Merritt Sealing Co.
How we got $5.7M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 20% 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 |
|---|---|---|
| MERRITT SEALING CO. this business | $17.2M | — |
| CONNELLY PAVING COMPANY Oklahoma City · 89 employees | $47.4M | 0.1 mi |
| ATLAS PAVING COMPANY Oklahoma City · 47 employees | $28.4M | 0.4 mi |
| BISHOP CONSTRUCTION, LLC Oklahoma City · 32 employees | $16.1M | 1.7 mi |
| ACTION SAFETY SUPPLY CO LLC Oklahoma City · 155 employees | $90.7M | 2.3 mi |
| AAA STRIPING, SEALING, & PAVING, INC Bethany · 2 employees | $1.9M | 2.7 mi |
| GOODNIGHT WOODWORKS Oklahoma City · 3 employees | $2.8M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.9M |
| Estimate: the two combined (geometric mean) | $17.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.7M |
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 | $5.7M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.0M – $7.8M |
| Revenue range | $11.3M – $19.7M |
| EBITDA range | $1.1M – $1.9M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
- BankingKirkpatrick 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 Roles are as stated there and may be out of date.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
| Kirkpatrick Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $295K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Merritt Sealing Co.
Merritt Sealing Co. is a highway, street, and bridge construction company in Oklahoma City, Oklahoma, in business since 2022. Its estimated annual revenue is about $17.2M, with roughly $1.7M of EBITDA. It has about 36 employees. Its estimated business value is $5.7M (likely range $3.0M–$7.8M).
Common questions
- Who owns Merritt Sealing Co.?
- The owner of Merritt Sealing Co. 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 Merritt Sealing Co. make?
- SeeBITDA estimates Merritt Sealing Co.'s annual revenue at about $17.2M (likely between $11.3M and $19.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merritt Sealing Co. worth?
- About $5.7M, roughly 3.4× its estimated EBITDA of $1.7M, typical for a highway, street, and bridge construction company its size. Likely range: $3.0M–$7.8M.
- How many employees does Merritt Sealing Co. have?
- About 36, as reported on its PPP loan.
- When was Merritt Sealing Co. founded?
- Merritt Sealing Co. has been in business since 2022.