Belter Construction Corporation
How we got $2.2M
Based on its 16 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 1% since 2021Today'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 |
|---|---|---|
| BELTER CONSTRUCTION CORPORATION this business | $6.7M | — |
| J & B PUMP & SUPPLY, LLC Luther · 8 employees | $2.9M | 3.6 mi |
| BOWEN PIPELINE SERVICES, L.L.C. Edmond · 144 employees | $61.0M | 6.4 mi |
| HASKELL SERVICES LLC Guthrie · 1 employees | $667K | 6.6 mi |
| FUSION MECHANICAL LLC Edmond · 81 employees | $33.8M | 7.5 mi |
| DAVENPORT CONSTRUCTION INC Edmond · 10 employees | $4.2M | 7.5 mi |
| UTILITY DATA SERVICES, INC. Edmond · 3 employees | $2.8M | 7.6 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.8M |
| Estimate: the two combined (geometric mean) | $6.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $799K |
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 | $2.2M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.2M – $3.1M |
| Revenue range | $4.4M – $7.6M |
| EBITDA range | $526K – $911K |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/27/2021 | second | $200K | 16 |
About Belter Construction Corporation
Belter Construction Corporation is an oil and gas pipeline and related structures construction company in Arcadia, Oklahoma. Its estimated annual revenue is about $6.7M, with roughly $799K of EBITDA. It has about 16 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.1M).
Common questions
- Who owns Belter Construction Corporation?
- The owner of Belter Construction Corporation 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 Belter Construction Corporation make?
- SeeBITDA estimates Belter Construction Corporation's annual revenue at about $6.7M (likely between $4.4M and $7.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Belter Construction Corporation worth?
- About $2.2M, roughly 2.8× its estimated EBITDA of $799K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $1.2M–$3.1M.
- How many employees does Belter Construction Corporation have?
- About 16, as reported on its PPP loan.