How we got $431K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 0% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MORGAN BROS INC. this business | $1.8M | — |
| Capital Roofing LLC Claremore | $2.2M | 2.2 mi |
| J & T SERVICE COMPANY LLC Claremore · 9 employees | $2.7M | 2.4 mi |
| Capital Roofing LLC Claremore | $2.2M | 2.9 mi |
| J & L PETREE, LLC Claremore · 2 employees | $657K | 2.9 mi |
| MASTER DESIGN CONCRETE LLC Claremore · 2 employees | $1.4M | 2.9 mi |
| TULSA PIER DRILLING LLC Claremore · 18 employees | $7.6M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $227K |
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 | $431K |
| Multiple for this size and industry | 1.9× |
| Value range | $227K – $590K |
| Revenue range | $1.2M – $2.0M |
| EBITDA range | $149K – $259K |
| Industry (NAICS) | Poured Concrete Foundation and Structure Contractors (238110) |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 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 | $39K | 5 |
About Morgan Bros Inc.
Morgan Bros Inc. is a concrete & foundations company in Claremore, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $227K of EBITDA. It has about 5 employees. Its estimated business value is $431K (likely range $227K–$590K).
Common questions
- Who owns Morgan Bros Inc.?
- The owner of Morgan Bros 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 Morgan Bros Inc. make?
- SeeBITDA estimates Morgan Bros Inc.'s annual revenue at about $1.8M (likely between $1.2M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Morgan Bros Inc. worth?
- About $431K, roughly 1.9× its estimated EBITDA of $227K, typical for a concrete & foundations company its size. Likely range: $227K–$590K.
- How many employees does Morgan Bros Inc. have?
- About 5, as reported on its PPP loan.