Hgl Construction, Inc.
How we got $9.8M
Based on its 43 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 23% since 2021Today'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 |
|---|---|---|
| HGL CONSTRUCTION, INC. this business | $40.0M | — |
| M.D. PAR LLC Midwest City · 4 employees | $3.5M | 0.5 mi |
| WARCON LLC Oklahoma City · 12 employees | $10.5M | 4.4 mi |
| LEONARD BUILDING COMPANY, LLC Oklahoma City · 32 employees | $29.3M | 4.5 mi |
| ROBERT MAINUS CONSTRUCTION Choctaw · 1 employees | $484K | 4.5 mi |
| L.G. CONSTRUCTION CO INC Oklahoma City · 10 employees | $6.1M | 4.5 mi |
| PERIPHERAL SYSTEMS, INC. Oklahoma City · 20 employees | $19.4M | 4.9 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $28.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $43.8M |
| Estimate: the two combined (geometric mean) | $40.0M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $2.4M |
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 | $9.8M |
| Multiple for this size and industry | 4.1× |
| Value range | $5.2M – $13.4M |
| Revenue range | $26.3M – $45.7M |
| EBITDA range | $1.6M – $2.7M |
| 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
People & 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 Roles are as stated there and may be out of date.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 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/2/2021 | second | $381K | 24 |
2 locations
| 2000 S Douglas Blvd Ste A | Midwest City | This listing |
| 2000 S. Douglas Blvd | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hgl Construction, Inc.
Hgl Construction, Inc. is a commercial construction company in Midwest City, Oklahoma. Its estimated annual revenue is about $40.0M, with roughly $2.4M of EBITDA. It has about 43 employees. Its estimated business value is $9.8M (likely range $5.2M–$13.4M). It has 2 locations.
Common questions
- Who owns Hgl Construction, Inc.?
- The owner of Hgl 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 Hgl Construction, Inc. make?
- SeeBITDA estimates Hgl Construction, Inc.'s annual revenue at about $40.0M (likely between $26.3M and $45.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hgl Construction, Inc. worth?
- About $9.8M, roughly 4.1× its estimated EBITDA of $2.4M, typical for a commercial construction company its size. Likely range: $5.2M–$13.4M.
- How many employees does Hgl Construction, Inc. have?
- About 43, as reported on its PPP loan.