Dykon Blasting Corp Inc
How we got $11.0M
Based on its 90 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Dykon Blasting Corp. is a drilling and blasting contractor based in Tulsa, Oklahoma, offering explosive and rock drilling services to contractors and customers on projects such as pipelines, sitework, utilities, quarries and demolition.
From the company's website. Industry: Fencing, siding & exterior.
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 |
|---|---|---|
| DYKON BLASTING CORP INC this business | $30.9M | — |
| JAMES & MILLER WELDING, LLC Tulsa · 20 employees | $8.4M | 0.4 mi |
| ISAM PAINTING & SANDBLASTING, INC. Tulsa · 6 employees | $2.1M | 0.4 mi |
| PLATINUM ABOVE GROUND POOLS LLC Tulsa · 8 employees | $3.3M | 1.2 mi |
| NECK HERO INC Tulsa · 2 employees | $1.0M | 2.0 mi |
| JP CONSTRUCTION INC Tulsa · 15 employees | $6.8M | 2.1 mi |
| WESTON CONST., LLC Tulsa · 2 employees | $606K | 2.7 mi |
The full calculation
| Employees reported to the SBA | 90 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $34.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.5M |
| Estimate: the two combined (geometric mean) | $30.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.7M |
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 | $11.0M |
| Multiple for this size and industry | 4.1× |
| Value range | $5.8M – $15.0M |
| Revenue range | $20.3M – $35.2M |
| EBITDA range | $1.8M – $3.1M |
| 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
“Since 1997, it has been our goal to truly partner with all of our customers on every job and to provide them with all that we have from a technical and operational standpoint.”
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $595K | 63 |
| 1/25/2021 | second | $735K | 90 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dykon Blasting Corp Inc
Dykon Blasting Corp Inc is a fencing, siding & exterior company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $30.9M, with roughly $2.7M of EBITDA. It has about 90 employees. Its estimated business value is $11.0M (likely range $5.8M–$15.0M).
Common questions
- Who owns Dykon Blasting Corp Inc?
- The owner of Dykon Blasting Corp Inc 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 Dykon Blasting Corp Inc make?
- SeeBITDA estimates Dykon Blasting Corp Inc's annual revenue at about $30.9M (likely between $20.3M and $35.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dykon Blasting Corp Inc worth?
- About $11.0M, roughly 4.1× its estimated EBITDA of $2.7M, typical for a fencing, siding & exterior company its size. Likely range: $5.8M–$15.0M.
- How many employees does Dykon Blasting Corp Inc have?
- About 90, as reported on its PPP loan.
- When was Dykon Blasting Corp Inc founded?
- Dykon Blasting Corp Inc has been in business since 1997.