Longan Construction Company
How we got $5.0M
Based on its 21 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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 4% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LONGAN CONSTRUCTION COMPANY this business | $9.5M | — |
| G&G QUALITY SERVICES LLC Miami · 19 employees | $8.2M | 20.2 mi |
| MIDWAY TRACTOR AND LAWN, LLC Vinita · 2 employees | $1.3M | 22.2 mi |
| TUCKER & SONS LLC Welch · 7 employees | $4.6M | 27.2 mi |
| STONEY POINT MACHINE INC Stilwell · 4 employees | $2.8M | 50.4 mi |
| MW MACHINING AND WELDING, INC Inola · 6 employees | $2.7M | 52.8 mi |
| P & C CATTLE PENS LLC Stilwell · 7 employees | $3.6M | 55.0 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.7M |
| Estimate: the two combined (geometric mean) | $9.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.6M – $6.8M |
| Revenue range | $6.2M – $10.8M |
| EBITDA range | $698K – $1.2M |
| Industry (NAICS) | Construction Machinery Manufacturing (333120) |
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
- BankingGrand Savings 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
| Grand Savings Bank PPP 2020 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $182K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Longan Construction Company
Longan Construction Company is a construction machinery manufacturing company in Grove, Oklahoma, in business since 1999. Its estimated annual revenue is about $9.5M, with roughly $1.1M of EBITDA. It has about 21 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Longan Construction Company?
- The owner of Longan 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 Longan Construction Company make?
- SeeBITDA estimates Longan Construction Company's annual revenue at about $9.5M (likely between $6.2M and $10.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Longan Construction Company worth?
- About $5.0M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a construction machinery manufacturing company its size. Likely range: $2.6M–$6.8M.
- How many employees does Longan Construction Company have?
- About 21, as reported on its PPP loan.
- When was Longan Construction Company founded?
- Longan Construction Company has been in business since 1999.