How we got $2.0M
Based on 11 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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 |
|---|---|---|
| HOOKIT LLC this business | $13.0M | — |
| K2 CONSTRUCTION LLC Muskogee · 6 employees | $5.8M | 8.5 mi |
| BEARDEN HOMES AND DESIGN Muskogee · 2 employees | $1.4M | 9.1 mi |
| LONE STAR FIREPLACE LLC Checotah · 1 employees | $496K | 10.1 mi |
| NORTHEASTERN REMODELING, LLC Muskogee · 8 employees | $2.8M | 11.3 mi |
| COBLENTZ CONSTRUCTION, INC Checotah · 1 employees | $804K | 11.3 mi |
| RUSSELL HOME SERVICES LLC Muskogee · 1 employees | $296K | 12.2 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Industry revenue per employee | $741K |
| Revenue = employees × revenue per employee | $13.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $708K |
| Cross-check: revenue implied by PPP payroll | $791K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $938K – $2.8M |
| Revenue range | $7.7M – $15.4M |
| EBITDA range | $419K – $838K |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
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
- BankingCross River 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 Roles are as stated there and may be out of date.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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/23/2020 | first | $9K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hookit LLC
Hookit LLC is a home builders company in Oktaha, Oklahoma. It is owned by Mark Spradlin. Its estimated annual revenue is about $13.0M, with roughly $708K of EBITDA. It has about 11 employees. Its estimated business value is $2.0M (likely range $938K–$2.8M).
Common questions
- Who owns Hookit LLC?
- Hookit LLC is owned by Mark Spradlin, according to public sources such as the company's website or filings.
- How much revenue does Hookit LLC make?
- SeeBITDA estimates Hookit LLC's annual revenue at about $13.0M (likely between $7.7M and $15.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hookit LLC worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $708K, typical for a home builders company its size. Likely range: $938K–$2.8M.
- How many employees does Hookit LLC have?
- About 11, as reported on its PPP loan.