Horton 2 With 2, LLC
How we got $660K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| HORTON 2 WITH 2, LLC this business | $2.5M | — |
| BELL TOWER CORPORATION INC Chelsea · 10 employees | $3.1M | 6.5 mi |
| D MORGAN ENTERPRISES LLC Chelsea · 9 employees | $2.5M | 6.7 mi |
| ROGERS ENGINEERING AND CONSTRUCTION, INC. Chelsea · 2 employees | $806K | 6.7 mi |
| F & S CONSTRUCTION, LLC Claremore · 1 employees | $238K | 7.1 mi |
| MOORE'S FLOORS LLC Chelsea · 2 employees | $965K | 7.7 mi |
| HAGGARD EXCAVATION & UTILITY COMPANY Chelsea · 2 employees | $560K | 8.1 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $287K |
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 | $660K |
| Multiple for this size and industry | 2.3× |
| Value range | $347K – $903K |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $189K – $327K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
People & advisors
Advisors
- BankingWelch State Bank of Welch, Okla.PPP / 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 Roles are as stated there and may be out of date.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
| Welch State Bank of Welch, Okla. PPP 2020, PPP 2021 | All 108 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 | $36K | 9 |
| 1/21/2021 | second | $17K | 3 |
About Horton 2 With 2, LLC
Horton 2 With 2, LLC is a fencing, siding & exterior company in Chelsea, Oklahoma. Its estimated annual revenue is about $2.5M, with roughly $287K of EBITDA. It has about 9 employees. Its estimated business value is $660K (likely range $347K–$903K).
Common questions
- Who owns Horton 2 With 2, LLC?
- The owner of Horton 2 With 2, 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 Horton 2 With 2, LLC make?
- SeeBITDA estimates Horton 2 With 2, LLC's annual revenue at about $2.5M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Horton 2 With 2, LLC worth?
- About $660K, roughly 2.3× its estimated EBITDA of $287K, typical for a fencing, siding & exterior company its size. Likely range: $347K–$903K.
- How many employees does Horton 2 With 2, LLC have?
- About 9, as reported on its PPP loan.