Practical Solutions Inc
How we got $1.1M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| PRACTICAL SOLUTIONS INC this business | $4.4M | — |
| HAWKEYE CUSTOM CONCRETE, LLC Sand Springs · 5 employees | $1.8M | 1.5 mi |
| MUNICIPAL TECHNOLOGIES, LLC Sand Springs · 4 employees | $1.5M | 1.5 mi |
| ARK WRECKING CO OF OKLAHOMA INC. Tulsa · 44 employees | $20.1M | 2.5 mi |
| T & J EXCAVATING LLC Sand Springs · 3 employees | $912K | 3.0 mi |
| NEWAVE TECHNOLOGY OF TULSA, LLC Tulsa · 1 employees | $714K | 3.2 mi |
| PATTERSON TRUCKING & EXCAVATING, INC. Tulsa · 6 employees | $2.0M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $463K |
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 | $1.1M |
| Multiple for this size and industry | 2.3× |
| Value range | $560K – $1.5M |
| Revenue range | $2.9M – $5.0M |
| EBITDA range | $304K – $528K |
| 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
- BankingCommerce 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 Roles are as stated there and may be out of date.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
| Commerce Bank PPP 2020, PPP 2021 | All 113 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $126K | 11 |
| 2/11/2021 | second | $40K | 2 |
About Practical Solutions Inc
Practical Solutions Inc is an excavation & site work company in Sand Springs, Oklahoma. Its estimated annual revenue is about $4.4M, with roughly $463K of EBITDA. It has about 11 employees. Its estimated business value is $1.1M (likely range $560K–$1.5M).
Common questions
- Who owns Practical Solutions Inc?
- The owner of Practical Solutions 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 Practical Solutions Inc make?
- SeeBITDA estimates Practical Solutions Inc's annual revenue at about $4.4M (likely between $2.9M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Practical Solutions Inc worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $463K, typical for a excavation & site work company its size. Likely range: $560K–$1.5M.
- How many employees does Practical Solutions Inc have?
- About 11, as reported on its PPP loan.