Bolin Enterprises, Inc
How we got $6.1M
Based on its 46 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 35 years (since 1991)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 34% 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.
Employees over time
▲ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 46 | $11.3M |
| 2020 | Form 5500 | 45 | $11.0M |
| 2021 | Form 5500 | 43 | $10.5M |
| 2022 | Form 5500 | 49 | $12.0M |
| 2023 | Form 5500 | 51 | $12.5M |
| 2024 | Form 5500 | 51 | $12.5M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| BOLIN ENTERPRISES, INC this business | $20.5M | — |
| CUTTER EQUIPMENT, LLC Ada · 15 employees | $5.9M | 1.3 mi |
| ROYSE CONSTRUCTION Ada · 16 employees | $5.1M | 1.5 mi |
| CONSTRUCTION JUNCTION LLC Ada · 6 employees | $1.5M | 1.8 mi |
| GIPSON BACKHOE, INC Ada · 1 employees | $402K | 2.1 mi |
| CHRIS SUTTON Ada · 1 employees | $275K | 2.2 mi |
| WOODS DIRT CONTRACTORS, INC Ada · 7 employees | $1.9M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 46 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.3M |
| Estimate: the two combined (geometric mean) | $20.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.2M – $8.3M |
| Revenue range | $13.5M – $23.4M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
- BankingCitizens Bank of AdaPPP / 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
| Citizens Bank of Ada PPP 2020 | All 171 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $558K | 46 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bolin Enterprises, Inc
Bolin Enterprises, Inc is an excavation & site work company in Ada, Oklahoma, in business since 1991. It is owned by William B. Bolin (President). Its estimated annual revenue is about $20.5M, with roughly $1.8M of EBITDA. It has about 51 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.3M).
Common questions
- Who owns Bolin Enterprises, Inc?
- Bolin Enterprises, Inc is owned by William B. Bolin (President), according to public sources such as the company's website or filings.
- How much revenue does Bolin Enterprises, Inc make?
- SeeBITDA estimates Bolin Enterprises, Inc's annual revenue at about $20.5M (likely between $13.5M and $23.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bolin Enterprises, Inc worth?
- About $6.1M, roughly 3.4× its estimated EBITDA of $1.8M, typical for a excavation & site work company its size. Likely range: $3.2M–$8.3M.
- How many employees does Bolin Enterprises, Inc have?
- About 51, from its 2024 retirement-plan filing.
- When was Bolin Enterprises, Inc founded?
- Bolin Enterprises, Inc has been in business since 1991.