Whetstone Consulting Company
How we got $2.0M
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| WHETSTONE CONSULTING COMPANY this business | $2.2M | — |
| GORE NITROGEN PUMPING SERVICE, LLC Seiling · 154 employees | $109.2M | 5.9 mi |
| RIVERRAT OILFIELD SERVICES, LLC Mutual · 15 employees | $6.3M | 7.3 mi |
| JANOW CONSULTING LLC Fairview · 2 employees | $1.1M | 7.6 mi |
| RED DIRT WELL TESTING Mutual · 1 employees | $711K | 11.3 mi |
| BAIRD FORKLIFT & TRUCKING LLC Canton · 2 employees | $1.3M | 15.8 mi |
| D SILCOTT SERVICES INC Longdale · 1 employees | $437K | 17.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $2.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $676K |
| Cross-check: revenue implied by PPP payroll | $246K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $960K – $2.9M |
| Revenue range | $1.3M – $2.6M |
| EBITDA range | $400K – $800K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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 Farmers and Merchants National Bank of FairviewPPP / 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 Roles are as stated there and may be out of date.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 Farmers and Merchants National Bank of Fairview PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $6K | 4 |
About Whetstone Consulting Company
Whetstone Consulting Company is an oil & gas company in Chester, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $676K of EBITDA. It has about 4 employees. Its estimated business value is $2.0M (likely range $960K–$2.9M).
Common questions
- Who owns Whetstone Consulting Company?
- The owner of Whetstone Consulting Company 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 Whetstone Consulting Company make?
- SeeBITDA estimates Whetstone Consulting Company's annual revenue at about $2.2M (likely between $1.3M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Whetstone Consulting Company worth?
- About $2.0M, roughly 3× its estimated EBITDA of $676K, typical for a oil & gas company its size. Likely range: $960K–$2.9M.
- How many employees does Whetstone Consulting Company have?
- About 4, as reported on its PPP loan.