T-G Excavating Inc
How we got $18.1M
Based on its 72 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 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▼ 1% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 72 | $24.1M |
| 2020 | Form 5500 | 59 | $19.7M |
| 2021 | Form 5500 | 55 | $18.4M |
| 2022 | Form 5500 | 56 | $18.7M |
| 2023 | Form 5500 | 57 | $19.1M |
| 2024 | Form 5500 | 71 | $23.7M |
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 |
|---|---|---|
| T-G EXCAVATING INC this business | $45.2M | — |
| TRI-STAR CONSTRUCTION, LLC Tulsa · 50 employees | $28.8M | 6.0 mi |
| HWY 66 CONSTRUCTION, LLC Claremore · 2 employees | $1.9M | 6.9 mi |
| CHAMPION CONCRETE SERVICES, INC Tulsa · 23 employees | $12.5M | 7.6 mi |
| M&M CONSTRUCTION GROUP INC. Tulsa · 4 employees | $3.7M | 10.9 mi |
| R.L. MCCULLOUGH & ASSOCIATES, INC. Tulsa · 15 employees | $6.9M | 11.7 mi |
| BRIDGE BUILDERS INTERNATIONAL Tulsa · 4 employees | $501K | 12.0 mi |
The full calculation
| Employees reported to the SBA | 72 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $38.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $41.0M |
| Estimate: the two combined (geometric mean) | $45.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $4.4M |
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 | $18.1M |
| Multiple for this size and industry | 4.1× |
| Value range | $9.5M – $24.8M |
| Revenue range | $29.7M – $51.5M |
| EBITDA range | $2.9M – $5.0M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
Leadership
- NFNeva FarleySigned for the company · 2022 retirement-plan filing (Form 5500)
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.0M | 72 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About T-G Excavating Inc
T-G Excavating Inc is a highway, street, and bridge construction company in Catoosa, Oklahoma, in business since 2000. Its estimated annual revenue is about $45.2M, with roughly $4.4M of EBITDA. It has about 71 employees. Its estimated business value is $18.1M (likely range $9.5M–$24.8M).
Common questions
- Who owns T-G Excavating Inc?
- The owner of T-G Excavating 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 T-G Excavating Inc make?
- SeeBITDA estimates T-G Excavating Inc's annual revenue at about $45.2M (likely between $29.7M and $51.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is T-G Excavating Inc worth?
- About $18.1M, roughly 4.1× its estimated EBITDA of $4.4M, typical for a highway, street, and bridge construction company its size. Likely range: $9.5M–$24.8M.
- How many employees does T-G Excavating Inc have?
- About 71, from its 2024 retirement-plan filing.
- When was T-G Excavating Inc founded?
- T-G Excavating Inc has been in business since 2000.