Craftsmen Resources LLC
- Paula FennellPayroll & H.R. Manager · Company website
How we got $1.9M
Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 21% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Craftsmen Resources is a construction staffing company that supplies screened, certified W-2 craftsmen as project manpower to commercial and industrial contractors, per project or as needed, dispatched from Tulsa and Oklahoma City.
From the company's website. Industry: Staffing & recruiting.
Customers & suppliers
Customers
- Amazon HOK2 · named on its website
- Cox Business Center · named on its website
- PGA Championship — Southern Hills · named on its website
- Tulsa Premium Outlets · named on its website
- BancFirst Tower · named on its website
- Berry Plastics · named on its website
- Flix Brewhouse · named on its website
- Hyatt Place · named on its website
- Meat Processing Plant · named on its website
- Mercy Rehab Hospital · named on its website
- Moms Meals · named on its website
- ORU Athletic Center · named on its website
- OSU Health Science · named on its website
- Tenant Build Out (TPO) · named on its website
- TTC Lemley Campus · named on its website
Estimated value over time
▲ 25% 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
▼ 41% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 37 | $2.2M |
| 2023 | Form 5500 | 28 | $1.7M |
| 2024 | Form 5500 | 14 | $842K |
| 2025 | Form 5500 | 22 | $1.3M |
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 |
|---|---|---|
| CRAFTSMEN RESOURCES LLC this business | $4.7M | — |
| ABUNDANT SOLUTIONS, INC. Tulsa · 153 employees | $17.2M | 0.4 mi |
| HANINGER LLC Tulsa · 4 employees | $742K | 0.5 mi |
| HOFFMAN BUSINESS ENTERPRISES INC Tulsa · 353 employees | $21.4M | 0.5 mi |
| OKLAHOMA STAFFING SPECIALISTS, LLC Tulsa · 98 employees | $9.8M | 0.7 mi |
| THE KEY GROUP, INC. Tulsa · 500 employees | $61.9M | 0.9 mi |
| INTEGRITY STAFFING SOLUTIONS, LLC. Tulsa · 149 employees | $25.6M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $508K |
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 | $1.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $334K – $579K |
| Industry (NAICS) | Temporary Help Services (561320) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 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 | $268K | 30 |
| 1/21/2021 | second | $284K | 37 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Craftsmen Resources LLC
Craftsmen Resources LLC is a staffing & recruiting company in Tulsa, Oklahoma, in business since 2018. It is owned by David Pentecost (Managing Member). Its estimated annual revenue is about $4.7M, with roughly $508K of EBITDA. It has about 22 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Craftsmen Resources LLC?
- Craftsmen Resources LLC is owned by David Pentecost (Managing Member), according to public sources such as the company's website or filings.
- How much revenue does Craftsmen Resources LLC make?
- SeeBITDA estimates Craftsmen Resources LLC's annual revenue at about $4.7M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Craftsmen Resources LLC worth?
- About $1.9M, roughly 3.8× its estimated EBITDA of $508K, typical for a staffing & recruiting company its size. Likely range: $1.0M–$2.6M.
- How many employees does Craftsmen Resources LLC have?
- About 22, from its 2025 retirement-plan filing.
- When was Craftsmen Resources LLC founded?
- Craftsmen Resources LLC has been in business since 2018.