Jag Underground LLC
How we got $4.4M
Based on 30 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 34% 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.
What we know
Customers & suppliers
Customers
- Agricultural Research Service · federal contracts $50K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JAG UNDERGROUND LLC this business | $13.7M | — |
| Trophy Pools Newcastle | $2.0M | 0.9 mi |
| ROCK HOLLOW STONE LANDSCAPING, INC Newcastle · 6 employees | $2.0M | 0.9 mi |
| SOONER FLOORING INC. Newcastle · 1 employees | $535K | 1.3 mi |
| K&M DIRT SERVICES, LLC Oklahoma City · 83 employees | $33.5M | 2.3 mi |
| SITE DEVELOPMENT CONSULTANTS, INC Newcastle · 1 employees | $321K | 3.3 mi |
| M & M WRECKING, INC. Blanchard · 21 employees | $7.6M | 4.0 mi |
The full calculation
| Employees reported to the SBA | 30 |
| Industry revenue per employee | $245K |
| Revenue = employees × revenue per employee | $13.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.3M |
| Cross-check: revenue implied by PPP payroll | $2.4M |
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 | $4.4M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.1M – $6.2M |
| Revenue range | $8.1M – $16.2M |
| EBITDA range | $757K – $1.5M |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
History & advisors
Advisors
- BankingKirkpatrick 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 Roles are as stated there and may be out of date.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
| Kirkpatrick Bank PPP 2020, PPP 2021 | All 258 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 | $73K | 30 |
| 1/30/2021 | second | $46K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jag Underground LLC
Jag Underground LLC is an excavation & site work company in Newcastle, Oklahoma, in business since 2018. It is owned by BOBBY JACKSON (President). Its estimated annual revenue is about $13.7M, with roughly $1.3M of EBITDA. It has about 30 employees. Its estimated business value is $4.4M (likely range $2.1M–$6.2M).
Common questions
- Who owns Jag Underground LLC?
- Jag Underground LLC is owned by BOBBY JACKSON (President), according to public sources such as the company's website or filings.
- How much revenue does Jag Underground LLC make?
- SeeBITDA estimates Jag Underground LLC's annual revenue at about $13.7M (likely between $8.1M and $16.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jag Underground LLC worth?
- About $4.4M, roughly 3.4× its estimated EBITDA of $1.3M, typical for a excavation & site work company its size. Likely range: $2.1M–$6.2M.
- How many employees does Jag Underground LLC have?
- About 30, as reported on its PPP loan.
- When was Jag Underground LLC founded?
- Jag Underground LLC has been in business since 2018.