Spur Design, LLC
- Ryan GibsonManaging Principal, Tempe AZ · Company website
- Bethany JacksonPrincipal of Design · Company website
- Ryan GikasDirector of Culture · Company website
- Jennifer BramlettDirector of Administration · Company website
- Allison HallDirector of Marketing · Company website
How we got $16.6M
Based on its 48 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 30% 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
▲ 31% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 48 | $10.9M |
| 2020 | Form 5500 | 49 | $11.1M |
| 2021 | Form 5500 | 56 | $12.7M |
| 2022 | Form 5500 | 65 | $14.8M |
| 2023 | Form 5500 | 66 | $15.0M |
| 2024 | Form 5500 | 59 | $13.4M |
| 2025 | Form 5500 | 63 | $14.3M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
- Family in the business (Bret Cavin, Director of Vertical Transportation)
From public records and the company's website, not a statement that it's for sale.
What they do
Spur Design is a design, architecture and engineering firm offering a one-stop set of design and engineering services for complex projects.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Customers
- Department of Veterans Affairs · federal contracts $84.3M
- Federal Aviation Administration · federal contracts $946K
- Department of the Army · federal contracts $225K
- Oklahoma Association of Realtors · named on its website
- Friendship House · named on its website
- COOP Ale Works · named on its website
- Fort Harrison VA Medical Center · named on its website
- Charles George VA · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SPUR DESIGN, LLC this business | $19.6M | — |
| Cognitive Based Systems Inc Oklahoma City | $2.0M | 0.2 mi |
| Life Of Christ Oklahoma City | $2.0M | 1.3 mi |
| 405 Phone Solutions Oklahoma City | $3.9M | 1.3 mi |
| Rdr Technologies Oklahoma City | $2.0M | 1.3 mi |
| Certified Machine & Design Oklahoma City | $2.0M | 1.4 mi |
| City Brake & Clutch Oklahoma City | $2.0M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.9M |
| Estimate: the two combined (geometric mean) | $19.6M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $2.6M |
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 | $16.6M |
| Multiple for this size and industry | 6.3× |
| Value range | $8.7M – $22.7M |
| Revenue range | $12.9M – $22.4M |
| EBITDA range | $1.7M – $3.0M |
| Industry (NAICS) | Architectural Services (541310) |
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
- BankingUMB Bank, National AssociationPPP / 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
| UMB Bank, National Association PPP 2020 | All 99 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $790K | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spur Design, LLC
Spur Design, LLC is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 2008. It is owned by Seth Cavin (Founding Principal). Its estimated annual revenue is about $19.6M, with roughly $2.6M of EBITDA. It has about 63 employees. Its estimated business value is $16.6M (likely range $8.7M–$22.7M).
Common questions
- Who owns Spur Design, LLC?
- Spur Design, LLC is owned by Seth Cavin (Founding Principal), according to public sources such as the company's website or filings.
- How much revenue does Spur Design, LLC make?
- SeeBITDA estimates Spur Design, LLC's annual revenue at about $19.6M (likely between $12.9M and $22.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spur Design, LLC worth?
- About $16.6M, roughly 6.3× its estimated EBITDA of $2.6M, typical for a engineering & architecture company its size. Likely range: $8.7M–$22.7M.
- How many employees does Spur Design, LLC have?
- About 63, from its 2025 retirement-plan filing.
- When was Spur Design, LLC founded?
- Spur Design, LLC has been in business since 2008.