Herndon Construction Inc
How we got $719K
Based on its 5 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 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 44% 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 |
|---|---|---|
| HERNDON CONSTRUCTION INC this business | $5.1M | — |
| TEXOMA BUILDING SERVICES, LLC Kingston · 16 employees | $5.1M | 0.1 mi |
| STEELRITE METAL BUILDINGS, LLC Kingston · 5 employees | $5.4M | 1.9 mi |
| CAIN CONSTRUCTION LLC Kingston · 1 employees | $1.5M | 5.3 mi |
| DONALD SMITH CONSTRUCTION LLC Madill · 5 employees | $1.2M | 7.5 mi |
| DONALD SMITH JR Madill · 5 employees | $1.4M | 7.5 mi |
| REDLINE BUILDERS LLC Mead · 2 employees | $1.8M | 8.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| 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) | $4.4M |
| Estimate: the two combined (geometric mean) | $5.1M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $313K |
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 | $719K |
| Multiple for this size and industry | 2.3× |
| Value range | $378K – $984K |
| Revenue range | $3.3M – $5.8M |
| EBITDA range | $206K – $357K |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
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
- BankingSimmons Bank, First United 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
| First United Bank and Trust Company PPP 2021 | All 2,229 borrowers → |
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $47K | 5 |
| 1/29/2021 | second | $41K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Herndon Construction Inc
Herndon Construction Inc is a home builders company in Kingston, Oklahoma, in business since 2002. Its estimated annual revenue is about $5.1M, with roughly $313K of EBITDA. It has about 5 employees. Its estimated business value is $719K (likely range $378K–$984K).
Common questions
- Who owns Herndon Construction Inc?
- The owner of Herndon 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 Herndon Construction Inc make?
- SeeBITDA estimates Herndon Construction Inc's annual revenue at about $5.1M (likely between $3.3M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Herndon Construction Inc worth?
- About $719K, roughly 2.3× its estimated EBITDA of $313K, typical for a home builders company its size. Likely range: $378K–$984K.
- How many employees does Herndon Construction Inc have?
- About 5, as reported on its PPP loan.
- When was Herndon Construction Inc founded?
- Herndon Construction Inc has been in business since 2002.