General Underground Construction, Inc.
How we got $2.1M
Based on its 13 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 43% 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 |
|---|---|---|
| GENERAL UNDERGROUND CONSTRUCTION, INC. this business | $6.2M | — |
| SUNRISE CONSTRUCTION LLC Eufaula · 5 employees | $2.0M | 2.8 mi |
| Lone Wolf Drilling Quinton | $5.8M | 11.0 mi |
| MIKE KREBBS CONSTRUCTION INC Quinton · 39 employees | $15.2M | 11.5 mi |
| BIG RED ENTERPRISES, LLC Quinton · 1 employees | $311K | 13.2 mi |
| OKIE PIPE FINDERS LLC Checotah · 6 employees | $3.0M | 13.8 mi |
| PIXIE PIPE INSPECTION LLC Checotah · 2 employees | $1.3M | 17.5 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.6M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $739K |
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 | $2.1M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $4.1M – $7.0M |
| EBITDA range | $486K – $843K |
| Industry (NAICS) | Power and Communication Line and Related Structures Construction (237130) |
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
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $200K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About General Underground Construction, Inc.
General Underground Construction, Inc. is a power and communication line and related structures construction company in Eufala, Oklahoma, in business since 2010. Its estimated annual revenue is about $6.2M, with roughly $739K of EBITDA. It has about 13 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.8M).
Common questions
- Who owns General Underground Construction, Inc.?
- The owner of General Underground 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 General Underground Construction, Inc. make?
- SeeBITDA estimates General Underground Construction, Inc.'s annual revenue at about $6.2M (likely between $4.1M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is General Underground Construction, Inc. worth?
- About $2.1M, roughly 2.8× its estimated EBITDA of $739K, typical for a power and communication line and related structures construction company its size. Likely range: $1.1M–$2.8M.
- How many employees does General Underground Construction, Inc. have?
- About 13, as reported on its PPP loan.
- When was General Underground Construction, Inc. founded?
- General Underground Construction, Inc. has been in business since 2010.