Circle R Construction
How we got $2.7M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| CIRCLE R CONSTRUCTION this business | $4.9M | — |
| CAPP CONSTRUCTION LLC Jay · 20 employees | $10.1M | 1.6 mi |
| AST STORAGE LLC Jay · 56 employees | $20.5M | 8.7 mi |
| C&M CONTRACTORS, LLC Vinita · 23 employees | $7.8M | 25.2 mi |
| N. E. O. FABRICATION L. L. C. Miami · 40 employees | $16.4M | 26.0 mi |
| FTDM INVESTMENTS, LLC Locust Grove · 97 employees | $68.3M | 40.2 mi |
| PROFORM GROUP INC. Muskogee · 170 employees | $82.9M | 62.5 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $700K |
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 | $2.7M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.4M – $3.7M |
| Revenue range | $3.2M – $5.6M |
| EBITDA range | $460K – $798K |
| Industry (NAICS) | Metal Tank (Heavy Gauge) Manufacturing (332420) |
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. 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
- BankingThe Corner Stone 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 Roles are as stated there and may be out of date.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
| The Corner Stone Bank PPP 2020, PPP 2021 | All 20 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $88K | 8 |
| 1/19/2021 | second | $88K | 15 |
About Circle R Construction
Circle R Construction is a metal tank (heavy gauge) manufacturing company in Jay, Oklahoma. Its estimated annual revenue is about $4.9M, with roughly $700K of EBITDA. It has about 15 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Circle R Construction?
- The owner of Circle R Construction 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 Circle R Construction make?
- SeeBITDA estimates Circle R Construction's annual revenue at about $4.9M (likely between $3.2M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Circle R Construction worth?
- About $2.7M, roughly 3.9× its estimated EBITDA of $700K, typical for a metal tank (heavy gauge) manufacturing company its size. Likely range: $1.4M–$3.7M.
- How many employees does Circle R Construction have?
- About 15, as reported on its PPP loan.