Stan's Asphalt & Construction, Inc.
How we got $1.1M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
What they do
Stan's Asphalt & Construction is a family-owned and operated asphalt paving and construction contractor serving local communities, offering paving, milling, sealcoating, concrete and aggregate hauling services.
From the company's website. Industry: Highway, Street, and Bridge Construction.
Estimated value over time
▲ 20% 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 |
|---|---|---|
| STAN'S ASPHALT & CONSTRUCTION, INC. this business | $4.1M | — |
| MUNOZ CONSTRUCTION, INC. Enid · 12 employees | $7.6M | 4.3 mi |
| APPLIED CONSTRUCTION TECHNOLOGIES, LLC Enid · 4 employees | $2.4M | 6.7 mi |
| HARD ROCK SOLUTIONS LLC Enid · 1 employees | $642K | 16.1 mi |
| HUDSON, INC. Edmond · 17 employees | $8.8M | 42.0 mi |
| TOM HUDSON PAVING, INC Guthrie · 9 employees | $4.1M | 42.4 mi |
| FRONTIER BRIDGE, INC. Okarche · 88 employees | $54.9M | 47.3 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $4.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $488K |
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 | $1.1M |
| Multiple for this size and industry | 2.3× |
| Value range | $591K – $1.5M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $321K – $557K |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingInterBankPPP / 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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $61K | 10 |
| 1/28/2021 | second | $63K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Stan's Asphalt & Construction, Inc.
Stan's Asphalt & Construction, Inc. is a family-owned highway, street, and bridge construction company in Enid, Oklahoma, in business since 1992. Its estimated annual revenue is about $4.1M, with roughly $488K of EBITDA. It has about 10 employees. Its estimated business value is $1.1M (likely range $591K–$1.5M).
Common questions
- Who owns Stan's Asphalt & Construction, Inc.?
- The owner of Stan's Asphalt & 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 Stan's Asphalt & Construction, Inc. make?
- SeeBITDA estimates Stan's Asphalt & Construction, Inc.'s annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stan's Asphalt & Construction, Inc. worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $488K, typical for a highway, street, and bridge construction company its size. Likely range: $591K–$1.5M.
- How many employees does Stan's Asphalt & Construction, Inc. have?
- About 10, as reported on its PPP loan.
- When was Stan's Asphalt & Construction, Inc. founded?
- Stan's Asphalt & Construction, Inc. has been in business since 1992.