Igo Inc.
How we got $316K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 27% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| IGO INC. this business | $1.4M | — |
| MERKEYS DOZER SERVICE, INC Cordell · 3 employees | $971K | 8.7 mi |
| CHRISTIAN'S WELDING SERVICE INC Dill City · 2 employees | $810K | 9.8 mi |
| ROUGH RIDERS, LLC Foss · 6 employees | $2.2M | 10.1 mi |
| MATERIAL SUPPLY INC Clinton · 1 employees | $366K | 10.6 mi |
| FAWVER EXCAVATION AND DOZER SERVICE, LLC Arapaho · 4 employees | $1.6M | 13.5 mi |
| TD VENTURES, L.L.C. Weatherford · 3 employees | $1.5M | 16.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $167K |
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 | $316K |
| Multiple for this size and industry | 1.9× |
| Value range | $167K – $433K |
| Revenue range | $944K – $1.6M |
| EBITDA range | $110K – $190K |
| 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
People & advisors
Advisors
- BankingOklahoma Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Oklahoma Bank and Trust Company PPP 2021 | All 72 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 | $44K | 3 |
| 4/29/2021 | first | $15K | 1 |
| 4/29/2021 | second | $44K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Igo Inc.
Igo Inc. is an excavation & site work company in Bessie, Oklahoma, in business since 2002. Its estimated annual revenue is about $1.4M, with roughly $167K of EBITDA. It has about 3 employees. Its estimated business value is $316K (likely range $167K–$433K).
Common questions
- Who owns Igo Inc.?
- The owner of Igo 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 Igo Inc. make?
- SeeBITDA estimates Igo Inc.'s annual revenue at about $1.4M (likely between $944K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Igo Inc. worth?
- About $316K, roughly 1.9× its estimated EBITDA of $167K, typical for a excavation & site work company its size. Likely range: $167K–$433K.
- How many employees does Igo Inc. have?
- About 3, as reported on its PPP loan.
- When was Igo Inc. founded?
- Igo Inc. has been in business since 2002.