Morton Excavating, LLC
How we got $3.6M
Based on its 29 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 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 34% 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 |
|---|---|---|
| MORTON EXCAVATING, LLC this business | $11.3M | — |
| CALIBER WELDING, INC. Coweta · 9 employees | $4.5M | 1.9 mi |
| A&A ASPHALT INC Coweta · 23 employees | $10.2M | 2.3 mi |
| PHILLIP SMITH, L.L.C. Coweta · 4 employees | $1.4M | 2.7 mi |
| IZZY'S FENCE COMPANY, LLC Broken Arrow · 1 employees | $521K | 2.8 mi |
| JOHN M BREWER INC. Broken Arrow · 4 employees | $1.5M | 2.8 mi |
| MORTON CONSTRUCTION & CONSULTING Broken Arrow · 6 employees | $1.7M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.8M |
| Estimate: the two combined (geometric mean) | $11.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.6M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.9M – $4.9M |
| Revenue range | $7.5M – $12.9M |
| EBITDA range | $695K – $1.2M |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
- BankingFNB CowetaPPP / 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 Roles are as stated there and may be out of date.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
| FNB Coweta PPP 2020 | All 118 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $269K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Morton Excavating, LLC
Morton Excavating, LLC is an excavation & site work company in Coweta, Oklahoma, in business since 2003. It is owned by Kimberly Morton (Officer). Its estimated annual revenue is about $11.3M, with roughly $1.1M of EBITDA. It has about 29 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).
Common questions
- Who owns Morton Excavating, LLC?
- Morton Excavating, LLC is owned by Kimberly Morton (Officer), according to public sources such as the company's website or filings.
- How much revenue does Morton Excavating, LLC make?
- SeeBITDA estimates Morton Excavating, LLC's annual revenue at about $11.3M (likely between $7.5M and $12.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Morton Excavating, LLC worth?
- About $3.6M, roughly 3.4× its estimated EBITDA of $1.1M, typical for a excavation & site work company its size. Likely range: $1.9M–$4.9M.
- How many employees does Morton Excavating, LLC have?
- About 29, as reported on its PPP loan.
- When was Morton Excavating, LLC founded?
- Morton Excavating, LLC has been in business since 2003.