Candor Building Solutions LLC
How we got $4.3M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Candor Building Solutions is a Tulsa, OK builder that describes itself as handling projects from simple remodels to complex new builds, with a focus on casinos, restaurants, health clinics and hospitals.
From the company's website. Industry: Commercial construction.
Customers & suppliers
Customers
- Chickasaw Nation · named on its website
- Choctaw Nation · named on its website
- Cherokee Nation · named on its website
- Muscogee (Creek) Nation · named on its website
- Hard Rock Casino & Hotel · named on its website
- McGill's Steakhouse · named on its website
- Taco Casa · named on its website
- Toby Keith's Bar & Grill · named on its website
- Will Rogers Health Center · named on its website
- Cooweescoowee Health Center · named on its website
- Three Rivers Health Center · named on its website
- US Fish & Wildlife · named on its website
- Union Mesa Restaurant & Cantina · named on its website
- West Siloam Springs Casino Hotel · named on its website
- Lucky Star Hotel, Casino & Conference Center · named on its website
Suppliers & brands
- I-5 Design | Build · brand it sells or installs
- Childers Architect · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAZZIO'S LLC · Tulsa, 6 mi · $80.0M
- REW III LLC · Tulsa, 7 mi · $70.4M
- HIDEAWAY- 2 INC · Tulsa, 8 mi · $63.9M
- SJK, LLC · Broken Arrow, 9 mi · $48.1M
- WICHITA SDI, LLC · Prague, 66 mi · $46.7M
- Saint Francis Hospital Muskogee Inc · Tulsa, 8 mi · $1.95B
- Birthing Center - Ascension St. John Medical Center · Tulsa, 7 mi · $640.7M
- Heart Hospital at Saint Francis · Tulsa, 8 mi · $234.4M
- COMMUNITYCARE, HMO, INC. · Tulsa, 8 mi · $141.6M
- CREOKS MENTAL HEALTH SERVICES, INC. · Tulsa, 6 mi · $102.9M
Estimated value over time
▲ 28% 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
▲ 48% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 21 | $15.1M |
| 2020 | Form 5500 | 22 | $15.8M |
| 2021 | Form 5500 | 23 | $16.5M |
| 2022 | Form 5500 | 26 | $18.6M |
| 2023 | Form 5500 | 29 | $20.8M |
| 2024 | Form 5500 | 31 | $22.2M |
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 |
|---|---|---|
| CANDOR BUILDING SOLUTIONS LLC this business | $25.0M | — |
| SCHAFFITZEL INC. Tulsa · 3 employees | $2.0M | 0.9 mi |
| ML JONES LLC Tulsa · 69 employees | $57.0M | 0.9 mi |
| BENNETT/CAHILL CONTRACTORS, LLC Tulsa · 19 employees | $14.6M | 0.9 mi |
| CARL S WHITE CONSTRUCTION INC Tulsa · 2 employees | $1.3M | 1.1 mi |
| TULSA CIVIL CONTRACTORS, LLC Tulsa · 9 employees | $10.9M | 1.3 mi |
| JB7 REMODEL, LLC Tulsa · 21 employees | $16.7M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $20.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $23.3M |
| Estimate: the two combined (geometric mean) | $25.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.3M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.3M – $5.9M |
| Revenue range | $16.5M – $28.5M |
| EBITDA range | $832K – $1.4M |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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 in 2014 by Chris Meadows, Candor was built on a clear vision: to deliver exceptional construction services rooted in integrity, collaboration, and an excellent product.”
Leadership
- JPJessica PointCEO · Company website · source
- DNDarren NealBusiness partner · Company website · source
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 | 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 |
|---|---|---|---|
| 4/6/2020 | first | $279K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Candor Building Solutions LLC
Candor Building Solutions LLC is a commercial construction company in Tulsa, Oklahoma, in business since 2014. It is owned by Chris Meadows (Founder). Its estimated annual revenue is about $25.0M, with roughly $1.3M of EBITDA. It has about 31 employees. Its estimated business value is $4.3M (likely range $2.3M–$5.9M).
Common questions
- Who owns Candor Building Solutions LLC?
- Candor Building Solutions LLC is owned by Chris Meadows (Founder), according to public sources such as the company's website or filings.
- How much revenue does Candor Building Solutions LLC make?
- SeeBITDA estimates Candor Building Solutions LLC's annual revenue at about $25.0M (likely between $16.5M and $28.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Candor Building Solutions LLC worth?
- About $4.3M, roughly 3.4× its estimated EBITDA of $1.3M, typical for a commercial construction company its size. Likely range: $2.3M–$5.9M.
- How many employees does Candor Building Solutions LLC have?
- About 31, from its 2024 retirement-plan filing.
- When was Candor Building Solutions LLC founded?
- Candor Building Solutions LLC has been in business since 2014.