Jerry's Excavation Inc.
How we got $4.1M
Based on its 22 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 34% 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.
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.
Customers & suppliers
Customers
- Indian Health Service · federal contracts $395K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JERRY'S EXCAVATION INC. this business | $11.4M | — |
| CHAFFIN TOWER SERVICES, INC. Tahlequah · 32 employees | $10.9M | 8.8 mi |
| CHAFFIN TOWERS SERVICES INC Tahlequah · 27 employees | $10.0M | 8.8 mi |
| JAYBELLE CONSTRUCTION LLC Rose · 5 employees | $2.3M | 12.2 mi |
| TWO EIGHT DRILLING INC. Tahlequah · 29 employees | $16.8M | 13.1 mi |
| VENTURE DRILLING SUPPLY LLC Tahlequah · 16 employees | $10.7M | 13.1 mi |
| VENTURE SUPPLY SERVICES LLC Tahlequah · 3 employees | $2.1M | 13.1 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.1M |
| Estimate: the two combined (geometric mean) | $11.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.2M – $5.6M |
| Revenue range | $7.5M – $13.0M |
| EBITDA range | $791K – $1.4M |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingFirst 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
| First Bank PPP 2021 | All 220 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 | second | $200K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jerry's Excavation Inc.
Jerry's Excavation Inc. is a water and sewer line and related structures construction company in Hulbert, Oklahoma, in business since 1999. Its estimated annual revenue is about $11.4M, with roughly $1.2M of EBITDA. It has about 22 employees. Its estimated business value is $4.1M (likely range $2.2M–$5.6M).
Common questions
- Who owns Jerry's Excavation Inc.?
- The owner of Jerry's Excavation 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 Jerry's Excavation Inc. make?
- SeeBITDA estimates Jerry's Excavation Inc.'s annual revenue at about $11.4M (likely between $7.5M and $13.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jerry's Excavation Inc. worth?
- About $4.1M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a water and sewer line and related structures construction company its size. Likely range: $2.2M–$5.6M.
- How many employees does Jerry's Excavation Inc. have?
- About 22, as reported on its PPP loan.
- When was Jerry's Excavation Inc. founded?
- Jerry's Excavation Inc. has been in business since 1999.