Gates Excavation & Hauling, Inc.
How we got $997K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 34% 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 |
|---|---|---|
| GATES EXCAVATION & HAULING, INC. this business | $4.1M | — |
| WRIGHT'S ELECTRIC HEATING AND AIR, INC Vian · 6 employees | $2.4M | 2.7 mi |
| JLS CONTRACTING Park Hill · 11 employees | $4.5M | 6.8 mi |
| FRAZIER POOL CONSTRUCTION INC. Sallisaw · 2 employees | $984K | 9.0 mi |
| BRYAN HODGE EXCAVATION, INC. Park Hill · 16 employees | $4.0M | 9.9 mi |
| BARNES EXCAVATION LLC Park Hill · 1 employees | $233K | 10.1 mi |
| STRAUSS AND STRAUSS INC. Park Hill · 5 employees | $1.9M | 11.2 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $4.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $433K |
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 | $997K |
| Multiple for this size and industry | 2.3× |
| Value range | $525K – $1.4M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $285K – $494K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
History & advisors
Advisors
- BankingFirstar 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
| Firstar Bank PPP 2020 | All 380 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 | $101K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gates Excavation & Hauling, Inc.
Gates Excavation & Hauling, Inc. is an excavation & site work company in Vian, Oklahoma, in business since 2004. Its estimated annual revenue is about $4.1M, with roughly $433K of EBITDA. It has about 12 employees. Its estimated business value is $997K (likely range $525K–$1.4M).
Common questions
- Who owns Gates Excavation & Hauling, Inc.?
- The owner of Gates Excavation & Hauling, 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 Gates Excavation & Hauling, Inc. make?
- SeeBITDA estimates Gates Excavation & Hauling, Inc.'s annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gates Excavation & Hauling, Inc. worth?
- About $997K, roughly 2.3× its estimated EBITDA of $433K, typical for a excavation & site work company its size. Likely range: $525K–$1.4M.
- How many employees does Gates Excavation & Hauling, Inc. have?
- About 12, as reported on its PPP loan.
- When was Gates Excavation & Hauling, Inc. founded?
- Gates Excavation & Hauling, Inc. has been in business since 2004.