Smitty's Backhoe Service LLC
How we got $220K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 27% since 2021Today'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 |
|---|---|---|
| SMITTY'S BACKHOE SERVICE LLC this business | $901K | — |
| RANCHERS PIPE & STEEL CORPORATION Tulsa · 15 employees | $4.8M | 0.8 mi |
| MOONLIGHT COMPANIES INC Tulsa · 1 employees | $317K | 0.9 mi |
| 2 RIVERS CONSTRUCTION LLC Tulsa · 1 employees | $263K | 1.1 mi |
| COLOSSAL PLUMBING Tulsa · 3 employees | $1.6M | 1.5 mi |
| DOLPHIN POOL & SUPPLY INC Tulsa · 18 employees | $6.8M | 1.5 mi |
| ALL-STAR DISASTER RESTORATION, INC. Tulsa · 8 employees | $3.6M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $680K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $920K |
| Estimate: the two combined (geometric mean) | $901K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $116K |
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 | $220K |
| Multiple for this size and industry | 1.9× |
| Value range | $116K – $301K |
| Revenue range | $593K – $1.0M |
| EBITDA range | $76K – $132K |
| 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
History & advisors
Advisors
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2021 | first | $26K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smitty's Backhoe Service LLC
Smitty's Backhoe Service LLC is an excavation & site work company in Tulsa, Oklahoma, in business since 2013. Its estimated annual revenue is about $901K, with roughly $116K of EBITDA. It has about 2 employees. Its estimated business value is $220K (likely range $116K–$301K).
Common questions
- Who owns Smitty's Backhoe Service LLC?
- The owner of Smitty's Backhoe Service 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 Smitty's Backhoe Service LLC make?
- SeeBITDA estimates Smitty's Backhoe Service LLC's annual revenue at about $901K (likely between $593K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smitty's Backhoe Service LLC worth?
- About $220K, roughly 1.9× its estimated EBITDA of $116K, typical for a excavation & site work company its size. Likely range: $116K–$301K.
- How many employees does Smitty's Backhoe Service LLC have?
- About 2, as reported on its PPP loan.
- When was Smitty's Backhoe Service LLC founded?
- Smitty's Backhoe Service LLC has been in business since 2013.