B and L Underground, LLC
How we got $427K
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
▲ 21% 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 |
|---|---|---|
| B AND L UNDERGROUND, LLC this business | $1.7M | — |
| RON'S DOZER SERVICE, INC Coweta · 9 employees | $4.0M | 6.7 mi |
| JENTECH CONSTRUCTION SERVICES LLC Fort Gibson · 24 employees | $13.4M | 17.0 mi |
| TRAVIS SERVICES LLC Broken Arrow · 1 employees | $549K | 19.9 mi |
| WOODCHUCK OUTDOOR, LLC Broken Arrow · 5 employees | $2.2M | 22.0 mi |
| MAGNUM CONSTRUCTION, INC. Broken Arrow · 35 employees | $17.5M | 23.8 mi |
| SITE SOLUTIONS LLC Tulsa · 2 employees | $2.0M | 25.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $225K |
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 | $427K |
| Multiple for this size and industry | 1.9× |
| Value range | $225K – $584K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $148K – $256K |
| Industry (NAICS) | Other Heavy and Civil Engineering Construction (237990) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $23K | 3 |
About B and L Underground, LLC
B and L Underground, LLC is an other heavy and civil engineering construction company in Porter, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $225K of EBITDA. It has about 3 employees. Its estimated business value is $427K (likely range $225K–$584K).
Common questions
- Who owns B and L Underground, LLC?
- The owner of B and L Underground, 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 B and L Underground, LLC make?
- SeeBITDA estimates B and L Underground, LLC's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is B and L Underground, LLC worth?
- About $427K, roughly 1.9× its estimated EBITDA of $225K, typical for a other heavy and civil engineering construction company its size. Likely range: $225K–$584K.
- How many employees does B and L Underground, LLC have?
- About 3, as reported on its PPP loan.