Shelton & Shelton Masonry LLC
How we got $1.9M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 2% 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
▼ 29% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 21 | $3.3M |
| 2020 | Form 5500 | 17 | $2.7M |
| 2021 | Form 5500 | 15 | $2.4M |
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 |
|---|---|---|
| SHELTON & SHELTON MASONRY LLC this business | $6.5M | — |
| OKLAHOMA STRUCTURAL Tulsa · 14 employees | $5.1M | 0.5 mi |
| The Rembrandt Group Tulsa | $2.2M | 0.9 mi |
| ATWELL ROOFING CO INC Tulsa · 12 employees | $7.8M | 0.9 mi |
| Hocker Construction Tulsa | $2.2M | 1.5 mi |
| MK ROOFING & CONSTRUCTION LLC Tulsa · 2 employees | $1.4M | 2.0 mi |
| PRECISION ROBOTICS LLC Tulsa · 4 employees | $1.6M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $6.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $683K |
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 | $1.9M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $4.2M – $7.4M |
| EBITDA range | $449K – $779K |
| Industry (NAICS) | Masonry Contractors (238140) |
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
Leadership
- MSMike SheltonSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingMapleMark 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
| MapleMark Bank PPP 2020 | All 20 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $245K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shelton & Shelton Masonry LLC
Shelton & Shelton Masonry LLC is a masonry contractors company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.5M, with roughly $683K of EBITDA. It has about 15 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Shelton & Shelton Masonry LLC?
- The owner of Shelton & Shelton Masonry 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 Shelton & Shelton Masonry LLC make?
- SeeBITDA estimates Shelton & Shelton Masonry LLC's annual revenue at about $6.5M (likely between $4.2M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shelton & Shelton Masonry LLC worth?
- About $1.9M, roughly 2.8× its estimated EBITDA of $683K, typical for a masonry contractors company its size. Likely range: $1.0M–$2.6M.
- How many employees does Shelton & Shelton Masonry LLC have?
- About 15, from its 2021 retirement-plan filing.