Cutter Equipment, LLC
How we got $1.7M
Based on 15 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 34% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CUTTER EQUIPMENT, LLC this business | $5.9M | — |
| BOLIN ENTERPRISES, INC Ada · 46 employees | $20.6M | 1.3 mi |
| CHRIS SUTTON Ada · 1 employees | $275K | 1.3 mi |
| CONSTRUCTION JUNCTION LLC Ada · 6 employees | $1.5M | 1.6 mi |
| GIPSON BACKHOE, INC Ada · 1 employees | $402K | 2.3 mi |
| ROYSE CONSTRUCTION Ada · 16 employees | $5.1M | 2.4 mi |
| WOODS DIRT CONTRACTORS, INC Ada · 7 employees | $1.9M | 3.8 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Industry revenue per employee | $245K |
| Revenue = employees × revenue per employee | $5.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $624K |
| Cross-check: revenue implied by PPP payroll | $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 | $1.7M |
| Multiple for this size and industry | 2.8× |
| Value range | $826K – $2.5M |
| Revenue range | $3.5M – $7.0M |
| EBITDA range | $369K – $738K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
- BankingCeltic Bank Corporation, Square Capital, LLCPPP / 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 Roles are as stated there and may be out of date.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
| Celtic Bank Corporation PPP 2020 | All 206 borrowers → |
| Square Capital, LLC PPP 2021 | All 112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $39K | 7 |
| 2/18/2021 | second | $39K | 15 |
About Cutter Equipment, LLC
Cutter Equipment, LLC is an excavation & site work company in Ada, Oklahoma. Its estimated annual revenue is about $5.9M, with roughly $624K of EBITDA. It has about 15 employees. Its estimated business value is $1.7M (likely range $826K–$2.5M).
Common questions
- Who owns Cutter Equipment, LLC?
- The owner of Cutter Equipment, LLC 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 Cutter Equipment, LLC make?
- SeeBITDA estimates Cutter Equipment, LLC's annual revenue at about $5.9M (likely between $3.5M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cutter Equipment, LLC worth?
- About $1.7M, roughly 2.8× its estimated EBITDA of $624K, typical for a excavation & site work company its size. Likely range: $826K–$2.5M.
- How many employees does Cutter Equipment, LLC have?
- About 15, as reported on its PPP loan.