Hoey Construction Co
How we got $1.8M
Based on its 15 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.
What they do
Hoey Construction Company is a commercial general contractor in Tulsa, Oklahoma, offering construction management, pre-construction, design-build, and project management services for developers, facility managers, and business owners.
From the company's website. Industry: Commercial construction.
Customers & suppliers
Customers
- Zeeco · named on its website
- Red Fork Masonic Lodge · named on its website
- Bank of Oklahoma · named on its website
- Oklahoma City Parks · named on its website
- US Cellular · named on its website
- Hulbert Public Schools · named on its website
- Zink Family Office · named on its website
- Block & Brick · named on its website
- St. Francis Hospital Muskogee · named on its website
- Oklahoma Turnpike Authority · named on its website
- Wozencraft and Associates · named on its website
- CREOKS · named on its website
- BOK Financial · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAZZIO'S LLC · Tulsa, 6 mi · $80.0M
- REW III LLC · Tulsa, 9 mi · $70.4M
- HIDEAWAY- 2 INC · Tulsa, 2 mi · $63.9M
- SJK, LLC · Broken Arrow, 13 mi · $48.1M
- WICHITA SDI, LLC · Prague, 58 mi · $46.7M
Estimated value over time
▲ 28% 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 |
|---|---|---|
| HOEY CONSTRUCTION CO this business | $11.8M | — |
| STAVA BUILDING LLC Tulsa · 16 employees | $12.2M | 0.3 mi |
| CONSTRUCTION ENTERPRISES INCORPORATED Tulsa · 7 employees | $4.9M | 1.1 mi |
| RECCER PROPERTIES LLC Tulsa · 1 employees | $562K | 1.3 mi |
| FLINT RESOURCES COMPANY, LLC Tulsa | $4.8M | 1.6 mi |
| KDB PROPERTIES INC. Tulsa · 3 employees | $1.9M | 1.9 mi |
| BARNES CONSTRUCTION SOLUTIONS, INC. Tulsa · 48 employees | $45.9M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.6M |
| Estimate: the two combined (geometric mean) | $11.8M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $643K |
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 | $1.8M |
| Multiple for this size and industry | 2.8× |
| Value range | $947K – $2.5M |
| Revenue range | $7.8M – $13.5M |
| EBITDA range | $423K – $733K |
| 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
History & advisors
“The Hoey family has spent more than four decades building something more valuable than structures: a reputation.”
Advisors
- BankingThe Central Trust 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
| The Central Trust Bank PPP 2020, PPP 2021 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $129K | 15 |
| 1/30/2021 | second | $147K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hoey Construction Co
Hoey Construction Co is a commercial construction company in Tulsa, Oklahoma, in business since 2002. Its estimated annual revenue is about $11.8M, with roughly $643K of EBITDA. It has about 15 employees. Its estimated business value is $1.8M (likely range $947K–$2.5M).
Common questions
- Who owns Hoey Construction Co?
- The owner of Hoey Construction Co 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 Hoey Construction Co make?
- SeeBITDA estimates Hoey Construction Co's annual revenue at about $11.8M (likely between $7.8M and $13.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hoey Construction Co worth?
- About $1.8M, roughly 2.8× its estimated EBITDA of $643K, typical for a commercial construction company its size. Likely range: $947K–$2.5M.
- How many employees does Hoey Construction Co have?
- About 15, as reported on its PPP loan.
- When was Hoey Construction Co founded?
- Hoey Construction Co has been in business since 2002.