How we got $4.2M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 28% 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.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LOPP CONSTRUCTION this business | $24.7M | — |
| ATG CONSTRUCTION, INC. Coyle · 13 employees | $11.6M | 4.4 mi |
| 35M ENTERPRISES LLC Perkins · 4 employees | $2.8M | 8.6 mi |
| CSTAR CONSTRUCTION SERVICES L.L.C. Stillwater · 1 employees | $1.2M | 11.1 mi |
| SPORTS UNLIMITED INC.& FITNESS Stillwater · 3 employees | $2.9M | 12.0 mi |
| LAMBERT CONSTRUCTION COMPANY Stillwater · 26 employees | $30.9M | 12.7 mi |
| BROOKEHOLLOW OF STILLWATER INC Stillwater · 11 employees | $8.2M | 12.9 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $20.8M |
| Estimate: the two combined (geometric mean) | $24.7M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.2M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.2M – $5.8M |
| Revenue range | $16.3M – $28.2M |
| EBITDA range | $822K – $1.4M |
| 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
History & advisors
Advisors
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $248K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lopp Construction
Lopp Construction is a commercial construction company in Coyle, Oklahoma, in business since 2011. Its estimated annual revenue is about $24.7M, with roughly $1.2M of EBITDA. It has about 23 employees. Its estimated business value is $4.2M (likely range $2.2M–$5.8M).
Common questions
- Who owns Lopp Construction?
- The owner of Lopp Construction 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 Lopp Construction make?
- SeeBITDA estimates Lopp Construction's annual revenue at about $24.7M (likely between $16.3M and $28.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lopp Construction worth?
- About $4.2M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a commercial construction company its size. Likely range: $2.2M–$5.8M.
- How many employees does Lopp Construction have?
- About 23, as reported on its PPP loan.
- When was Lopp Construction founded?
- Lopp Construction has been in business since 2011.