G T Underground, LLC
How we got $1.1M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 4% 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 |
|---|---|---|
| G T UNDERGROUND, LLC this business | $3.5M | — |
| HTM UNDERGROUND, L.L.C. Blanchard · 7 employees | $3.4M | 3.3 mi |
| ELITE TOWERS, INC Blanchard · 19 employees | $9.5M | 3.4 mi |
| STEVEN MCCOMAS Blanchard · 2 employees | $982K | 3.6 mi |
| Precision HDD Dibble | $5.8M | 11.3 mi |
| L & L BROWN, INC. Newcastle · 13 employees | $6.2M | 12.8 mi |
| Mowdy Drilling, LLC Chickasha | $5.8M | 13.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $462K |
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 | $1.1M |
| Multiple for this size and industry | 2.3× |
| Value range | $559K – $1.5M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $304K – $527K |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/6/2020 | first | $103K | 8 |
| 2/19/2021 | second | $57K | 4 |
About G T Underground, LLC
G T Underground, LLC is an oil and gas pipeline and related structures construction company in Blanchard, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $462K of EBITDA. It has about 8 employees. Its estimated business value is $1.1M (likely range $559K–$1.5M).
Common questions
- Who owns G T Underground, LLC?
- The owner of G T Underground, 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 G T Underground, LLC make?
- SeeBITDA estimates G T Underground, LLC's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is G T Underground, LLC worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $462K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $559K–$1.5M.
- How many employees does G T Underground, LLC have?
- About 8, as reported on its PPP loan.