Cornell Construction Company Inc
How we got $4.1M
Based on its 22 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 65 years (since 1961)
- Founder still runs it after 65 years
From public records and the company's website, not a statement that it's for sale.
What they do
Cornell Construction Company is a road and highway construction firm specializing in grading, drainage, asphalt paving, and asphalt production, headquartered in Clinton, Oklahoma and established in 1961 by John Loflin Cornell.
From the company's website. Industry: Highway, Street, and Bridge Construction.
Estimated value over time
▲ 20% 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
▼ 9% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 22 | $7.4M |
| 2020 | Form 5500 | 17 | $5.7M |
| 2021 | Form 5500 | 17 | $5.7M |
| 2022 | Form 5500 | 15 | $5.0M |
| 2023 | Form 5500 | 9 | $3.0M |
| 2024 | Form 5500 | 21 | $7.0M |
| 2025 | Form 5500 | 20 | $6.7M |
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 |
|---|---|---|
| CORNELL CONSTRUCTION COMPANY INC this business | $11.5M | — |
| CIRCLE S. PAVING CO., INC. Clinton · 22 employees | $13.0M | 0.8 mi |
| WYATT CONTRACTING INC Weatherford · 67 employees | $41.0M | 14.5 mi |
| HORN & SON CONSTRUCTION CO. INC Sayre · 2 employees | $1.3M | 41.7 mi |
| K & S SNOW, LLC Calumet · 4 employees | $2.8M | 47.3 mi |
| JIM WILLIS CONSULTING, LLC Blair · 1 employees | $930K | 51.9 mi |
| HOKETT CONSTRUCTION Blair · 6 employees | $3.4M | 52.5 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.7M |
| Estimate: the two combined (geometric mean) | $11.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.2M – $5.6M |
| Revenue range | $7.6M – $13.1M |
| EBITDA range | $797K – $1.4M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
“Cornell Construction Company is a Road and Highway Construction firm specializing in grading, drainage, asphalt paving, and asphalt production.”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 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 | $215K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cornell Construction Company Inc
Cornell Construction Company Inc is a highway, street, and bridge construction company in Clinton, Oklahoma, in business since 1961. It is owned by John Loflin Cornell (Founder). Its estimated annual revenue is about $11.5M, with roughly $1.2M of EBITDA. It has about 20 employees. Its estimated business value is $4.1M (likely range $2.2M–$5.6M).
Common questions
- Who owns Cornell Construction Company Inc?
- Cornell Construction Company Inc is owned by John Loflin Cornell (Founder), according to public sources such as the company's website or filings.
- How much revenue does Cornell Construction Company Inc make?
- SeeBITDA estimates Cornell Construction Company Inc's annual revenue at about $11.5M (likely between $7.6M and $13.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cornell Construction Company Inc worth?
- About $4.1M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a highway, street, and bridge construction company its size. Likely range: $2.2M–$5.6M.
- How many employees does Cornell Construction Company Inc have?
- About 20, from its 2025 retirement-plan filing.
- When was Cornell Construction Company Inc founded?
- Cornell Construction Company Inc has been in business since 1961.
- Is Cornell Construction Company Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 65 years (since 1961); founder still runs it after 65 years.