Mid-Plains Construction Inc
How we got $2.2M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Mid-Plains Construction, Inc. is a commercial construction firm based in Durant, OK, offering construction management, general contracting, bond budgeting and pre-construction services. It serves commercial, educational, governmental, healthcare and industrial clients.
From the company's website. Industry: Commercial construction.
Customers & suppliers
Customers
- City Of Ada, OK Fire Station · named on its website
- Silo Elementary School · named on its website
- George Washington Elementary School · named on its website
- Lake Murray Nature Center · named on its website
- Fusion Bible Church · named on its website
- City Of Ada Police Department · named on its website
- Rural Enterprises of Oklahoma · named on its website
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MID-PLAINS CONSTRUCTION INC this business | $14.4M | — |
| EMMANUEL BAPTIST CHURCH OF MEAD INC. Mead · 1 employees | $687K | 1.8 mi |
| D&R BUILDERS, INC. Mead · 2 employees | $1.5M | 3.8 mi |
| REDLINE CONSTRUCTION & MANAGEMENT LLC Durant · 3 employees | $2.1M | 6.8 mi |
| THEOREM, LLC Durant · 5 employees | $3.8M | 7.2 mi |
| CREST CONSTRUCTION COMPANY LLC Durant · 4 employees | $2.4M | 7.8 mi |
| SENECA CONSTRUCTION Colbert · 1 employees | $483K | 10.0 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.1M |
| Estimate: the two combined (geometric mean) | $14.4M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $781K |
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 | $2.2M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.2M – $3.0M |
| Revenue range | $9.5M – $16.4M |
| EBITDA range | $514K – $890K |
| 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
People & advisors
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020, PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $191K | 15 |
| 2/1/2021 | second | $202K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mid-Plains Construction Inc
Mid-Plains Construction Inc is a commercial construction company in Mead, Oklahoma, in business since 2013. Its estimated annual revenue is about $14.4M, with roughly $781K of EBITDA. It has about 15 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).
Common questions
- Who owns Mid-Plains Construction Inc?
- The owner of Mid-Plains Construction Inc 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 Mid-Plains Construction Inc make?
- SeeBITDA estimates Mid-Plains Construction Inc's annual revenue at about $14.4M (likely between $9.5M and $16.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid-Plains Construction Inc worth?
- About $2.2M, roughly 2.8× its estimated EBITDA of $781K, typical for a commercial construction company its size. Likely range: $1.2M–$3.0M.
- How many employees does Mid-Plains Construction Inc have?
- About 15, as reported on its PPP loan.
- When was Mid-Plains Construction Inc founded?
- Mid-Plains Construction Inc has been in business since 2013.