SeeBITDAOklahoma

Hg Jenkins Construction, LLC

Asphalt Paving Mixture and Block Manufacturing
  • 1630 SW RAILROAD STREET, Lawton, OK
  • Since 1963
  • Family-owned
Estimated valueMedium confidence
$20.7M
$10.9Mlikely range$28.3M
About 5.5× its yearly profit, typical for a company this size in its industry.
Revenue
$36.1M
a year
Profit (EBITDA)
$3.8M
10% of revenue
Employees
23
reported in 2020
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $20.7M

Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.

23 employees × $1.6M each$36.7M
PPP payroll ÷ payroll's usual share of revenue$27.3M
Shown toward the top of its range×1.14
Revenue$36.1M
× 10% profit margin$3.8M
× 5.5 sale multiple = value$20.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner not found
Trucking registration (FMCSA)

Signs of a sale Some signs of a sale

  • In business 63 years (since 1963)

From public records and the company's website, not a statement that it's for sale.

What they do

HG Jenkins Construction, LLC is a family owned and operated business since 1963 that manufactures asphalt and provides dirt excavation (earthwork) and asphalt paving. It serves the Lawton/Ft. Sill area and within a 60 mile radius of Lawton.

Products & services
AsphaltAsphalt Paving and EarthworkDirt excavation (earthwork)AggregateSand
Service area
Lawton/Ft. Sill areaWithin a 60 mile radius of Lawton

From the company's website. Industry: Asphalt Paving Mixture and Block Manufacturing.

Estimated value over time

▲ 23% since 2020
$0$11.9M$23.8M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 30% since 2020
025502020202120222023202420252316
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan23$26.4M$2.8M
2020Form 550022$25.3M$2.6M
2021Form 550018$20.7M$2.2M
2022Form 550019$21.8M$2.3M
2023Form 550017$19.5M$2.0M
2024Form 550016$18.4M$1.9M
2025Form 550016$18.4M$1.9M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
HG JENKINS CONSTRUCTION, LLC
this business
$36.1M$3.8M—
C AND B SURFACES, LLC
Lawton · 16 employees
$16.9M$1.8M1.2 mi
GIROD CONSULTING INC
Duncan · 1 employees
$2.0M$284K24.3 mi
R & D MAINTENANCE & REPAIR, LLC
Duncan · 5 employees
$8.1M$901K30.2 mi
IRIS HILLS ENTERPRISES, INC.
Oklahoma City · 26 employees
$37.3M$3.9M67.9 mi
INDUSTRIAL RUBBER, INC.
Oklahoma City · 31 employees
$68.8M$7.2M69.0 mi
TK7 PRODUCTS LLC
Oklahoma City · 2 employees
$3.6M$501K69.4 mi

The full calculation

Employees reported to the SBA23
Revenue from headcount (employees × revenue per employee for companies this size)$36.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$27.3M
Estimate: the two combined (geometric mean)$36.1M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$3.8M

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$20.7M
Multiple for this size and industry5.5×
Value range$10.9M – $28.3M
Revenue range$23.7M – $41.1M
EBITDA range$2.5M – $4.3M
Industry (NAICS)Asphalt Paving Mixture and Block Manufacturing (324121)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Founded 1963Family-owned
“We have been a family owned and operated business since 1963.”

Leadership

  • SJ
    Sharon Jenkins
    Signed for the company · 2022 retirement-plan filing (Form 5500)

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$282K$285K23BancFirst

Public records

DOT motor carrier
USDOT 507779 · hazmat
Trucks (power units)23
Drivers7
Miles (2024)252,330
Registered with DOT1992

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Hg Jenkins Construction, LLC

Hg Jenkins Construction, LLC is a family-owned asphalt paving mixture and block manufacturing company in Lawton, Oklahoma, in business since 1963. Its estimated annual revenue is about $36.1M, with roughly $3.8M of EBITDA. It has about 16 employees. Its estimated business value is $20.7M (likely range $10.9M–$28.3M).

Common questions

Who owns Hg Jenkins Construction, LLC?
The owner of Hg Jenkins 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 Hg Jenkins Construction, LLC make?
SeeBITDA estimates Hg Jenkins Construction, LLC's annual revenue at about $36.1M (likely between $23.7M and $41.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Hg Jenkins Construction, LLC worth?
About $20.7M, roughly 5.5× its estimated EBITDA of $3.8M, typical for a asphalt paving mixture and block manufacturing company its size. Likely range: $10.9M–$28.3M.
How many employees does Hg Jenkins Construction, LLC have?
About 16, from its 2025 retirement-plan filing.
When was Hg Jenkins Construction, LLC founded?
Hg Jenkins Construction, LLC has been in business since 1963.