Elgin Door & Plywood, Inc.
How we got $2.7M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 43% 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
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Norman Door and Plywood has served Oklahomans for more than four decades and operates two locations, in Norman and Elgin, OK. The pages describe lumber and moulding products for customers, with links for home builders and homeowners.
From the company's website. Industry: Brick, Stone, and Related Construction Material Merchant Wholesalers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 69 mi · $791.1M
- H.C. EMPLOYEES LLC · Moore, 61 mi · $196.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 59 mi · $163.9M
- TABER BUILT HOMES, LLC · Oklahoma City, 73 mi · $135.1M
- RSM DEVELOPMENT, INC. · Oklahoma City, 65 mi · $122.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ELGIN DOOR & PLYWOOD, INC. this business | $10.3M | — |
| COMMANCHE LUMBER COMPANY, INC. Lawton · 58 employees | $60.3M | 12.3 mi |
| ABC Supply Co. Inc. Lawton | $14.9M | 12.6 mi |
| MADDEN BUILDING OF OKLAHOMA, L.L.C. Lawton · 2 employees | $1.8M | 13.5 mi |
| COMANCHE LUMBER CO. INC. Lawton | $37.9M | 14.4 mi |
| CART INC. Carnegie · 2 employees | $4.2M | 28.1 mi |
| WESTERN PLAINS BUILDING SUPPLY, INC Weatherford · 8 employees | $9.4M | 56.7 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.5M |
| Estimate: the two combined (geometric mean) | $10.3M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $759K |
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 | $2.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.4M – $3.7M |
| Revenue range | $6.8M – $11.8M |
| EBITDA range | $499K – $865K |
| Industry (NAICS) | Brick, Stone, and Related Construction Material Merchant Wholesalers (423320) |
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
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $78K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elgin Door & Plywood, Inc.
Elgin Door & Plywood, Inc. is a brick, stone, and related construction material merchant wholesalers company in Elgin, Oklahoma, in business since 2005. It is owned by Ronald Baker. Its estimated annual revenue is about $10.3M, with roughly $759K of EBITDA. It has about 10 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Elgin Door & Plywood, Inc.?
- Elgin Door & Plywood, Inc. is owned by Ronald Baker, according to public sources such as the company's website or filings.
- How much revenue does Elgin Door & Plywood, Inc. make?
- SeeBITDA estimates Elgin Door & Plywood, Inc.'s annual revenue at about $10.3M (likely between $6.8M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elgin Door & Plywood, Inc. worth?
- About $2.7M, roughly 3.6× its estimated EBITDA of $759K, typical for a brick, stone, and related construction material merchant wholesalers company its size. Likely range: $1.4M–$3.7M.
- How many employees does Elgin Door & Plywood, Inc. have?
- About 10, as reported on its PPP loan.
- When was Elgin Door & Plywood, Inc. founded?
- Elgin Door & Plywood, Inc. has been in business since 2005.