Flatworks LLC
How we got $254K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 4% since 2021Today'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 |
|---|---|---|
| FLATWORKS LLC this business | $890K | — |
| SCM CONSTRUCTION, LLC Blanchard · 1 employees | $567K | 0.7 mi |
| K HODGES CONCRETE CONSTRUCTION LLC Blanchard · 6 employees | $2.2M | 3.0 mi |
| ARMOURED GENERAL CONTRACTING Blanchard · 1 employees | $776K | 4.3 mi |
| ABOVE ALL METAL ROOFING LLC Newcastle · 9 employees | $3.7M | 5.0 mi |
| Dana Bottom Masonry Blanchard | $2.2M | 5.7 mi |
| LEGACY CONSTRUCTION CONSULTING LLC Blanchard · 1 employees | $422K | 6.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $880K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $693K |
| Estimate: the two combined (geometric mean) | $890K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $134K |
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 | $254K |
| Multiple for this size and industry | 1.9× |
| Value range | $134K – $348K |
| Revenue range | $585K – $1.0M |
| EBITDA range | $88K – $153K |
| Industry (NAICS) | Poured Concrete Foundation and Structure Contractors (238110) |
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
Advisors
- BankingFirst 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 Roles are as stated there and may be out of date.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
| First State Bank PPP 2021 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/13/2021 | first | $15K | 2 |
About Flatworks LLC
Flatworks LLC is a concrete & foundations company in Blanchard, Oklahoma. Its estimated annual revenue is about $890K, with roughly $134K of EBITDA. It has about 2 employees. Its estimated business value is $254K (likely range $134K–$348K).
Common questions
- Who owns Flatworks LLC?
- The owner of Flatworks LLC 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 Flatworks LLC make?
- SeeBITDA estimates Flatworks LLC's annual revenue at about $890K (likely between $585K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Flatworks LLC worth?
- About $254K, roughly 1.9× its estimated EBITDA of $134K, typical for a concrete & foundations company its size. Likely range: $134K–$348K.
- How many employees does Flatworks LLC have?
- About 2, as reported on its PPP loan.