Srm, Inc
How we got $26.0M
Based on its 201 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
- Acquired by Suncrete (2025)
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by Suncrete · Oct 2025Suncrete acquired substantially all of the assets of SRM, Inc. DBA Schwarz Ready Mix and SRM Leasing, LLC, as reported on October 21, 2025.Source
Estimated value over time
▲ 23% 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 |
|---|---|---|
| SRM, INC this business | $69.9M | — |
| SCHWARZ SAND LLC Yukon · 198 employees | $62.4M | 0.0 mi |
| TOOLS IN HAND HOME REPAIR LLC Yukon · 2 employees | $535K | 0.4 mi |
| LON'S CUSTOM WELDING INC Yukon · 2 employees | $388K | 0.4 mi |
| CHRIS HOOPER Yukon · 1 employees | $409K | 1.0 mi |
| LINDLEY CONSTRUCTION, INC. Yukon · 7 employees | $2.1M | 1.0 mi |
| TYCO BUILINGS FENCE AND FABRICATION LLC Yukon · 1 employees | $342K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 201 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $63.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $77.0M |
| Estimate: the two combined (geometric mean) | $69.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $5.3M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 1% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $26.0M |
| Multiple for this size and industry | 4.9× |
| Value range | $15.6M – $40.6M |
| Revenue range | $52.4M – $90.8M |
| EBITDA range | $4.0M – $6.9M |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
- BankingProsperity 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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $2.8M | 201 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Srm, Inc
Srm, Inc is a fencing, siding & exterior company in Yukon, Oklahoma. It is owned by GENE SCHWARZ. Its estimated annual revenue is about $69.9M, with roughly $5.3M of EBITDA. It has about 201 employees. Its estimated business value is $26.0M (likely range $15.6M–$40.6M).
Common questions
- Who owns Srm, Inc?
- Srm, Inc is owned by GENE SCHWARZ, according to public sources such as the company's website or filings.
- How much revenue does Srm, Inc make?
- SeeBITDA estimates Srm, Inc's annual revenue at about $69.9M (likely between $52.4M and $90.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Srm, Inc worth?
- About $26.0M, roughly 4.9× its estimated EBITDA of $5.3M, typical for a fencing, siding & exterior company its size. Likely range: $15.6M–$40.6M.
- How many employees does Srm, Inc have?
- About 201, as reported on its PPP loan.