Hopkins Excavating, LLC
How we got $744K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 34% 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
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOPKINS EXCAVATING, LLC this business | $2.8M | — |
| SOUTHERN RANCH WORKS LLC Glenpool · 2 employees | $582K | 1.8 mi |
| PERMASTONE COUNTERTOP SOLUTIONS, L.L.C. Glenpool · 15 employees | $5.5M | 2.9 mi |
| P&B CUSTOM WOODWORK INC. Bixby · 2 employees | $897K | 3.2 mi |
| CHEROKEE UNDERGROUND LLC Glenpool · 5 employees | $1.9M | 3.5 mi |
| MCCULLOCH EXCAVATION INC Kiefer · 3 employees | $1.3M | 3.5 mi |
| CDP ENTERPRISE LLC Glenpool · 1 employees | $332K | 3.8 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $323K |
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 | $744K |
| Multiple for this size and industry | 2.3× |
| Value range | $391K – $1.0M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $213K – $369K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
- BankingFirst Oklahoma 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 Roles are as stated there and may be out of date.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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $85K | 7 |
| 1/21/2021 | second | $85K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hopkins Excavating, LLC
Hopkins Excavating, LLC is an excavation & site work company in Mounds, Oklahoma, in business since 1999. Its estimated annual revenue is about $2.8M, with roughly $323K of EBITDA. It has about 7 employees. Its estimated business value is $744K (likely range $391K–$1.0M).
Common questions
- Who owns Hopkins Excavating, LLC?
- The owner of Hopkins Excavating, 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 Hopkins Excavating, LLC make?
- SeeBITDA estimates Hopkins Excavating, LLC's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hopkins Excavating, LLC worth?
- About $744K, roughly 2.3× its estimated EBITDA of $323K, typical for a excavation & site work company its size. Likely range: $391K–$1.0M.
- How many employees does Hopkins Excavating, LLC have?
- About 7, as reported on its PPP loan.
- When was Hopkins Excavating, LLC founded?
- Hopkins Excavating, LLC has been in business since 1999.