SeeBITDAOklahoma

First Construction Corp

  • 301 W WATERLOO RD # 250, Edmond, OK
  • 2 locations
  • Since 2014
Estimated valueLow confidence
$6.7M
$3.2Mlikely range$9.6M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$39.3M
a year
Profit (EBITDA)
$2.0M
5% of revenue
Employees
30
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $6.7M

Based on 30 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.

30 employees × $1.1M each$33.2M
Shown toward the top of its range×1.18
Revenue$39.3M
× 5% profit margin$2.0M
× 3.4 sale multiple = value$6.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found
2 locations found

What they do

First Construction and Roofing is a roofing, storm, fire and water restoration contractor in Oklahoma City, serving Oklahoma residents and commercial properties.

Products & services
Commercial roofingResidential roofingStorm damage restorationFire and flood remediationExterior construction including paint, siding, and guttersInterior remodeling and make readyInsurance claim specialistRoof coating systemsRoof repairRoof replacement
Markets served
commercialresidentialinsurance companies
Service area
Oklahoma CityOklahoma
Certifications
BBB A+ ratedInsurance preferred vendor (Accuserve & Lionsbridge)

From the company's website. Industry: Home builders.

Customers & suppliers

Suppliers & brands

  • Sherwin-Williams · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Insurance agencies

Estimated value over time

▲ 44% since 2020
$0$3.9M$7.8M20202026

Today'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

BusinessEst. revenueEst. profitDistance
FIRST CONSTRUCTION CORP
this business
$39.3M$2.0M—
FREITES CUSTOM MARBLE LLC
Edmond · 1 employees
$1.6M$110K0.8 mi
FRENCH CONSTRUCTION CO.
Edmond · 4 employees
$4.6M$286K0.9 mi
CHAD HEMPHILL CONSTRUCTION LLC
Edmond · 2 employees
$2.6M$173K1.1 mi
DON TERRELL ENTERPRISES, INC
Edmond · 4 employees
$6.2M$383K1.6 mi
EDUARDO BERRIOS
Edmond · 1 employees
$637K$48K1.9 mi
JONES ENTERPRISES LLC
Edmond · 9 employees
$4.0M$245K2.0 mi

The full calculation

Employees reported to the SBA30
Industry revenue per employee$741K
Revenue = employees × revenue per employee$39.3M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$2.0M
Cross-check: revenue implied by PPP payroll$342K

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$6.7M
Multiple for this size and industry3.4×
Value range$3.2M – $9.6M
Revenue range$23.2M – $46.5M
EBITDA range$1.2M – $2.3M
Industry (NAICS)New Single-Family Housing Construction (except For-Sale Builders) (236115)

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, 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

“First Construction Corp was formed so that Oklahoma residents would have a reliable source for roof repair.”

Advisors

  • BankingJPMorgan Chase Bank, National AssociationPPP / 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

JPMorgan Chase Bank, National Association
PPP 2020
All 993 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/1/2020first$4K$4K30JPMorgan Chase Bank, National Association

2 locations

301 W WATERLOO RD # 250EdmondThis listing
1330 N Classen Blvd Ste 110Oklahoma CityView

Revenue, profit and value are for the whole company.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About First Construction Corp

First Construction Corp is a home builders company in Edmond, Oklahoma, in business since 2014. Its estimated annual revenue is about $39.3M, with roughly $2.0M of EBITDA. It has about 30 employees. Its estimated business value is $6.7M (likely range $3.2M–$9.6M). It has 2 locations.

Common questions

Who owns First Construction Corp?
The owner of First Construction Corp 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 First Construction Corp make?
SeeBITDA estimates First Construction Corp's annual revenue at about $39.3M (likely between $23.2M and $46.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is First Construction Corp worth?
About $6.7M, roughly 3.4× its estimated EBITDA of $2.0M, typical for a home builders company its size. Likely range: $3.2M–$9.6M.
How many employees does First Construction Corp have?
About 30, as reported on its PPP loan.
When was First Construction Corp founded?
First Construction Corp has been in business since 2014.