Jlt Contracting, LLC
How we got $2.1M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 20% 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.
Employees over time
▼ 71% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 17 | $5.7M |
| 2020 | Form 5500 | 7 | $2.3M |
| 2021 | Form 5500 | 4 | $1.3M |
| 2022 | Form 5500 | 6 | $2.0M |
| 2023 | Form 5500 | 4 | $1.3M |
| 2024 | Form 5500 | 3 | $1.0M |
| 2025 | Form 5500 | 5 | $1.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JLT CONTRACTING, LLC this business | $6.3M | — |
| RRY SERVICES, LLC Stillwater · 38 employees | $21.5M | 16.4 mi |
| KINDER DOZER INC Carney · 16 employees | $8.2M | 18.2 mi |
| BRIDGECO CONTRACTORS Wellston · 46 employees | $26.9M | 24.8 mi |
| VEGA CONCRETE LLC Wellston · 2 employees | $1.9M | 26.2 mi |
| GARY A. CRAIN, INC. Prague · 18 employees | $9.9M | 32.7 mi |
| DUNHAM'S ASPHALT SERVICES, INC. Sapulpa · 37 employees | $24.5M | 37.6 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $6.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $756K |
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 | $2.1M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.1M – $2.9M |
| Revenue range | $4.2M – $7.2M |
| EBITDA range | $497K – $862K |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
- 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 | 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 |
|---|---|---|---|
| 4/10/2020 | first | $86K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jlt Contracting, LLC
Jlt Contracting, LLC is a highway, street, and bridge construction company in Cushing, Oklahoma, in business since 2005. Its estimated annual revenue is about $6.3M, with roughly $756K of EBITDA. It has about 5 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Jlt Contracting, LLC?
- The owner of Jlt Contracting, 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 Jlt Contracting, LLC make?
- SeeBITDA estimates Jlt Contracting, LLC's annual revenue at about $6.3M (likely between $4.2M and $7.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jlt Contracting, LLC worth?
- About $2.1M, roughly 2.8× its estimated EBITDA of $756K, typical for a highway, street, and bridge construction company its size. Likely range: $1.1M–$2.9M.
- How many employees does Jlt Contracting, LLC have?
- About 5, from its 2025 retirement-plan filing.
- When was Jlt Contracting, LLC founded?
- Jlt Contracting, LLC has been in business since 2005.