Okie Excavators
How we got $1.6M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 43% 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.
Employees over time
▲ 506% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 17 | $5.1M |
| 2023 | Form 5500 | 96 | $28.7M |
| 2024 | Form 5500 | 102 | $30.5M |
| 2025 | Form 5500 | 103 | $30.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| OKIE EXCAVATORS this business | $4.8M | — |
| DIAMOND OIL FIELD SERVICES INC El Reno · 58 employees | $31.1M | 4.6 mi |
| JOHNSONS RAINMAKER IRRIGATION, INC El Reno · 3 employees | $1.7M | 5.0 mi |
| GEORGE WELLS & COMPANY El Reno · 9 employees | $3.8M | 6.4 mi |
| Weatherford International Yukon | $5.8M | 9.6 mi |
| ABLE ENVIRONMENTAL DRILLING, LLC Yukon · 17 employees | $6.8M | 10.2 mi |
| ALLABOUT OILFIELD SERVICE INC Yukon · 10 employees | $2.6M | 10.3 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $575K |
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 | $1.6M |
| Multiple for this size and industry | 2.8× |
| Value range | $847K – $2.2M |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $378K – $656K |
| Industry (NAICS) | Power and Communication Line and Related Structures Construction (237130) |
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
- BankingBancFirstPPP / 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 → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $93K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Okie Excavators
Okie Excavators is a power and communication line and related structures construction company in El Reno, Oklahoma, in business since 2012. Its estimated annual revenue is about $4.8M, with roughly $575K of EBITDA. It has about 103 employees. Its estimated business value is $1.6M (likely range $847K–$2.2M).
Common questions
- Who owns Okie Excavators?
- The owner of Okie Excavators 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 Okie Excavators make?
- SeeBITDA estimates Okie Excavators's annual revenue at about $4.8M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Okie Excavators worth?
- About $1.6M, roughly 2.8× its estimated EBITDA of $575K, typical for a power and communication line and related structures construction company its size. Likely range: $847K–$2.2M.
- How many employees does Okie Excavators have?
- About 103, from its 2025 retirement-plan filing.
- When was Okie Excavators founded?
- Okie Excavators has been in business since 2012.