Connelly Paving Company
How we got $19.5M
Based on 89 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% 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.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CONNELLY PAVING COMPANY this business | $48.5M | — |
| MERRITT SEALING CO. Oklahoma City · 36 employees | $19.6M | 0.1 mi |
| ATLAS PAVING COMPANY Oklahoma City · 47 employees | $25.6M | 0.4 mi |
| Manhattan Road & Bridge Oklahoma City | $4.9M | 1.6 mi |
| Haskell Lemon Construction Co. Oklahoma City | $3.9M | 1.6 mi |
| BISHOP CONSTRUCTION, LLC Oklahoma City · 32 employees | $17.4M | 1.7 mi |
| ACTION SAFETY SUPPLY CO LLC Oklahoma City · 155 employees | $84.4M | 2.2 mi |
Ranges & sources
| Revenue range | $36.4M – $63.0M |
| EBITDA range | $3.6M – $6.2M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
| Value range | $11.7M – $30.3M |
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
Advisors
- BankingSimmons 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 Roles are as stated there and may be out of date.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
| Simmons Bank PPP 2020 | All 789 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 | $900K | 89 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Connelly Paving Company
Connelly Paving Company is a highway, street, and bridge construction company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Jim Connelly (President). Its estimated annual revenue is about $48.5M, with roughly $4.7M of EBITDA. It has about 89 employees. Its estimated business value is $19.5M (likely range $11.7M–$30.3M).
Common questions
- Who owns Connelly Paving Company?
- Connelly Paving Company is owned by Jim Connelly (President), according to public sources such as the company's website or filings.
- How much revenue does Connelly Paving Company make?
- SeeBITDA estimates Connelly Paving Company's annual revenue at about $48.5M (likely between $36.4M and $63.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Connelly Paving Company worth?
- About $19.5M, roughly 4.1× its estimated EBITDA of $4.7M, typical for a highway, street, and bridge construction company its size. Likely range: $11.7M–$30.3M.
- How many employees does Connelly Paving Company have?
- About 89, as reported on its PPP loan.
- When was Connelly Paving Company founded?
- Connelly Paving Company has been in business since 1998.