Stone Splitters, Inc.
How we got $2.7M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 34% 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 |
|---|---|---|
| STONE SPLITTERS, INC. this business | $2.4M | — |
| WILDHORSE STONE, INC Sallisaw · 4 employees | $1.9M | 2.4 mi |
| BEDROCK STONE LLC Stigler · 2 employees | $1.4M | 16.1 mi |
| SOUTER LIMESTONE AND MINERALS LLC Gore · 14 employees | $6.4M | 18.8 mi |
| THUMBS UP RANCH, LLC Bokoshe · 9 employees | $2.2M | 19.0 mi |
| ROCK PRODUCERS, INC Bokoshe · 3 employees | $1.6M | 19.4 mi |
| 3C STONE COMPANY LLC Stigler · 20 employees | $8.5M | 20.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $719K |
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 | $2.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.4M – $3.7M |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $473K – $819K |
| Industry (NAICS) | Construction Sand and Gravel Mining (212321) |
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. 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
- BankingGrand Savings 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 Roles are as stated there and may be out of date.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
| Grand Savings Bank PPP 2020 | All 196 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 | $42K | 6 |
About Stone Splitters, Inc.
Stone Splitters, Inc. is a construction sand and gravel mining company in Sallisaw, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $719K of EBITDA. It has about 6 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Stone Splitters, Inc.?
- The owner of Stone Splitters, 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 Stone Splitters, Inc. make?
- SeeBITDA estimates Stone Splitters, Inc.'s annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stone Splitters, Inc. worth?
- About $2.7M, roughly 3.8× its estimated EBITDA of $719K, typical for a construction sand and gravel mining company its size. Likely range: $1.4M–$3.7M.
- How many employees does Stone Splitters, Inc. have?
- About 6, as reported on its PPP loan.