Spain's Construction Inc
How we got $821K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 32% 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 |
|---|---|---|
| SPAIN'S CONSTRUCTION INC this business | $3.1M | — |
| AXTELL ROOFING LLC Weatherford · 8 employees | $2.6M | 0.4 mi |
| A+ ROOFING AND CONSTRUCTION, LLC Weatherford · 3 employees | $1.5M | 1.3 mi |
| LITTLE JOHN'S WELDING, INC. Weatherford · 1 employees | $595K | 2.7 mi |
| PREMIER GLASS & MIRROR INC. Weatherford · 2 employees | $500K | 3.4 mi |
| RED ROCK CONSTRUCTION, INC. Hydro · 6 employees | $1.9M | 9.4 mi |
| HAMMER LANE ENTERPRISES, LLC Clinton · 1 employees | $426K | 9.7 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $357K |
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 | $821K |
| Multiple for this size and industry | 2.3× |
| Value range | $432K – $1.1M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $235K – $407K |
| Industry (NAICS) | Roofing Contractors (238160) |
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
- BankingBank of HydroPPP / 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
| Bank of Hydro PPP 2020, PPP 2021 | All 155 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $42K | 5 |
| 3/10/2021 | second | $42K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spain's Construction Inc
Spain's Construction Inc is a roofing company in Weatherford, Oklahoma, in business since 2011. Its estimated annual revenue is about $3.1M, with roughly $357K of EBITDA. It has about 6 employees. Its estimated business value is $821K (likely range $432K–$1.1M).
Common questions
- Who owns Spain's Construction Inc?
- The owner of Spain's Construction 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 Spain's Construction Inc make?
- SeeBITDA estimates Spain's Construction Inc's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spain's Construction Inc worth?
- About $821K, roughly 2.3× its estimated EBITDA of $357K, typical for a roofing company its size. Likely range: $432K–$1.1M.
- How many employees does Spain's Construction Inc have?
- About 6, as reported on its PPP loan.
- When was Spain's Construction Inc founded?
- Spain's Construction Inc has been in business since 2011.