Spencer Construction Company
How we got $387K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 44% 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 CONSTRUCTION COMPANY this business | $3.0M | — |
| JAXON CONSTRUCTION INC. Tulsa · 1 employees | $319K | 0.3 mi |
| DESIGNFIX HOMES LLC Tulsa · 2 employees | $1.6M | 0.4 mi |
| MADISON AVERY LLC Tulsa · 2 employees | $1.3M | 0.5 mi |
| SHE COMPANIES, LLC Tulsa · 6 employees | $4.0M | 0.5 mi |
| LAMAR PROPERTIES, INC. Tulsa · 2 employees | $1.7M | 0.6 mi |
| SOUTH TULSA GENERAL CONTRACTING, LLC Tulsa · 2 employees | $1.0M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $204K |
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 | $387K |
| Multiple for this size and industry | 1.9× |
| Value range | $204K – $530K |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $134K – $232K |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
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
- BankingOklahoma Capital 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 Roles are as stated there and may be out of date.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
| Oklahoma Capital Bank PPP 2020, PPP 2021 | All 45 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $29K | 3 |
| 2/17/2021 | second | $29K | 3 |
About Spencer Construction Company
Spencer Construction Company is a home builders company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $204K of EBITDA. It has about 3 employees. Its estimated business value is $387K (likely range $204K–$530K).
Common questions
- Who owns Spencer Construction Company?
- The owner of Spencer Construction Company 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 Construction Company make?
- SeeBITDA estimates Spencer Construction Company's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer Construction Company worth?
- About $387K, roughly 1.9× its estimated EBITDA of $204K, typical for a home builders company its size. Likely range: $204K–$530K.
- How many employees does Spencer Construction Company have?
- About 3, as reported on its PPP loan.