Hoppes Construction LLC
How we got $85.7M
Based on its 79 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 8% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOPPES CONSTRUCTION LLC this business | $41.6M | — |
| GREAT PLAINS, LLC Ada · 88 employees | $69K | 3.2 mi |
| TRINITY EQUIPMENT LEASING LLC Ada · 1 employees | $507K | 3.5 mi |
| SUTTON SERVICES, LLC Ada · 1 employees | $457K | 4.6 mi |
| TRUE STEEL RENTAL LLC Ada · 2 employees | $1.8M | 8.5 mi |
| Okie Rents Davis Davis | $1.9M | 28.2 mi |
| T & T CONSTRUCTION Coalgate · 1 employees | $947K | 33.2 mi |
The full calculation
| Employees reported to the SBA | 79 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $37.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $35.9M |
| Estimate: the two combined (geometric mean) | $41.6M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $11.4M |
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 | $85.7M |
| Multiple for this size and industry | 7.5× |
| Value range | $45.1M – $117.3M |
| Revenue range | $27.3M – $47.4M |
| EBITDA range | $7.5M – $13.0M |
| Industry (NAICS) | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing (532412) |
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
History & advisors
Advisors
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2021 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | second | $1.0M | 79 |
About Hoppes Construction LLC
Hoppes Construction LLC is a construction, mining, and forestry machinery and equipment rental and leasing company in Ada, Oklahoma. Its estimated annual revenue is about $41.6M, with roughly $11.4M of EBITDA. It has about 79 employees. Its estimated business value is $85.7M (likely range $45.1M–$117.3M).
Common questions
- Who owns Hoppes Construction LLC?
- The owner of Hoppes 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 Hoppes Construction LLC make?
- SeeBITDA estimates Hoppes Construction LLC's annual revenue at about $41.6M (likely between $27.3M and $47.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hoppes Construction LLC worth?
- About $85.7M, roughly 7.5× its estimated EBITDA of $11.4M, typical for a construction, mining, and forestry machinery and equipment rental and leasing company its size. Likely range: $45.1M–$117.3M.
- How many employees does Hoppes Construction LLC have?
- About 79, as reported on its PPP loan.