SeeBITDAOklahoma

Frontier Bridge, Inc.

Highway, Street, and Bridge Construction
  • 7820 NW EXPRESSWAY, Okarche, OK
  • Since 2013
Estimated valueMedium confidence
$26.3M
$13.9Mlikely range$36.0M
About 4.9× its yearly profit, typical for a company this size in its industry.
Revenue
$54.9M
a year
Profit (EBITDA)
$5.4M
10% of revenue
Employees
88
reported in 2020
Raymond Flatt
President · source

How we got $26.3M

Based on its 88 employees and its payroll, both reported for PPP in 2020 and brought up to date.

88 employees × $533K each$46.9M
PPP payroll ÷ payroll's usual share of revenue$49.5M
Shown toward the top of its range×1.14
Revenue$54.9M
× 10% profit margin$5.4M
× 4.9 sale multiple = value$26.3M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

What they do

Frontier Bridge, Inc. is a highway bridge contracting firm that says it aims to build quality relationships with employees, subcontractors, suppliers, and the agencies that contract it.

Markets served
highway bridge contracting
Service area
Oklahoma

From the company's website. Industry: Highway, Street, and Bridge Construction.

Estimated value over time

▲ 20% since 2020
$0$15.1M$30.3M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 25% since 2020
0501002020202120222023202420258866
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan88$29.4M$2.9M
2020Form 550075$25.1M$2.5M
2021Form 550072$24.1M$2.4M
2022Form 550057$19.1M$1.9M
2023Form 550070$23.4M$2.3M
2024Form 550062$20.7M$2.0M
2025Form 550066$22.1M$2.2M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
FRONTIER BRIDGE, INC.
this business
$54.9M$5.4M—
TMC CONSTRUCTION COMPANY, INC
Piedmont · 20 employees
$12.0M$1.3M5.6 mi
ADAMS QUALITY TILE INC
Oklahoma City · 6 employees
$4.0M$480K13.9 mi
MCCONNELL CONSTRUCTION INC
El Reno · 1 employees
$626K$106K15.0 mi
REDLANDS CONTRACTING, LLC
Warr Acres · 55 employees
$26.7M$2.6M16.9 mi
MILLER GRADING COMPANY LLC
Bethany · 1 employees
$691K$117K17.1 mi
ALL ROADS PAVING, INC.
Oklahoma City · 35 employees
$19.9M$2.0M17.7 mi

The full calculation

Employees reported to the SBA88
Revenue from headcount (employees × revenue per employee for companies this size)$46.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$49.5M
Estimate: the two combined (geometric mean)$54.9M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$5.4M

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$26.3M
Multiple for this size and industry4.9×
Value range$13.9M – $36.0M
Revenue range$36.1M – $62.6M
EBITDA range$3.5M – $6.1M
Industry (NAICS)Highway, Street, and Bridge Construction (237310)

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

Leadership

  • JF
    Janis Flatt
    Signed for the company · 2021 retirement-plan filing (Form 5500)

Advisors

  • BankingRCB 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

RCB Bank
PPP 2020
All 1,690 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$1.2M$1.2M88RCB Bank

Public records

DOT motor carrier
USDOT 2468921 · hazmat
Trucks (power units)6
Drivers2
Miles (2023)150,000
Registered with DOT2014

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

About Frontier Bridge, Inc.

Frontier Bridge, Inc. is a highway, street, and bridge construction company in Okarche, Oklahoma, in business since 2013. It is owned by Raymond Flatt (President). Its estimated annual revenue is about $54.9M, with roughly $5.4M of EBITDA. It has about 66 employees. Its estimated business value is $26.3M (likely range $13.9M–$36.0M).

Common questions

Who owns Frontier Bridge, Inc.?
Frontier Bridge, Inc. is owned by Raymond Flatt (President), according to public sources such as the company's website or filings.
How much revenue does Frontier Bridge, Inc. make?
SeeBITDA estimates Frontier Bridge, Inc.'s annual revenue at about $54.9M (likely between $36.1M and $62.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Frontier Bridge, Inc. worth?
About $26.3M, roughly 4.9× its estimated EBITDA of $5.4M, typical for a highway, street, and bridge construction company its size. Likely range: $13.9M–$36.0M.
How many employees does Frontier Bridge, Inc. have?
About 66, from its 2025 retirement-plan filing.
When was Frontier Bridge, Inc. founded?
Frontier Bridge, Inc. has been in business since 2013.