Cowan Group Engineering, LLC
- Sean Fairbairn, P.E., C.F.M.President · Company website
- Michael Taylor, P.E.Associate · Company website
- Robert Rose, P.E.Associate · Company website
- Kurtis HanniSigns company filings · Form 5500 (2021)
How we got $7.5M
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 90% 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
▲ 96% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 27 | $5.9M |
| 2020 | Form 5500 | 24 | $5.2M |
| 2021 | Form 5500 | 25 | $5.5M |
| 2022 | Form 5500 | 23 | $5.0M |
| 2023 | Form 5500 | 40 | $8.7M |
| 2024 | Form 5500 | 52 | $11.4M |
| 2025 | Form 5500 | 53 | $11.6M |
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.
What we know
What they do
Cowan Group Engineering is an engineering firm in Oklahoma City, OK, providing engineering services for sustainable progress, including transportation, water, wastewater, general services, construction engineering and land survey work for its clients.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Customers
- Oklahoma City Airport Trust · named on its website
- City of Perkins, OK · named on its website
- City of Tuttle, OK · named on its website
- City of Mustang, OK · named on its website
- City of Altus, OK · named on its website
- Oklahoma Turnpike Authority · named on its website
- City of Muskogee, OK · named on its website
- City of Shawnee, OK · named on its website
- OCURA/Alliance On-Demand Surveys · named on its website
- City of Ada, OK · named on its website
- City of Oklahoma City, OK · named on its website
- Town of Calumet, OK · named on its website
- AECOM-Atoka Water Pipeline · named on its website
- City of Glenpool, OK · named on its website
- City of Edmond, OK · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COWAN GROUP ENGINEERING, LLC this business | $10.7M | — |
| DANIEL T. REINEKE PE PC Oklahoma City · 2 employees | $1.2M | 0.1 mi |
| Ait Oklahoma City | $2.0M | 0.2 mi |
| ENCOMPASS DESIGN BUILD, LLC Oklahoma City · 1 employees | $458K | 0.3 mi |
| Garver Oklahoma City | $2.4M | 0.4 mi |
| MOSER CONSULTING, LLC Oklahoma City · 2 employees | $314K | 0.4 mi |
| LEIGH HOWELL LOVE LANDSCAPE DESIGN, INC. Oklahoma City · 1 employees | $235K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.9M |
| Estimate: the two combined (geometric mean) | $10.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.4M |
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 | $7.5M |
| Multiple for this size and industry | 5.2× |
| Value range | $3.9M – $10.2M |
| Revenue range | $7.1M – $12.2M |
| EBITDA range | $946K – $1.6M |
| Industry (NAICS) | Engineering Services (541330) |
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
“Cowan Group Engineering (CGE) was founded in 2012 with engineer Jeff Cowan, two others, and a mission to serve as skillful engineers who manage resources effectively and build sustainability.”
Advisors
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $495K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cowan Group Engineering, LLC
Cowan Group Engineering, LLC is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 2012. It is owned by Jeff Cowan (CEO). Its estimated annual revenue is about $10.7M, with roughly $1.4M of EBITDA. It has about 53 employees. Its estimated business value is $7.5M (likely range $3.9M–$10.2M).
Common questions
- Who owns Cowan Group Engineering, LLC?
- Cowan Group Engineering, LLC is owned by Jeff Cowan (CEO), according to public sources such as the company's website or filings.
- How much revenue does Cowan Group Engineering, LLC make?
- SeeBITDA estimates Cowan Group Engineering, LLC's annual revenue at about $10.7M (likely between $7.1M and $12.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cowan Group Engineering, LLC worth?
- About $7.5M, roughly 5.2× its estimated EBITDA of $1.4M, typical for a engineering & architecture company its size. Likely range: $3.9M–$10.2M.
- How many employees does Cowan Group Engineering, LLC have?
- About 53, from its 2025 retirement-plan filing.
- When was Cowan Group Engineering, LLC founded?
- Cowan Group Engineering, LLC has been in business since 2012.