Ewing Trenching Service, Inc
How we got $340K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EWING TRENCHING SERVICE, INC this business | $1.5M | — |
| Enid Fence and Deck Enid | $4.0M | 7.6 mi |
| JOSEPH ECK Enid · 2 employees | $785K | 7.8 mi |
| K & J WELDING, L.L.C. Enid · 2 employees | $690K | 8.2 mi |
| LANG POOL & OUTDOORS LLC Enid · 1 employees | $462K | 8.3 mi |
| TOP LINE SERVICES LLC Enid · 1 employees | $715K | 8.3 mi |
| LANG POOL AND OUTDOORS LLC Enid · 1 employees | $538K | 9.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $179K |
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 | $340K |
| Multiple for this size and industry | 1.9× |
| Value range | $179K – $465K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $118K – $204K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
- BankingCleo State 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 Roles are as stated there and may be out of date.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
| Cleo State Bank PPP 2020, PPP 2021 | All 37 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 | $51K | 3 |
| 1/22/2021 | second | $55K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ewing Trenching Service, Inc
Ewing Trenching Service, Inc is an excavation & site work company in Drummond, Oklahoma, in business since 2000. Its estimated annual revenue is about $1.5M, with roughly $179K of EBITDA. It has about 3 employees. Its estimated business value is $340K (likely range $179K–$465K).
Common questions
- Who owns Ewing Trenching Service, Inc?
- The owner of Ewing Trenching Service, 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 Ewing Trenching Service, Inc make?
- SeeBITDA estimates Ewing Trenching Service, Inc's annual revenue at about $1.5M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ewing Trenching Service, Inc worth?
- About $340K, roughly 1.9× its estimated EBITDA of $179K, typical for a excavation & site work company its size. Likely range: $179K–$465K.
- How many employees does Ewing Trenching Service, Inc have?
- About 3, as reported on its PPP loan.
- When was Ewing Trenching Service, Inc founded?
- Ewing Trenching Service, Inc has been in business since 2000.