J. D. Lewis Construction Co.
How we got $26.5M
Based on its 58 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 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| J. D. LEWIS CONSTRUCTION CO. this business | $22.4M | — |
| LAMBERT COMPANY, LLC Healdton · 2 employees | $1.1M | 1.1 mi |
| SUTHERLAND WELL SERVICE, INC. Healdton · 19 employees | $9.0M | 1.2 mi |
| TEXOMA PUMPING UNIT Healdton · 24 employees | $11.6M | 1.3 mi |
| DAVIS, LLC Healdton · 2 employees | $822K | 1.4 mi |
| MITCHELL TANK TRUCK SERVICE, INC. Healdton · 4 employees | $1.8M | 1.8 mi |
| DAVIS DIRECTIONAL DRILLING LLC Healdton · 6 employees | $3.1M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 58 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $25.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.0M |
| Estimate: the two combined (geometric mean) | $22.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.1M |
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 | $26.5M |
| Multiple for this size and industry | 5.2× |
| Value range | $14.0M – $36.3M |
| Revenue range | $14.8M – $25.6M |
| EBITDA range | $3.4M – $5.8M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $425K | 58 |
| 1/29/2021 | second | $425K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About J. D. Lewis Construction Co.
J. D. Lewis Construction Co. is an oil & gas company in Healdton, Oklahoma, in business since 1992. It is owned by WILLIAM H LEWIS. Its estimated annual revenue is about $22.4M, with roughly $5.1M of EBITDA. It has about 58 employees. Its estimated business value is $26.5M (likely range $14.0M–$36.3M).
Common questions
- Who owns J. D. Lewis Construction Co.?
- J. D. Lewis Construction Co. is owned by WILLIAM H LEWIS, according to public sources such as the company's website or filings.
- How much revenue does J. D. Lewis Construction Co. make?
- SeeBITDA estimates J. D. Lewis Construction Co.'s annual revenue at about $22.4M (likely between $14.8M and $25.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J. D. Lewis Construction Co. worth?
- About $26.5M, roughly 5.2× its estimated EBITDA of $5.1M, typical for a oil & gas company its size. Likely range: $14.0M–$36.3M.
- How many employees does J. D. Lewis Construction Co. have?
- About 58, as reported on its PPP loan.
- When was J. D. Lewis Construction Co. founded?
- J. D. Lewis Construction Co. has been in business since 1992.