SeeBITDAOklahoma

Innovative Excavating LLC

  • 2401 Tee Cir Ste 207, Norman, OK
Estimated valueMedium confidence
$432K
$227Klikely range$591K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$227K
12% of revenue
Employees
5
reported in 2021
Owner not found yet
We haven't found the owner in public records

How we got $432K

Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.

5 employees × $301K each$1.5M
PPP payroll ÷ payroll's usual share of revenue$2.0M
Shown toward the top of its range×1.14
Revenue$2.0M
× 12% profit margin$227K
× 1.9 sale multiple = value$432K

· Own this business? Correct these figures

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 27% since 2021
$0$248K$497K20212026

Today'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

BusinessEst. revenueEst. profitDistance
INNOVATIVE EXCAVATING LLC
this business
$2.0M$227K—
DIXON LAND SERVICES LLC
Norman · 1 employees
$649K$98K1.0 mi
OKLAHOMA UNDERGROUND INC
Norman · 3 employees
$1.0M$130K1.1 mi
SIGNATURE CUSTOM POOLS, INC.
Norman · 2 employees
$923K$118K1.2 mi
PATRIOT AIR CO. LLC
Norman · 2 employees
$1.0M$134K1.5 mi
LEGACY4, INC.
Norman · 1 employees
$722K$109K1.6 mi
EMERGENCY RESTORATION LLC
Norman · 4 employees
$1.5M$176K1.7 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$1.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.0M
Estimate: the two combined (geometric mean)$2.0M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$227K

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$432K
Multiple for this size and industry1.9×
Value range$227K – $591K
Revenue range$1.3M – $2.2M
EBITDA range$150K – $259K
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

  • BankingWatermark 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

Watermark Bank
PPP 2021
All 109 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/26/2021first$59K$59K5Watermark Bank
4/27/2021second$59K$59K5Watermark Bank

About Innovative Excavating LLC

Innovative Excavating LLC is an excavation & site work company in Norman, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $227K of EBITDA. It has about 5 employees. Its estimated business value is $432K (likely range $227K–$591K).

Common questions

Who owns Innovative Excavating LLC?
The owner of Innovative Excavating 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 Innovative Excavating LLC make?
SeeBITDA estimates Innovative Excavating LLC's annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Innovative Excavating LLC worth?
About $432K, roughly 1.9× its estimated EBITDA of $227K, typical for a excavation & site work company its size. Likely range: $227K–$591K.
How many employees does Innovative Excavating LLC have?
About 5, as reported on its PPP loan.