Horizon Underground LLC
How we got $233K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 34% 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
Customers & suppliers
Customers
- Indian Health Service · federal contracts $37K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HORIZON UNDERGROUND LLC this business | $845K | — |
| Fuller Mud Co Okmulgee | $5.8M | 12.0 mi |
| GOLD STAR POOLS LLC Sapulpa · 6 employees | $1.8M | 13.9 mi |
| CHEROKEE PRIDE CONSTRUCTION INC Sapulpa · 17 employees | $8.4M | 14.2 mi |
| GARROW CONSTRUCTION, LLC Sapulpa · 3 employees | $2.0M | 15.7 mi |
| COLORADO INSPECTION, LLC Tulsa · 1 employees | $751K | 16.3 mi |
| PRIDE ENERGY COMPANY Tulsa · 10 employees | $3.5M | 16.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $450K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $845K |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $122K |
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 | $233K |
| Multiple for this size and industry | 1.9× |
| Value range | $122K – $318K |
| Revenue range | $556K – $964K |
| EBITDA range | $80K – $140K |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingCustomers 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 Roles are as stated there and may be out of date.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
| Customers Bank PPP 2021 | All 220 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | first | $26K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Horizon Underground LLC
Horizon Underground LLC is a water and sewer line and related structures construction company in Winchester, Oklahoma. Its estimated annual revenue is about $845K, with roughly $122K of EBITDA. It has about 1 employees. Its estimated business value is $233K (likely range $122K–$318K).
Common questions
- Who owns Horizon Underground LLC?
- The owner of Horizon Underground 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 Horizon Underground LLC make?
- SeeBITDA estimates Horizon Underground LLC's annual revenue at about $845K (likely between $556K and $964K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Horizon Underground LLC worth?
- About $233K, roughly 1.9× its estimated EBITDA of $122K, typical for a water and sewer line and related structures construction company its size. Likely range: $122K–$318K.
- How many employees does Horizon Underground LLC have?
- About 1, as reported on its PPP loan.