Crosstimber Construction Service, LLC
How we got $3.8M
Based on its 30 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
- Family in the business (Brad Spray, VP)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CROSSTIMBER CONSTRUCTION SERVICE, LLC this business | $12.1M | — |
| BEANER ENTERPRISES Woodward · 3 employees | $1.2M | 2.2 mi |
| RIDDLE CONSTRUCTION CO INC Woodward · 1 employees | $313K | 2.5 mi |
| RIDDLE CONTRUCTION, INC Woodward · 1 employees | $310K | 2.5 mi |
| NORTHWEST CRANE SERVICE LLC Woodward · 132 employees | $90.4M | 3.2 mi |
| GARTRELL DIRT AND DEMOLITION LLC Woodward · 2 employees | $781K | 5.4 mi |
| AMERICAN IRON CONSTRUCTION LLC Freedom · 10 employees | $2.8M | 28.0 mi |
The full calculation
| Employees reported to the SBA | 30 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.9M |
| Estimate: the two combined (geometric mean) | $12.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.8M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.0M – $5.2M |
| Revenue range | $8.0M – $13.8M |
| EBITDA range | $742K – $1.3M |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
“CrossTimber Construction Services founded in 2015, is an energy services company focused on providing superior construction services to the renewable energy and oil & gas industries.”
Leadership
Advisors
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $274K | 30 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crosstimber Construction Service, LLC
Crosstimber Construction Service, LLC is a family-owned fencing, siding & exterior company in Woodward, Oklahoma, in business since 2015. It is owned by Brandon Spray (President). Its estimated annual revenue is about $12.1M, with roughly $1.1M of EBITDA. It has about 30 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Crosstimber Construction Service, LLC?
- Crosstimber Construction Service, LLC is owned by Brandon Spray (President), according to public sources such as the company's website or filings.
- How much revenue does Crosstimber Construction Service, LLC make?
- SeeBITDA estimates Crosstimber Construction Service, LLC's annual revenue at about $12.1M (likely between $8.0M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crosstimber Construction Service, LLC worth?
- About $3.8M, roughly 3.4× its estimated EBITDA of $1.1M, typical for a fencing, siding & exterior company its size. Likely range: $2.0M–$5.2M.
- How many employees does Crosstimber Construction Service, LLC have?
- About 30, as reported on its PPP loan.
- When was Crosstimber Construction Service, LLC founded?
- Crosstimber Construction Service, LLC has been in business since 2015.