Krapff-Reynolds Construction Company
How we got $12.4M
Based on its 59 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 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 41% 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
▼ 8% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 59 | $20.9M |
| 2021 | Form 5500 | 47 | $16.6M |
| 2022 | Form 5500 | 43 | $15.2M |
| 2023 | Form 5500 | 15 | $5.3M |
| 2024 | Form 5500 | 54 | $19.1M |
| 2025 | Form 5500 | 54 | $19.1M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KRAPFF-REYNOLDS CONSTRUCTION COMPANY this business | $30.9M | — |
| MATTHEWS TRENCHING CO., INC Oklahoma City · 65 employees | $37.9M | 1.0 mi |
| Weatherford Us Lp Oklahoma City | $11.5M | 1.5 mi |
| OKLAND OIL COMPANY Oklahoma City · 16 employees | $7.6M | 2.7 mi |
| OPECO, INC. Oklahoma City · 39 employees | $17.1M | 3.1 mi |
| R & K CONSTRUCTION Oklahoma City · 6 employees | $2.8M | 3.3 mi |
| SK SHEMOR & ASSOCOATES, LLC Oklahoma City · 20 employees | $6.5M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 59 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.8M |
| Estimate: the two combined (geometric mean) | $30.9M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.0M |
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 | $12.4M |
| Multiple for this size and industry | 4.1× |
| Value range | $6.5M – $16.9M |
| Revenue range | $20.3M – $35.2M |
| EBITDA range | $2.0M – $3.4M |
| 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
People & advisors
Advisors
- BankingFirst Fidelity 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 Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $545K | 59 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Krapff-Reynolds Construction Company
Krapff-Reynolds Construction Company is a water and sewer line and related structures construction company in Oklahoma City, Oklahoma, in business since 1998. Its estimated annual revenue is about $30.9M, with roughly $3.0M of EBITDA. It has about 54 employees. Its estimated business value is $12.4M (likely range $6.5M–$16.9M).
Common questions
- Who owns Krapff-Reynolds Construction Company?
- The owner of Krapff-Reynolds Construction Company 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 Krapff-Reynolds Construction Company make?
- SeeBITDA estimates Krapff-Reynolds Construction Company's annual revenue at about $30.9M (likely between $20.3M and $35.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Krapff-Reynolds Construction Company worth?
- About $12.4M, roughly 4.1× its estimated EBITDA of $3.0M, typical for a water and sewer line and related structures construction company its size. Likely range: $6.5M–$16.9M.
- How many employees does Krapff-Reynolds Construction Company have?
- About 54, from its 2025 retirement-plan filing.
- When was Krapff-Reynolds Construction Company founded?
- Krapff-Reynolds Construction Company has been in business since 1998.