Derek's Pit LLC
How we got $990K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DEREK'S PIT LLC this business | $982K | — |
| STIDHAM BACKHOE SERVICES, LLC Washington · 1 employees | $762K | 6.3 mi |
| METRO MATERIALS, LLC Washington · 1 employees | $458K | 8.5 mi |
| VICKERS SAND & GRAVEL, INC. Norman · 18 employees | $7.0M | 9.2 mi |
| BUTLER BROS SAND & GRAVEL INC Oklahoma City · 29 employees | $21.8M | 12.9 mi |
| ULTIMATE CHEMICALS LLC Moore · 4 employees | $2.0M | 17.8 mi |
| PENNEL CONSTRUCTION LLC Moore · 1 employees | $609K | 19.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $566K |
| Estimate: the two combined (geometric mean) | $982K |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $330K |
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 | $990K |
| Multiple for this size and industry | 3× |
| Value range | $521K – $1.4M |
| Revenue range | $646K – $1.1M |
| EBITDA range | $217K – $376K |
| Industry (NAICS) | Construction Sand and Gravel Mining (212321) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $11K | 2 |
About Derek's Pit LLC
Derek's Pit LLC is a construction sand and gravel mining company in Blanchard, Oklahoma. Its estimated annual revenue is about $982K, with roughly $330K of EBITDA. It has about 2 employees. Its estimated business value is $990K (likely range $521K–$1.4M).
Common questions
- Who owns Derek's Pit LLC?
- The owner of Derek's Pit 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's Pit LLC make?
- SeeBITDA estimates Derek's Pit LLC's annual revenue at about $982K (likely between $646K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Derek's Pit LLC worth?
- About $990K, roughly 3× its estimated EBITDA of $330K, typical for a construction sand and gravel mining company its size. Likely range: $521K–$1.4M.
- How many employees does Derek's Pit LLC have?
- About 2, as reported on its PPP loan.