Derek Herrs Construction LLC
How we got $274K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 47% 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 |
|---|---|---|
| DEREK HERRS CONSTRUCTION LLC this business | $570K | — |
| HARPER WELDING AND DESIGN LLC Arcadia · 1 employees | $333K | 7.1 mi |
| HERRING STEEL CONSTRUCTION COMPANY Mcloud · 2 employees | $1.4M | 9.4 mi |
| NICOMA PARK SHEET METAL & AIR CONDITIONING INC. Nicoma Park · 3 employees | $2.4M | 9.6 mi |
| NICOMA PARK SHEET METAL & AIR CONDITIONING INC. Choctaw · 4 employees | $3.5M | 9.7 mi |
| J & D FABRICATORS INC. Wellston · 15 employees | $9.3M | 11.3 mi |
| PENNY OVERHEAD DOOR INC Choctaw · 5 employees | $1.9M | 11.9 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $600K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $417K |
| Estimate: the two combined (geometric mean) | $570K |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $105K |
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 | $274K |
| Multiple for this size and industry | 2.6× |
| Value range | $144K – $375K |
| Revenue range | $375K – $650K |
| EBITDA range | $69K – $120K |
| Industry (NAICS) | Fabricated Structural Metal Manufacturing (332312) |
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
- BankingFirst Security Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 Security Bank and Trust Company PPP 2020, PPP 2021 | All 150 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 | $7K | 1 |
| 1/21/2021 | second | $7K | 1 |
About Derek Herrs Construction LLC
Derek Herrs Construction LLC is a fabricated structural metal manufacturing company in Luther, Oklahoma. Its estimated annual revenue is about $570K, with roughly $105K of EBITDA. It has about 1 employees. Its estimated business value is $274K (likely range $144K–$375K).
Common questions
- Who owns Derek Herrs Construction LLC?
- The owner of Derek Herrs Construction 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 Derek Herrs Construction LLC make?
- SeeBITDA estimates Derek Herrs Construction LLC's annual revenue at about $570K (likely between $375K and $650K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Derek Herrs Construction LLC worth?
- About $274K, roughly 2.6× its estimated EBITDA of $105K, typical for a fabricated structural metal manufacturing company its size. Likely range: $144K–$375K.
- How many employees does Derek Herrs Construction LLC have?
- About 1, as reported on its PPP loan.