Steve Bean Construction Inc.
How we got $903K
Based on its 6 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
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 41% 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
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $2.1M |
| 2020 | Form 5500 | 6 | $2.1M |
| 2021 | Form 5500 | 6 | $2.1M |
| 2022 | Form 5500 | 6 | $2.1M |
| 2023 | Form 5500 | 6 | $2.1M |
| 2024 | Form 5500 | 6 | $2.1M |
| 2025 | Form 5500 | 7 | $2.5M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STEVE BEAN CONSTRUCTION INC. this business | $3.0M | — |
| Kingery Drilling Co Inc. Ardmore | $5.8M | 2.3 mi |
| HOWARD CONSTRUCTION INC. Ardmore · 11 employees | $3.2M | 2.3 mi |
| Tripledee Drilling Co Ardmore | $5.8M | 2.4 mi |
| UNO, INC Ardmore · 2 employees | $1.3M | 2.6 mi |
| ANOTHER PIPELINE COMPANY INC Ardmore · 9 employees | $3.8M | 3.9 mi |
| BIGFOOT LAND SERVICES, INC Ardmore · 6 employees | $2.3M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $392K |
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 | $903K |
| Multiple for this size and industry | 2.3× |
| Value range | $475K – $1.2M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $258K – $448K |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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
| First National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 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 | $69K | 6 |
| 4/27/2021 | second | $76K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Steve Bean Construction Inc.
Steve Bean Construction Inc. is a water and sewer line and related structures construction company in Ardmore, Oklahoma, in business since 2005. Its estimated annual revenue is about $3.0M, with roughly $392K of EBITDA. It has about 7 employees. Its estimated business value is $903K (likely range $475K–$1.2M).
Common questions
- Who owns Steve Bean Construction Inc.?
- The owner of Steve Bean 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 Steve Bean Construction Inc. make?
- SeeBITDA estimates Steve Bean Construction Inc.'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 Steve Bean Construction Inc. worth?
- About $903K, roughly 2.3× its estimated EBITDA of $392K, typical for a water and sewer line and related structures construction company its size. Likely range: $475K–$1.2M.
- How many employees does Steve Bean Construction Inc. have?
- About 7, from its 2025 retirement-plan filing.
- When was Steve Bean Construction Inc. founded?
- Steve Bean Construction Inc. has been in business since 2005.