue is about $32.7M, with roughly $1.4M of EBITDA. It has about 3 employees. Its estimated business value is $5.9M (likely range $3.5M–$9.2M).
Common questions
- Who owns Western Fuel Co., LLC?
- The owner of Western Fuel Co., 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 Western Fuel Co., LLC make?
- SeeBITDA estimates Western Fuel Co., LLC's annual revenue at about $32.7M (likely between $24.5M and $42.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Western Fuel Co., LLC worth?
- About $5.9M, roughly 4.3× its estimated EBITDA of $1.4M, typical for a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company its size. Likely range: $3.5M–$9.2M.
- How many employees does Western Fuel Co., LLC have?
- About 3, as reported on its PPP loan.