H&g Paving Contractors, Inc.
How we got $8.4M
Based on its 46 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 20% 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 |
|---|---|---|
| H&G PAVING CONTRACTORS, INC. this business | $20.8M | — |
| GLOVER & ASSOCIATES INC Muskogee · 5 employees | $2.5M | 0.0 mi |
| EASTERN OKLAHOMA CONCRETE, LLC Muskogee · 9 employees | $5.7M | 0.9 mi |
| ADVANCED WORKZONE SERVICES, LLC Muskogee · 102 employees | $57.3M | 3.9 mi |
| C-A NATIVE CONSTRUCTORS, INC Muskogee | $5.5M | 6.1 mi |
| GRADE LINE CONSTRUCTION LLC Broken Arrow · 38 employees | $18.2M | 32.8 mi |
| T-G EXCAVATING INC Catoosa · 72 employees | $45.2M | 33.3 mi |
The full calculation
| Employees reported to the SBA | 46 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $24.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.6M |
| Estimate: the two combined (geometric mean) | $20.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $2.0M |
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 | $8.4M |
| Multiple for this size and industry | 4.1× |
| Value range | $4.4M – $11.4M |
| Revenue range | $13.7M – $23.8M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $337K | 37 |
| 1/16/2021 | second | $394K | 46 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H&g Paving Contractors, Inc.
H&g Paving Contractors, Inc. is a highway, street, and bridge construction company in Muskogee, Oklahoma, in business since 2018. Its estimated annual revenue is about $20.8M, with roughly $2.0M of EBITDA. It has about 46 employees. Its estimated business value is $8.4M (likely range $4.4M–$11.4M).
Common questions
- Who owns H&g Paving Contractors, Inc.?
- The owner of H&g Paving Contractors, 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 H&g Paving Contractors, Inc. make?
- SeeBITDA estimates H&g Paving Contractors, Inc.'s annual revenue at about $20.8M (likely between $13.7M and $23.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H&g Paving Contractors, Inc. worth?
- About $8.4M, roughly 4.1× its estimated EBITDA of $2.0M, typical for a highway, street, and bridge construction company its size. Likely range: $4.4M–$11.4M.
- How many employees does H&g Paving Contractors, Inc. have?
- About 46, as reported on its PPP loan.
- When was H&g Paving Contractors, Inc. founded?
- H&g Paving Contractors, Inc. has been in business since 2018.