SeeBITDAOklahoma

T. Mcdonald Construction, Inc.

Highway, Street, and Bridge Construction
  • 815 N MAIN ST, Eufaula, OK
  • Since 2005
Federal contractor
Estimated valueMedium confidence
$6.2M
$3.3Mlikely range$8.5M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$18.6M
a year
Profit (EBITDA)
$1.8M
10% of revenue
Employees
33
reported in 2020
JOHN ENGELBRECHT
Owner · source
Unlikely to sell soon

How we got $6.2M

Based on its 33 employees and its payroll, both reported for PPP in 2020 and brought up to date.

33 employees × $533K each$17.6M
PPP payroll ÷ payroll's usual share of revenue$15.1M
Shown toward the top of its range×1.14
Revenue$18.6M
× 10% profit margin$1.8M
× 3.4 sale multiple = value$6.2M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2023
No reported financials
Company website
Owner named
Trucking registration (FMCSA)
Federal contracts

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.

Customers & suppliers

Customers

  • Department of the Army · federal contracts $499K

Estimated value over time

▲ 20% since 2020
$0$4.0M$8.0M20202021202220232026

Today'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

▲ 15% since 2020
0255020202021202220233338
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan33$11.0M$1.1M
2020Form 550035$11.7M$1.1M
2021Form 550030$10.0M$982K
2022Form 550030$10.0M$982K
2023Form 550038$12.7M$1.2M

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

BusinessEst. revenueEst. profitDistance
T. MCDONALD CONSTRUCTION, INC.
this business
$18.6M$1.8M—
WALTERS CONSTRUCTION, CO LLC
Kinta · 8 employees
$5.4M$641K19.7 mi
C-GAWF CONSTRUCTION, INC
Henryetta · 34 employees
$17.9M$1.7M24.0 mi
C-A NATIVE CONSTRUCTORS, INC
Muskogee
$5.5M$656K30.8 mi
ADVANCED WORKZONE SERVICES, LLC
Muskogee · 102 employees
$57.3M$5.6M32.0 mi
GLOVER & ASSOCIATES INC
Muskogee · 5 employees
$2.5M$322K35.3 mi
H&G PAVING CONTRACTORS, INC.
Muskogee · 46 employees
$20.8M$2.0M35.3 mi

The full calculation

Employees reported to the SBA33
Revenue from headcount (employees × revenue per employee for companies this size)$17.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$15.1M
Estimate: the two combined (geometric mean)$18.6M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$1.8M

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$6.2M
Multiple for this size and industry3.4×
Value range$3.3M – $8.5M
Revenue range$12.2M – $21.2M
EBITDA range$1.2M – $2.1M
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

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020, PPP 2021
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$374K$378K33BancFirst
1/25/2021second$374K$376K30BancFirst

Public records

Federal contracts
Small business
Total, recent years$547K
FY2024$-48K
FY2023$123K
FY2022$424K
DOT motor carrier
USDOT 1428370
Trucks (power units)17
Drivers16
Miles (2023)170,000
Registered with DOT2005

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About T. Mcdonald Construction, Inc.

T. Mcdonald Construction, Inc. is a highway, street, and bridge construction company in Eufaula, Oklahoma, in business since 2005. It is owned by JOHN ENGELBRECHT. Its estimated annual revenue is about $18.6M, with roughly $1.8M of EBITDA. It has about 38 employees. Its estimated business value is $6.2M (likely range $3.3M–$8.5M).

Common questions

Who owns T. Mcdonald Construction, Inc.?
T. Mcdonald Construction, Inc. is owned by JOHN ENGELBRECHT, according to public sources such as the company's website or filings.
How much revenue does T. Mcdonald Construction, Inc. make?
SeeBITDA estimates T. Mcdonald Construction, Inc.'s annual revenue at about $18.6M (likely between $12.2M and $21.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is T. Mcdonald Construction, Inc. worth?
About $6.2M, roughly 3.4× its estimated EBITDA of $1.8M, typical for a highway, street, and bridge construction company its size. Likely range: $3.3M–$8.5M.
How many employees does T. Mcdonald Construction, Inc. have?
About 38, from its 2023 retirement-plan filing.
When was T. Mcdonald Construction, Inc. founded?
T. Mcdonald Construction, Inc. has been in business since 2005.