Little B's Construction, Inc.
How we got $33.4M
Based on its 54 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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
▼ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 54 | $19.5M |
| 2020 | Form 5500 | 36 | $13.0M |
| 2021 | Form 5500 | 30 | $10.8M |
| 2022 | Form 5500 | 29 | $10.5M |
| 2023 | Form 5500 | 31 | $11.2M |
| 2024 | Form 5500 | 36 | $13.0M |
| 2025 | Form 5500 | 45 | $16.2M |
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 Some signs of a sale
- In business 33 years (since 1993)
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 |
|---|---|---|
| LITTLE B'S CONSTRUCTION, INC. this business | $28.3M | — |
| DIAMOND K SERVICING Medford · 2 employees | $959K | 4.8 mi |
| MENDENHALL DRILLING, INC. Lamont · 17 employees | $7.3M | 12.1 mi |
| DAN D DRILLING CORP. Lamont · 32 employees | $21.5M | 12.4 mi |
| DOUBLE R OILFIELD SERVICES LLC Lamont · 9 employees | $3.4M | 12.4 mi |
| J-B OILFIELD SERVICES, LLC Lamont · 16 employees | $7.4M | 12.4 mi |
| 3D WELL SERVICE, INC. Lamont · 16 employees | $5.2M | 13.3 mi |
The full calculation
| Employees reported to the SBA | 54 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $24.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $25.6M |
| Estimate: the two combined (geometric mean) | $28.3M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $6.4M |
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 | $33.4M |
| Multiple for this size and industry | 5.2× |
| Value range | $17.6M – $45.7M |
| Revenue range | $18.6M – $32.2M |
| EBITDA range | $4.2M – $7.3M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingThe State Exchange 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
| The State Exchange Bank PPP 2020, PPP 2021 | All 52 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 | $724K | 54 |
| 2/23/2021 | second | $724K | 39 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Little B's Construction, Inc.
Little B's Construction, Inc. is an oil & gas company in Medford, Oklahoma, in business since 1993. It is owned by Kevin Bushnell (President). Its estimated annual revenue is about $28.3M, with roughly $6.4M of EBITDA. It has about 45 employees. Its estimated business value is $33.4M (likely range $17.6M–$45.7M).
Common questions
- Who owns Little B's Construction, Inc.?
- Little B's Construction, Inc. is owned by Kevin Bushnell (President), according to public sources such as the company's website or filings.
- How much revenue does Little B's Construction, Inc. make?
- SeeBITDA estimates Little B's Construction, Inc.'s annual revenue at about $28.3M (likely between $18.6M and $32.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Little B's Construction, Inc. worth?
- About $33.4M, roughly 5.2× its estimated EBITDA of $6.4M, typical for a oil & gas company its size. Likely range: $17.6M–$45.7M.
- How many employees does Little B's Construction, Inc. have?
- About 45, from its 2025 retirement-plan filing.
- When was Little B's Construction, Inc. founded?
- Little B's Construction, Inc. has been in business since 1993.