Estell Excavating, Inc.
How we got $11.2M
Based on its 19 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 |
|---|---|---|
| ESTELL EXCAVATING, INC. this business | $8.3M | — |
| RICHARD'S PARKING LOT MAINTENANCE INC. Oklahoma City · 4 employees | $2.0M | 2.8 mi |
| Martin Marietta - OCM Rail Yard Oklahoma City | $5.2M | 3.3 mi |
| PENNEL CONSTRUCTION LLC Moore · 1 employees | $609K | 4.6 mi |
| J & S EQUIPMENT, LLC Oklahoma City · 9 employees | $5.3M | 5.3 mi |
| ULTIMATE CHEMICALS LLC Moore · 4 employees | $2.0M | 5.4 mi |
| WHITE SAND RESOURCES, LLC Oklahoma City · 1 employees | $964K | 7.3 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.6M |
| Estimate: the two combined (geometric mean) | $8.3M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.0M |
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 | $11.2M |
| Multiple for this size and industry | 5.5× |
| Value range | $5.9M – $15.3M |
| Revenue range | $5.5M – $9.5M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | Construction Sand and Gravel Mining (212321) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $170K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Estell Excavating, Inc.
Estell Excavating, Inc. is a construction sand and gravel mining company in Oklahoma City, Oklahoma, in business since 2016. Its estimated annual revenue is about $8.3M, with roughly $2.0M of EBITDA. It has about 19 employees. Its estimated business value is $11.2M (likely range $5.9M–$15.3M).
Common questions
- Who owns Estell Excavating, Inc.?
- The owner of Estell Excavating, 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 Estell Excavating, Inc. make?
- SeeBITDA estimates Estell Excavating, Inc.'s annual revenue at about $8.3M (likely between $5.5M and $9.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Estell Excavating, Inc. worth?
- About $11.2M, roughly 5.5× its estimated EBITDA of $2.0M, typical for a construction sand and gravel mining company its size. Likely range: $5.9M–$15.3M.
- How many employees does Estell Excavating, Inc. have?
- About 19, as reported on its PPP loan.
- When was Estell Excavating, Inc. founded?
- Estell Excavating, Inc. has been in business since 2016.