Hey and Associates, Inc.
How we got $173K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 23% 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 |
|---|---|---|
| HEY AND ASSOCIATES, INC. this business | $606K | — |
| M & M WRECKING, INC. Blanchard · 21 employees | $7.6M | 1.2 mi |
| BB'S CONSTRUCTION LLC Blanchard · 2 employees | $1.0M | 1.3 mi |
| BB'S CONSTRUCTON, LLC Blanchard · 2 employees | $622K | 1.3 mi |
| JACK'S TRACTOR AND TURF SERVICES, LLC Newcastle · 8 employees | $2.8M | 3.0 mi |
| SITE DEVELOPMENT CONSULTANTS, INC Newcastle · 1 employees | $321K | 3.3 mi |
| M&T SEPTIC & BACKHOE SERVICE, INC Blanchard · 13 employees | $4.8M | 3.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $881K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $321K |
| Estimate: the two combined (geometric mean) | $606K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $91K |
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 | $173K |
| Multiple for this size and industry | 1.9× |
| Value range | $91K – $237K |
| Revenue range | $399K – $691K |
| EBITDA range | $60K – $104K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $8K | 2 |
About Hey and Associates, Inc.
Hey and Associates, Inc. is a fencing, siding & exterior company in Newcastle, Oklahoma. Its estimated annual revenue is about $606K, with roughly $91K of EBITDA. It has about 2 employees. Its estimated business value is $173K (likely range $91K–$237K).
Common questions
- Who owns Hey and Associates, Inc.?
- The owner of Hey and Associates, 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 Hey and Associates, Inc. make?
- SeeBITDA estimates Hey and Associates, Inc.'s annual revenue at about $606K (likely between $399K and $691K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hey and Associates, Inc. worth?
- About $173K, roughly 1.9× its estimated EBITDA of $91K, typical for a fencing, siding & exterior company its size. Likely range: $91K–$237K.
- How many employees does Hey and Associates, Inc. have?
- About 2, as reported on its PPP loan.