Newcastle Contracting LLC
How we got $949K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEWCASTLE CONTRACTING LLC this business | $7.6M | — |
| L&L RETAIL CONSTRUCTION, LLC Norman · 15 employees | $15.3M | 2.2 mi |
| APOLLO BUILDING SYSTEMS, INC. Moore · 9 employees | $8.6M | 2.6 mi |
| JTUCK CONSTRUCTION, LLC Norman · 1 employees | $990K | 2.6 mi |
| HAMMER CONSTRUCTION, INC. Norman · 145 employees | $201.7M | 2.8 mi |
| TCS CONSTRUCTION LLC Norman · 8 employees | $6.9M | 2.8 mi |
| RED SUN CONTRACTORS LLC Norman · 4 employees | $2.0M | 2.9 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.7M |
| Estimate: the two combined (geometric mean) | $7.6M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $412K |
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 | $949K |
| Multiple for this size and industry | 2.3× |
| Value range | $499K – $1.3M |
| Revenue range | $5.0M – $8.7M |
| EBITDA range | $271K – $470K |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingFC Marketplace, LLC (dba Funding Circle)PPP / 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 Roles are as stated there and may be out of date.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
| FC Marketplace, LLC (dba Funding Circle) PPP 2020 | All 30 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/21/2020 | first | $138K | 7 |
About Newcastle Contracting LLC
Newcastle Contracting LLC is a commercial construction company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $7.6M, with roughly $412K of EBITDA. It has about 7 employees. Its estimated business value is $949K (likely range $499K–$1.3M).
Common questions
- Who owns Newcastle Contracting LLC?
- The owner of Newcastle Contracting LLC 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 Newcastle Contracting LLC make?
- SeeBITDA estimates Newcastle Contracting LLC's annual revenue at about $7.6M (likely between $5.0M and $8.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newcastle Contracting LLC worth?
- About $949K, roughly 2.3× its estimated EBITDA of $412K, typical for a commercial construction company its size. Likely range: $499K–$1.3M.
- How many employees does Newcastle Contracting LLC have?
- About 7, as reported on its PPP loan.