C&c Contracting Services Inc.
How we got $5.5M
Based on its 41 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 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
C&C Contracting Services, Inc. is a Davis, OK contractor offering mechanical, civil, welding and fabrication, excavation, septic, boring, and hauling services. It says it has over 25 years of experience and has completed projects in commercial, residential, and industrial settings.
From the company's website. Industry: Excavation & site work.
Customers & suppliers
Customers
- National Park Service · federal contracts $80K
- Magellan Midstream Partners · named on its website
- Valero Refinery · named on its website
- Targa NGL Pipeline Company · named on its website
- West Carter Rural Water · named on its website
- West Davis Rural Water · named on its website
- Valero Partners, LLC · named on its website
- CVR, Wynnewood Refinery · named on its website
- Chickasaw Telephone Company · named on its website
- Spike Energy · named on its website
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| C&C CONTRACTING SERVICES INC. this business | $18.6M | — |
| OUTDOOR SOLUTIONS BY JEREMY HOFFMAN, LLC Davis · 6 employees | $2.4M | 1.9 mi |
| BLAKE RONK Davis · 1 employees | $417K | 5.4 mi |
| CD BROWN CONSTRUCTION, INC Sulphur · 100 employees | $39.9M | 6.5 mi |
| C D BROWN CONSTRUCTION I NC Sulphur · 72 employees | $32.3M | 7.5 mi |
| MLB BACKHOE & DOZER SERVICES, LLC Wynnewood · 1 employees | $359K | 11.4 mi |
| PAUL BRIGHTWELL DIRTWORKS, INC. Springer · 29 employees | $9.8M | 16.2 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.7M |
| Estimate: the two combined (geometric mean) | $18.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.6M |
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 | $5.5M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.9M – $7.5M |
| Revenue range | $12.2M – $21.2M |
| EBITDA range | $1.1M – $1.8M |
| 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
History & advisors
“Founded in 1998 by Clint Grinstead in Davis, Oklahoma, C&C Contracting Services Inc. began with one truck and a backhoe hauled on a homemade three-axle trailer.”
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $512K | 41 |
| 1/23/2021 | second | $512K | 32 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About C&c Contracting Services Inc.
C&c Contracting Services Inc. is an excavation & site work company in Davis, Oklahoma, in business since 1998. Its estimated annual revenue is about $18.6M, with roughly $1.6M of EBITDA. It has about 41 employees. Its estimated business value is $5.5M (likely range $2.9M–$7.5M).
Common questions
- Who owns C&c Contracting Services Inc.?
- The owner of C&c Contracting Services 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 C&c Contracting Services Inc. make?
- SeeBITDA estimates C&c Contracting Services Inc.'s annual revenue at about $18.6M (likely between $12.2M and $21.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C&c Contracting Services Inc. worth?
- About $5.5M, roughly 3.4× its estimated EBITDA of $1.6M, typical for a excavation & site work company its size. Likely range: $2.9M–$7.5M.
- How many employees does C&c Contracting Services Inc. have?
- About 41, as reported on its PPP loan.
- When was C&c Contracting Services Inc. founded?
- C&c Contracting Services Inc. has been in business since 1998.