Covenant Restorations Inc
How we got $2.0M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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 Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Covenant Restorations is a locally owned and operated disaster recovery company in Skiatook, OK that provides immediate responses to loss events such as water, storm, fire, mold, biohazard, trauma and sewer cleanup.
From the company's website. Industry: Fencing, siding & exterior.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COVENANT RESTORATIONS INC this business | $7.7M | — |
| PINNEY DOZER SERVICE Skiatook · 14 employees | $5.5M | 0.3 mi |
| TEEL ELECTRICAL SOLUTIONS INC. Skiatook · 6 employees | $2.1M | 1.5 mi |
| LIBERTY FENCE CO, INC. Skiatook · 3 employees | $1.4M | 7.6 mi |
| FLAT ROCK COMPANY INC Sperry · 7 employees | $2.1M | 9.9 mi |
| JK EQUIPMENT INC. Collinsville · 4 employees | $1.1M | 11.2 mi |
| R&B CONTRACTING LLC Tulsa · 3 employees | $1.3M | 11.7 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $7.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $721K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $5.1M – $8.8M |
| EBITDA range | $474K – $822K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingRCB 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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $129K | 22 |
| 1/30/2021 | second | $162K | 26 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Covenant Restorations Inc
Covenant Restorations Inc is a fencing, siding & exterior company in Skiatook, Oklahoma, in business since 2005. Its estimated annual revenue is about $7.7M, with roughly $721K of EBITDA. It has about 26 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Covenant Restorations Inc?
- The owner of Covenant Restorations 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 Covenant Restorations Inc make?
- SeeBITDA estimates Covenant Restorations Inc's annual revenue at about $7.7M (likely between $5.1M and $8.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Covenant Restorations Inc worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $721K, typical for a fencing, siding & exterior company its size. Likely range: $1.1M–$2.8M.
- How many employees does Covenant Restorations Inc have?
- About 26, as reported on its PPP loan.
- When was Covenant Restorations Inc founded?
- Covenant Restorations Inc has been in business since 2005.