SeeBITDAOklahoma

Lobdock, Inc.

Engineering & architecture
  • 2000 N DREXEL BLVD, Oklahoma City, OK
  • Since 2011
Estimated valueMedium confidence
$1.2M
$646Klikely range$1.7M
About 3.5× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$351K
18% of revenue
Employees
11
reported in 2020
Cavin Wrecker Service-
Owner · source
Unlikely to sell soon
lobdock.comLinkedIn
Contact
Find Cavin Wrecker Service- on RocketReach Request removal or correction

How we got $1.2M

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $204K each$2.2M
PPP payroll ÷ payroll's usual share of revenue$1.3M
Shown toward the top of its range×1.14
Revenue$2.0M
× 18% profit margin$351K
× 3.5 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2020
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 15 years (since 2011)

From public records and the company's website, not a statement that it's for sale.

What they do

Lobdock Impairment Detection is a third-party administrator (TPA) that manages drug and alcohol testing, background screening and related training for employers and organizations that prioritize workplace safety.

Products & services
Drug and alcohol testingBackground Check TestingHair 5-PanelHair 13-PanelLab based 5 or 10-panel urineDOT Urine Drug TestOral Fluid 5 or 10-PanelAlcohol TestInstant TestsReasonable Suspicion Supervisor TrainingDesignated Employer Representative (DER) TrainingDrug and Alcohol Awareness for Employees and Supervisors
Markets served
Oil & GasTruckingManufacturingSchool DistrictsEnergyGovernment AgenciesPublic TransportationLimousines
Service area
Oklahoma City, OKMustang, OKUnited States
Certifications
SAMHSA-certified laboratoryDOT-Certified Training and Certifications

From the company's website. Industry: Engineering & architecture.

Customers & suppliers

Customers

  • Sabre Industries · named on its website
  • Crooked Oak Public Schools · named on its website
  • Cavin Wrecker Service · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas
Trucking & freight
Manufacturing
Schools & training

Estimated value over time

▲ 36% since 2020
$0$706K$1.4M20202026

Today'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

010202020115
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan11$1.6M$291K
2020Form 55005$737K$132K

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

BusinessEst. revenueEst. profitDistance
LOBDOCK, INC.
this business
$2.0M$351K—
The Computer Doctor
Oklahoma City
$2.0M$393K0.3 mi
FOUR S HOME INSPECTIONS GROUP LLC
Oklahoma City · 1 employees
$146K$34K0.5 mi
Locksmith Services
Oklahoma City
$2.0M$393K0.8 mi
Direct Sales Professionals
Oklahoma City
$2.0M$393K0.8 mi
Data Control Technology
Oklahoma City
$2.0M$393K0.8 mi
Collins Copier Service
Oklahoma City
$2.0M$393K0.8 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$2.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.3M
Estimate: the two combined (geometric mean)$2.0M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$351K

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$1.2M
Multiple for this size and industry3.5×
Value range$646K – $1.7M
Revenue range$1.3M – $2.2M
EBITDA range$231K – $400K
Industry (NAICS)Testing Laboratories and Services (541380)

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

Founded 2011 by Susan Lobsinger
“Since 2011, Lobdock Impairment Detection has been helping companies - from large energy services corporations to local labor unions and mom-and-pop trucking outfits - make intelligent decisions about their drug and alcohol testing programs.”

Leadership

  • SL
    Susan Lobsinger
    President and Founder · Company website · source
  • SL
    Steve Lobsinger
    CFO / CTO · Company website · source
  • SE
    Sarahí (‘Sara- ee’) Wilson
    Financial Controller · Company website · source
  • KM
    Keegan Miller
    Operations Manager · Company website · source
  • SC
    Sherry Coskey
    Accounting Assistant · Company website · source
  • HM
    Hunter Montgomery
    Account Manager · Company website · source
  • DM
    Deborah Mash
    After Hours Collector · Company website · source
  • LC
    La'Teze Clayton
    Account Manager · Company website · source
  • TS
    Tisha Shore
    After Hours Collector · Company website · source

Advisors

  • BankingThe Citizens Bank of EdmondPPP / 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 Citizens Bank of Edmond
PPP 2020, PPP 2021
All 502 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$61K$61K11The Citizens Bank of Edmond
1/21/2021second$109K$109K11The Citizens Bank of Edmond

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Lobdock, Inc.

Lobdock, Inc. is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 2011. It is owned by Cavin Wrecker Service-. Its estimated annual revenue is about $2.0M, with roughly $351K of EBITDA. It has about 5 employees. Its estimated business value is $1.2M (likely range $646K–$1.7M).

Common questions

Who owns Lobdock, Inc.?
Lobdock, Inc. is owned by Cavin Wrecker Service-, according to public sources such as the company's website or filings.
How much revenue does Lobdock, Inc. make?
SeeBITDA estimates Lobdock, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Lobdock, Inc. worth?
About $1.2M, roughly 3.5× its estimated EBITDA of $351K, typical for a engineering & architecture company its size. Likely range: $646K–$1.7M.
How many employees does Lobdock, Inc. have?
About 5, from its 2020 retirement-plan filing.
When was Lobdock, Inc. founded?
Lobdock, Inc. has been in business since 2011.