Hendershot Construction, LLC
How we got $2.3M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HENDERSHOT CONSTRUCTION, LLC this business | $16.3M | — |
| CARO'S METAL CONSTRUCTION LLC Clinton · 2 employees | $1.2M | 2.4 mi |
| PERRY CONSTRUCTION LLC Foss · 3 employees | $2.0M | 10.4 mi |
| CIRCLE A WELDING LLC Weatherford · 2 employees | $1.3M | 14.4 mi |
| TERREL CONSTRUCTION LLC Weatherford · 1 employees | $811K | 16.9 mi |
| TRIPLE E CONTRACTING LLC Weatherford · 4 employees | $3.3M | 17.8 mi |
| MATT BURD CONSTRUCTION, LLC Weatherford · 6 employees | $3.8M | 17.9 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.2M |
| Estimate: the two combined (geometric mean) | $16.3M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $824K |
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 | $2.3M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.2M – $3.2M |
| Revenue range | $10.7M – $18.6M |
| EBITDA range | $542K – $939K |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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
- BankingOklahoma Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Oklahoma Bank and Trust Company PPP 2020, PPP 2021 | All 72 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $245K | 11 |
| 2/22/2021 | second | $373K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hendershot Construction, LLC
Hendershot Construction, LLC is a commercial construction company in Clinton, Oklahoma, in business since 2018. Its estimated annual revenue is about $16.3M, with roughly $824K of EBITDA. It has about 15 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Hendershot Construction, LLC?
- The owner of Hendershot Construction, LLC 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 Hendershot Construction, LLC make?
- SeeBITDA estimates Hendershot Construction, LLC's annual revenue at about $16.3M (likely between $10.7M and $18.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hendershot Construction, LLC worth?
- About $2.3M, roughly 2.8× its estimated EBITDA of $824K, typical for a commercial construction company its size. Likely range: $1.2M–$3.2M.
- How many employees does Hendershot Construction, LLC have?
- About 15, as reported on its PPP loan.
- When was Hendershot Construction, LLC founded?
- Hendershot Construction, LLC has been in business since 2018.