Miller Excavation, Inc.
How we got $6.1M
Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Miller Excavation Inc. is a horizontal directional drilling (HDD) contractor based in Union City, OK, offering drilling services for pipeline and utility installation.
From the company's website. Industry: Fencing, siding & exterior.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 26 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 27 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 27 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 25 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 28 mi · $708.4M
Estimated value over time
▲ 23% 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 |
|---|---|---|
| MILLER EXCAVATION, INC. this business | $20.7M | — |
| SQUARE EDGE CONSTRUCTION, LLC Minco · 2 employees | $626K | 4.1 mi |
| HORN MATERIAL HANDLING SYSTEMS INTERNATIONAL, INC. Mustang · 25 employees | $7.6M | 7.9 mi |
| WES HIGGINS INC El Reno · 1 employees | $273K | 8.3 mi |
| COMPWELL TECHNOLOGY USA COMPANY LIMITED El Reno · 3 employees | $1.2M | 8.5 mi |
| CSB ENTERPRISES INC. El Reno · 1 employees | $249K | 8.8 mi |
| JAIME El Reno · 5 employees | $1.4M | 8.9 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.8M |
| Estimate: the two combined (geometric mean) | $20.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.2M – $8.3M |
| Revenue range | $13.6M – $23.6M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
- BankingBancFirst, The First National Bank and Trust Co, Chickasha, OklahomaPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2021 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $631K | 38 |
| 3/27/2021 | second | $672K | 37 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Miller Excavation, Inc.
Miller Excavation, Inc. is a fencing, siding & exterior company in Union City, Oklahoma, in business since 2010. Its estimated annual revenue is about $20.7M, with roughly $1.8M of EBITDA. It has about 38 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.3M).
Common questions
- Who owns Miller Excavation, Inc.?
- The owner of Miller Excavation, 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 Miller Excavation, Inc. make?
- SeeBITDA estimates Miller Excavation, Inc.'s annual revenue at about $20.7M (likely between $13.6M and $23.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Miller Excavation, Inc. worth?
- About $6.1M, roughly 3.4× its estimated EBITDA of $1.8M, typical for a fencing, siding & exterior company its size. Likely range: $3.2M–$8.3M.
- How many employees does Miller Excavation, Inc. have?
- About 38, as reported on its PPP loan.
- When was Miller Excavation, Inc. founded?
- Miller Excavation, Inc. has been in business since 2010.