Laster Bros LLC
How we got $416K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 23% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LASTER BROS LLC this business | $3.2M | — |
| GTG CONSTRUCTION, LLC Seminole · 6 employees | $2.9M | 21.3 mi |
| TRUE STEEL LLC Ada · 33 employees | $50.9M | 24.5 mi |
| DANNY ENGEL CONSTRUCTION LLC Ada · 11 employees | $7.5M | 26.1 mi |
| C3 CONSTRUCTION INC. Ada · 31 employees | $31.9M | 26.3 mi |
| MIDWEST COMMERCIAL, LLC Earlsboro · 13 employees | $8.7M | 28.0 mi |
| MACHILL CONSTRUCTION COMPANY, INC. Ada · 34 employees | $38.7M | 28.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $219K |
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 | $416K |
| Multiple for this size and industry | 1.9× |
| Value range | $219K – $570K |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $144K – $250K |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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 United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/2/2021 | first | $38K | 4 |
About Laster Bros LLC
Laster Bros LLC is a commercial construction company in Holdenville, Oklahoma. Its estimated annual revenue is about $3.2M, with roughly $219K of EBITDA. It has about 4 employees. Its estimated business value is $416K (likely range $219K–$570K).
Common questions
- Who owns Laster Bros LLC?
- The owner of Laster Bros 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 Laster Bros LLC make?
- SeeBITDA estimates Laster Bros LLC's annual revenue at about $3.2M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Laster Bros LLC worth?
- About $416K, roughly 1.9× its estimated EBITDA of $219K, typical for a commercial construction company its size. Likely range: $219K–$570K.
- How many employees does Laster Bros LLC have?
- About 4, as reported on its PPP loan.