Heritage Concrete Construction, Inc
How we got $3.8M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 0% 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
What they do
Heritage Concrete Construction, Inc. is a concrete contractor offering commercial, residential, and specialty concrete work, including decorative and polished concrete, for projects in northeast Oklahoma.
From the company's website. Industry: Concrete & foundations.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HERITAGE CONCRETE CONSTRUCTION, INC this business | $12.0M | — |
| METROPOLITAN CONCRETE CONSTRUCTION INC Tulsa · 27 employees | $11.8M | 0.2 mi |
| RoofIT Tulsa | $2.2M | 0.3 mi |
| Roofit - By Mcguire Roofing And Construction Tulsa | $2.2M | 0.3 mi |
| A G Perez Rebar Tulsa | $2.2M | 0.6 mi |
| Midwest Block and Brick Tulsa | $2.2M | 0.8 mi |
| Tulsa Custom Concrete Tulsa | $2.2M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.9M |
| Estimate: the two combined (geometric mean) | $12.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.8M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.0M – $5.2M |
| Revenue range | $7.9M – $13.7M |
| EBITDA range | $735K – $1.3M |
| Industry (NAICS) | Poured Concrete Foundation and Structure Contractors (238110) |
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
- BankingTriad Bank, National AssociationPPP / 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
| Triad Bank, National Association PPP 2020 | All 138 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $249K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heritage Concrete Construction, Inc
Heritage Concrete Construction, Inc is a concrete & foundations company in Tulsa, Oklahoma, in business since 2012. Its estimated annual revenue is about $12.0M, with roughly $1.1M of EBITDA. It has about 29 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Heritage Concrete Construction, Inc?
- The owner of Heritage Concrete 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 Heritage Concrete Construction, Inc make?
- SeeBITDA estimates Heritage Concrete Construction, Inc's annual revenue at about $12.0M (likely between $7.9M and $13.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heritage Concrete Construction, Inc worth?
- About $3.8M, roughly 3.4× its estimated EBITDA of $1.1M, typical for a concrete & foundations company its size. Likely range: $2.0M–$5.2M.
- How many employees does Heritage Concrete Construction, Inc have?
- About 29, as reported on its PPP loan.
- When was Heritage Concrete Construction, Inc founded?
- Heritage Concrete Construction, Inc has been in business since 2012.