Gail Armstrong Construction Inc
How we got $294K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Geddes-Armstrong Construction is a commercial general contractor in Norman, OK, offering pre-construction, general contracting, design build, land development and leasing services. It presents itself as the successor to Gail Armstrong Construction, founded in 1967.
From the company's website. Industry: Commercial construction.
Customers & suppliers
Customers
- Oklahoma Electric Cooperative · named on its website
- John Rex Elementary · named on its website
Estimated value over time
▲ 28% 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $2.2M |
| 2020 | Form 5500 | 3 | $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
| Business | Est. revenue | Distance |
|---|---|---|
| GAIL ARMSTRONG CONSTRUCTION INC this business | $2.5M | — |
| CHICKASAW DEFENSE LOGISTICS, LLC Norman · 258 employees | $174.4M | 1.3 mi |
| SWIFTCO DEVELOPMENT LLC Norman · 1 employees | $825K | 2.6 mi |
| QUALITY BUILDINGS, INC. Norman · 33 employees | $19.2M | 3.0 mi |
| CALE BETH, INC. Norman · 1 employees | $566K | 3.2 mi |
| PRECISION BUILDERS LLC Norman · 10 employees | $15.1M | 3.4 mi |
| CAMTER HOLDINGS LLC Norman · 1 employees | $580K | 3.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.7M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $154K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 3% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $294K |
| Multiple for this size and industry | 1.9× |
| Value range | $176K – $458K |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $116K – $201K |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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
Advisors
- BankingArmstrong 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
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 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 | $64K | 3 |
| 2/17/2021 | second | $64K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gail Armstrong Construction Inc
Gail Armstrong Construction Inc is a commercial construction company in Norman, Oklahoma, in business since 1999. Its estimated annual revenue is about $2.5M, with roughly $154K of EBITDA. It has about 3 employees. Its estimated business value is $294K (likely range $176K–$458K).
Common questions
- Who owns Gail Armstrong Construction Inc?
- The owner of Gail Armstrong Construction 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 Gail Armstrong Construction Inc make?
- SeeBITDA estimates Gail Armstrong Construction Inc's annual revenue at about $2.5M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gail Armstrong Construction Inc worth?
- About $294K, roughly 1.9× its estimated EBITDA of $154K, typical for a commercial construction company its size. Likely range: $176K–$458K.
- How many employees does Gail Armstrong Construction Inc have?
- About 3, from its 2020 retirement-plan filing.
- When was Gail Armstrong Construction Inc founded?
- Gail Armstrong Construction Inc has been in business since 1999.