American Asphalt Co Inc
How we got $6.7M
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| AMERICAN ASPHALT CO INC this business | $13.3M | — |
| Consulting And Field Services Test Lab Tulsa | $19.7M | 0.1 mi |
| WILNAT, INC. Tulsa | $166.5M | 5.8 mi |
| JCL SAFETY SERVICES, LLC Tulsa · 90 employees | $1.02B | 6.3 mi |
| ASPHALT AND FUEL SUPPLY, LLC Tulsa · 23 employees | $47.2M | 9.1 mi |
| ASPHALT AND FUEL TRANSPORT LLC Tulsa · 33 employees | $65.0M | 9.1 mi |
| BRASHEAR PAVEMENT COATINGS, LLC Tulsa · 4 employees | $6.7M | 9.7 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $1.1M |
| Revenue = employees × revenue per employee | $13.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.5M |
| Cross-check: revenue implied by PPP payroll | $3.5M |
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 | $6.7M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.2M – $9.5M |
| Revenue range | $7.9M – $15.7M |
| EBITDA range | $879K – $1.8M |
| Industry (NAICS) | Asphalt Paving Mixture and Block Manufacturing (324121) |
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
History & advisors
Advisors
- BankingVast Bank, National Association, Armstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
| Vast Bank, National Association PPP 2020 | All 359 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 | $27K | 6 |
| 2/10/2021 | second | $27K | 6 |
About American Asphalt Co Inc
American Asphalt Co Inc is an asphalt paving mixture and block manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $13.3M, with roughly $1.5M of EBITDA. It has about 6 employees. Its estimated business value is $6.7M (likely range $3.2M–$9.5M).
Common questions
- Who owns American Asphalt Co Inc?
- The owner of American Asphalt Co Inc 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 American Asphalt Co Inc make?
- SeeBITDA estimates American Asphalt Co Inc's annual revenue at about $13.3M (likely between $7.9M and $15.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Asphalt Co Inc worth?
- About $6.7M, roughly 4.5× its estimated EBITDA of $1.5M, typical for a asphalt paving mixture and block manufacturing company its size. Likely range: $3.2M–$9.5M.
- How many employees does American Asphalt Co Inc have?
- About 6, as reported on its PPP loan.