Shell Construction Company, Inc.
How we got $8.7M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 37 years (since 1989)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 20% 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 |
|---|---|---|
| SHELL CONSTRUCTION COMPANY, INC. this business | $21.6M | — |
| ALLEN CONTRACTING, INC. Oklahoma City · 162 employees | $110.1M | 0.3 mi |
| MUNOZ BRIDGE CONSTRUCTION LLC Oklahoma City · 12 employees | $7.6M | 1.9 mi |
| GOODNIGHT WOODWORKS Oklahoma City · 3 employees | $2.8M | 2.9 mi |
| NASH CONSTRUCTION COMPANY Oklahoma City · 58 employees | $29.0M | 3.0 mi |
| ATLAS PAVING COMPANY Oklahoma City · 47 employees | $28.5M | 3.3 mi |
| MERRITT SEALING CO. Oklahoma City · 36 employees | $17.2M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.2M |
| Estimate: the two combined (geometric mean) | $21.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $2.1M |
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 | $8.7M |
| Multiple for this size and industry | 4.1× |
| Value range | $4.6M – $11.8M |
| Revenue range | $14.2M – $24.6M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
- BankingProsperity 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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $474K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shell Construction Company, Inc.
Shell Construction Company, Inc. is a highway, street, and bridge construction company in Oklahoma City, Oklahoma, in business since 1989. Its estimated annual revenue is about $21.6M, with roughly $2.1M of EBITDA. It has about 35 employees. Its estimated business value is $8.7M (likely range $4.6M–$11.8M).
Common questions
- Who owns Shell Construction Company, Inc.?
- The owner of Shell Construction Company, 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 Shell Construction Company, Inc. make?
- SeeBITDA estimates Shell Construction Company, Inc.'s annual revenue at about $21.6M (likely between $14.2M and $24.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shell Construction Company, Inc. worth?
- About $8.7M, roughly 4.1× its estimated EBITDA of $2.1M, typical for a highway, street, and bridge construction company its size. Likely range: $4.6M–$11.8M.
- How many employees does Shell Construction Company, Inc. have?
- About 35, as reported on its PPP loan.
- When was Shell Construction Company, Inc. founded?
- Shell Construction Company, Inc. has been in business since 1989.