3c Stone Company LLC
How we got $11.4M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 20% 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 |
|---|---|---|
| 3C STONE COMPANY LLC this business | $8.5M | — |
| COYLE STONE LLC Stigler · 33 employees | $23.4M | 0.0 mi |
| SUPERIOR STONE LLC Stigler · 4 employees | $1.3M | 0.0 mi |
| QUAILITY STONE QUARRIES LLC Stigler · 39 employees | $10.7M | 3.5 mi |
| BEDROCK STONE LLC Stigler · 2 employees | $1.4M | 5.4 mi |
| BUMPERS CONSTRUCTION & TRUCKING COMPANY, INC. Stigler · 15 employees | $4.9M | 5.7 mi |
| ROCK PRODUCERS, INC Bokoshe · 3 employees | $1.6M | 17.0 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.6M |
| Estimate: the two combined (geometric mean) | $8.5M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.1M |
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 | $11.4M |
| Multiple for this size and industry | 5.5× |
| Value range | $6.0M – $15.5M |
| Revenue range | $5.6M – $9.7M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Other Crushed and Broken Stone Mining and Quarrying (212319) |
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. 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 State 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 Roles are as stated there and may be out of date.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
| The Farmers State Bank PPP 2020, PPP 2021 | All 85 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $117K | 20 |
| 1/16/2021 | second | $117K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 3c Stone Company LLC
3c Stone Company LLC is an other crushed and broken stone mining and quarrying company in Stigler, Oklahoma. It is owned by CAROL SPRADLIN. Its estimated annual revenue is about $8.5M, with roughly $2.1M of EBITDA. It has about 20 employees. Its estimated business value is $11.4M (likely range $6.0M–$15.5M).
Common questions
- Who owns 3c Stone Company LLC?
- 3c Stone Company LLC is owned by CAROL SPRADLIN, according to public sources such as the company's website or filings.
- How much revenue does 3c Stone Company LLC make?
- SeeBITDA estimates 3c Stone Company LLC's annual revenue at about $8.5M (likely between $5.6M and $9.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 3c Stone Company LLC worth?
- About $11.4M, roughly 5.5× its estimated EBITDA of $2.1M, typical for a other crushed and broken stone mining and quarrying company its size. Likely range: $6.0M–$15.5M.
- How many employees does 3c Stone Company LLC have?
- About 20, as reported on its PPP loan.