Godwin Formwork Solutions, Inc.
How we got $12.0M
Based on its 93 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 16 years (since 2010)
- Headcount down 20% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 33% 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
▼ 19% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 93 | $22.4M |
| 2020 | Form 5500 | 42 | $10.1M |
| 2021 | Form 5500 | 94 | $22.6M |
| 2022 | Form 5500 | 69 | $16.6M |
| 2023 | Form 5500 | 74 | $17.8M |
| 2024 | Form 5500 | 75 | $18.0M |
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 |
|---|---|---|
| GODWIN FORMWORK SOLUTIONS, INC. this business | $33.8M | — |
| ATLAS GLASS & MIRROR COMPANY Oklahoma City · 9 employees | $2.0M | 0.1 mi |
| The Friendly Concrete Experts Oklahoma City | $2.2M | 0.1 mi |
| CAPITOL ROOFING COMPANY INC Oklahoma City | $2.2M | 0.1 mi |
| ASSOCIATED GLASS COMPANY Oklahoma City · 14 employees | $4.5M | 0.2 mi |
| SOUTHWESTERN ROOFING & METAL Oklahoma City · 64 employees | $39.7M | 0.4 mi |
| Kibera Concrete & Excavation Oklahoma City | $2.2M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 93 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $33.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $26.3M |
| Estimate: the two combined (geometric mean) | $33.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.9M |
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 | $12.0M |
| Multiple for this size and industry | 4.1× |
| Value range | $6.3M – $16.4M |
| Revenue range | $22.2M – $38.5M |
| EBITDA range | $1.9M – $3.3M |
| Industry (NAICS) | Other Foundation, Structure, and Building Exterior Contractors (238190) |
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. 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
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $903K | 93 |
2 locations
| 4970 North Walnut Ave | Oklahoma City | This listing |
| 1315 E Reno Ave | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Godwin Formwork Solutions, Inc.
Godwin Formwork Solutions, Inc. is an other foundation, structure, and building exterior contractors company in Oklahoma City, Oklahoma, in business since 2010. Its estimated annual revenue is about $33.8M, with roughly $2.9M of EBITDA. It has about 75 employees. Its estimated business value is $12.0M (likely range $6.3M–$16.4M). It has 2 locations.
Common questions
- Who owns Godwin Formwork Solutions, Inc.?
- The owner of Godwin Formwork Solutions, 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 Godwin Formwork Solutions, Inc. make?
- SeeBITDA estimates Godwin Formwork Solutions, Inc.'s annual revenue at about $33.8M (likely between $22.2M and $38.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Godwin Formwork Solutions, Inc. worth?
- About $12.0M, roughly 4.1× its estimated EBITDA of $2.9M, typical for a other foundation, structure, and building exterior contractors company its size. Likely range: $6.3M–$16.4M.
- How many employees does Godwin Formwork Solutions, Inc. have?
- About 75, from its 2024 retirement-plan filing.
- When was Godwin Formwork Solutions, Inc. founded?
- Godwin Formwork Solutions, Inc. has been in business since 2010.