Howard Construction Inc.
How we got $955K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Estimated value over time
▲ 43% 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 |
|---|---|---|
| HOWARD CONSTRUCTION INC. this business | $3.2M | — |
| Kingery Drilling Co Inc. Ardmore | $5.8M | 1.5 mi |
| Tripledee Drilling Co Ardmore | $5.8M | 1.5 mi |
| ANOTHER PIPELINE COMPANY INC Ardmore · 9 employees | $3.8M | 1.7 mi |
| BIGFOOT LAND SERVICES, INC Ardmore · 6 employees | $2.3M | 1.7 mi |
| UNO, INC Ardmore · 2 employees | $1.3M | 1.8 mi |
| STEVE BEAN CONSTRUCTION INC. Ardmore · 6 employees | $3.0M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $415K |
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 | $955K |
| Multiple for this size and industry | 2.3× |
| Value range | $502K – $1.3M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $273K – $473K |
| Industry (NAICS) | Power and Communication Line and Related Structures Construction (237130) |
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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $62K | 8 |
| 1/25/2021 | second | $70K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Howard Construction Inc.
Howard Construction Inc. is a power and communication line and related structures construction company in Ardmore, Oklahoma, in business since 1999. Its estimated annual revenue is about $3.2M, with roughly $415K of EBITDA. It has about 11 employees. Its estimated business value is $955K (likely range $502K–$1.3M).
Common questions
- Who owns Howard Construction Inc.?
- The owner of Howard Construction Inc. 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 Howard Construction Inc. make?
- SeeBITDA estimates Howard Construction Inc.'s annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Howard Construction Inc. worth?
- About $955K, roughly 2.3× its estimated EBITDA of $415K, typical for a power and communication line and related structures construction company its size. Likely range: $502K–$1.3M.
- How many employees does Howard Construction Inc. have?
- About 11, as reported on its PPP loan.
- When was Howard Construction Inc. founded?
- Howard Construction Inc. has been in business since 1999.