Affordable Asphalt & Maintenance Co
How we got $7.1M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
Affordable Asphalt & Maintenance Company Inc. is a paving contractor based in Sand Springs, OK that provides asphalt and concrete services for residential and commercial customers in the Tulsa area.
From the company's website. Industry: Asphalt Paving Mixture and Block Manufacturing.
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 |
|---|---|---|
| AFFORDABLE ASPHALT & MAINTENANCE CO this business | $14.2M | — |
| Hf Sinclair Refinery Offices Tulsa | $19.7M | 7.0 mi |
| AXEL ROYAL LLC Tulsa · 138 employees | $165.9M | 7.1 mi |
| SKINNER BROTHERS COMPANY INC Tulsa · 14 employees | $15.5M | 9.5 mi |
| BRASHEAR PAVEMENT COATINGS, LLC Tulsa · 4 employees | $6.7M | 10.4 mi |
| CARRERA GAS COMPANIES LLC Tulsa | $25.6M | 11.4 mi |
| ASPHALT AND FUEL SUPPLY, LLC Tulsa · 23 employees | $47.2M | 11.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.9M |
| Estimate: the two combined (geometric mean) | $14.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.6M |
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 | $7.1M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.8M – $9.8M |
| Revenue range | $9.3M – $16.1M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Asphalt Paving Mixture and Block Manufacturing (324121) |
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
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020 | All 446 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 | $101K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Affordable Asphalt & Maintenance Co
Affordable Asphalt & Maintenance Co is an asphalt paving mixture and block manufacturing company in Sand Springs, Oklahoma, in business since 2009. Its estimated annual revenue is about $14.2M, with roughly $1.6M of EBITDA. It has about 10 employees. Its estimated business value is $7.1M (likely range $3.8M–$9.8M).
Common questions
- Who owns Affordable Asphalt & Maintenance Co?
- The owner of Affordable Asphalt & Maintenance Co 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 Affordable Asphalt & Maintenance Co make?
- SeeBITDA estimates Affordable Asphalt & Maintenance Co's annual revenue at about $14.2M (likely between $9.3M and $16.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Affordable Asphalt & Maintenance Co worth?
- About $7.1M, roughly 4.5× its estimated EBITDA of $1.6M, typical for a asphalt paving mixture and block manufacturing company its size. Likely range: $3.8M–$9.8M.
- How many employees does Affordable Asphalt & Maintenance Co have?
- About 10, as reported on its PPP loan.
- When was Affordable Asphalt & Maintenance Co founded?
- Affordable Asphalt & Maintenance Co has been in business since 2009.