Spencer Concrete & Excavation L.L.C.
How we got $855K
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 0% 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 |
|---|---|---|
| SPENCER CONCRETE & EXCAVATION L.L.C. this business | $3.5M | — |
| TULSA PIER DRILLING LLC Claremore · 18 employees | $5.4M | 3.8 mi |
| ACE WELDING SERVICES, LLC Claremore · 1 employees | $238K | 5.1 mi |
| MORGAN BROS INC. Claremore · 5 employees | $955K | 6.1 mi |
| Capital Roofing LLC Claremore | $1.1M | 6.7 mi |
| J & T SERVICE COMPANY LLC Claremore · 9 employees | $1.9M | 7.4 mi |
| DAWSON ROOFING INC. Pryor · 9 employees | $2.6M | 7.7 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.7M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $372K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 19% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $855K |
| Multiple for this size and industry | 2.3× |
| Value range | $513K – $1.3M |
| Revenue range | $2.6M – $4.6M |
| EBITDA range | $279K – $483K |
| Industry (NAICS) | Poured Concrete Foundation and Structure Contractors (238110) |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $149K | 16 |
2 locations
| 18103 S 4240 Rd | Claremore | This listing |
| 102 S 122nd East Ave | Tulsa | View |
Revenue, profit and value are for the whole company.
About Spencer Concrete & Excavation L.L.C.
Spencer Concrete & Excavation L.L.C. is a concrete & foundations company in Claremore, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $372K of EBITDA. It has about 16 employees. Its estimated business value is $855K (likely range $513K–$1.3M). It has 2 locations.
Common questions
- Who owns Spencer Concrete & Excavation L.L.C.?
- The owner of Spencer Concrete & Excavation L.L.C. 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 Spencer Concrete & Excavation L.L.C. make?
- SeeBITDA estimates Spencer Concrete & Excavation L.L.C.'s annual revenue at about $3.5M (likely between $2.6M and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer Concrete & Excavation L.L.C. worth?
- About $855K, roughly 2.3× its estimated EBITDA of $372K, typical for a concrete & foundations company its size. Likely range: $513K–$1.3M.
- How many employees does Spencer Concrete & Excavation L.L.C. have?
- About 16, as reported on its PPP loan.