SeeBITDAOklahoma
  • 1623 6TH ST, Tulsa, OK
  • Since 1946
Estimated valueMedium confidence
$4.0M
$2.1Mlikely range$5.4M
About 4.3× its yearly profit, typical for a company this size in its industry.
Revenue
$5.6M
a year
Profit (EBITDA)
$922K
16% of revenue
Employees
15
reported in 2020
Jenni Hammock
President · source
Likely to sell

How we got $4.0M

Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.

15 employees × $290K each$4.4M
PPP payroll ÷ payroll's usual share of revenue$5.6M
Shown toward the top of its range×1.14
Revenue$5.6M
× 16% profit margin$922K
× 4.3 sale multiple = value$4.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 80 years (since 1946)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

BKL, Inc. is an architecture and engineering firm in Tulsa, Oklahoma that designs practical solutions for people and communities, with work including courthouses, public safety facilities, maintenance facilities and transportation projects.

Products & services
ArchitectureEngineeringCivil engineeringStructural engineeringInterior DesignMaster PlanningStormwaterRoadways
Markets served
CountiesMunicipalitiesBusinessesCivicJudicialDetentionPublic SafetyStormwater
Service area
OklahomaTulsaClaremore, OklahomaRogers CountyTulsa CountyBroken ArrowOwassoCraig County
Certifications
EPA Stormwater Management (Section 438) requirements

From the company's website. Industry: Engineering & architecture.

Customers & suppliers

Customers

  • Rogers County · named on its website
  • Tulsa County · named on its website
  • Broken Arrow Public Safety Complex · named on its website
  • Craig County Courthouse & Jail · named on its website
  • Mayes County Courthouse · named on its website
  • Creek County Courthouse · named on its website
  • Payne County Courthouse & Expansions · named on its website
  • Owasso Fire Station No. 3 · named on its website
  • Broken Arrow Fire Station No. 6 · named on its website
  • Broken Arrow Justice Center · named on its website
  • Owasso City Hall Renovation · named on its website
  • Mayes County Fairground Improvements · named on its website
  • Ottawa County Courthouse · named on its website
  • Tulsa Police Hardesty Hangar · named on its website

Estimated value over time

▲ 30% since 2020
$0$3.8M$7.6M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 80% since 2020
02550202020212022202320241527
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan15$3.4M$558K
2020Form 550015$3.4M$558K
2021Form 550017$3.9M$632K
2022Form 550019$4.3M$706K
2023Form 550024$5.4M$892K
2024Form 550027$6.1M$1.0M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
BKL, INC.
this business
$5.6M$922K—
TULSA LAND SURVEYING, LLC
Tulsa · 10 employees
$2.2M$396K0.1 mi
SELSERSCHAEFER ARCHITECTS, INC.
Tulsa · 26 employees
$11.7M$1.7M0.3 mi
360 ENGINEERING GROUP PLLC
Tulsa · 20 employees
$6.9M$1.0M0.6 mi
FD CONSULTING, LLC
Tulsa · 2 employees
$808K$160K0.6 mi
Midwestern Engine & Machine
Tulsa
$2.0M$393K0.6 mi
LabCorp
Tulsa
$2.0M$393K0.6 mi

The full calculation

Employees reported to the SBA15
Revenue from headcount (employees × revenue per employee for companies this size)$4.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$5.6M
Estimate: the two combined (geometric mean)$5.6M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$922K

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$4.0M
Multiple for this size and industry4.3×
Value range$2.1M – $5.4M
Revenue range$3.7M – $6.4M
EBITDA range$606K – $1.1M
Industry (NAICS)Architectural Services (541310)

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

Founded 1946 by William J. Fell
“BKL’s roots reach back to 1946, when William J. Fell co-founded Fell and Wheeler, Consulting Engineers, in Tulsa.”

Leadership

  • RM
    Ryan Mahaffey
    Principal · Company website · source
  • SL
    Stacy Loeffler
    Principal · Company website · source
  • JD
    Jayde Dzierba
    Principal · Company website · source
  • DP
    Daniel Polasek
    Partner · Company website · source

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, PPP 2021
All 5,114 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$250K$253K13Arvest Bank
2/7/2021second$265K$268K15Arvest Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Bkl, Inc.

Bkl, Inc. is an engineering & architecture company in Tulsa, Oklahoma, in business since 1946. It is owned by Jenni Hammock (President). Its estimated annual revenue is about $5.6M, with roughly $922K of EBITDA. It has about 27 employees. Its estimated business value is $4.0M (likely range $2.1M–$5.4M).

Common questions

Who owns Bkl, Inc.?
Bkl, Inc. is owned by Jenni Hammock (President), according to public sources such as the company's website or filings.
How much revenue does Bkl, Inc. make?
SeeBITDA estimates Bkl, Inc.'s annual revenue at about $5.6M (likely between $3.7M and $6.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Bkl, Inc. worth?
About $4.0M, roughly 4.3× its estimated EBITDA of $922K, typical for a engineering & architecture company its size. Likely range: $2.1M–$5.4M.
How many employees does Bkl, Inc. have?
About 27, from its 2024 retirement-plan filing.
When was Bkl, Inc. founded?
Bkl, Inc. has been in business since 1946.
Is Bkl, Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 80 years (since 1946); no family successor named on its website.