Terry Covey Construction, Inc.
How we got $881K
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 33% 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 |
|---|---|---|
| TERRY COVEY CONSTRUCTION, INC. this business | $6.2M | — |
| DODSON CUSTOM HOMES 1, L.L.C. Oklahoma City · 7 employees | $5.1M | 1.1 mi |
| JUSTICE HOMES INC Oklahoma City · 4 employees | $6.2M | 1.2 mi |
| ABIDE HOMES, LLC Oklahoma City · 2 employees | $2.0M | 1.3 mi |
| COLONY CONSTRUCTION INC. Oklahoma City · 2 employees | $2.3M | 1.6 mi |
| CHANGING PLACES Oklahoma City · 1 employees | $245K | 1.8 mi |
| THE DUNLAP GROUP Edmond · 1 employees | $1.3M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $1.1M |
| Revenue = employees × revenue per employee | $6.2M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $383K |
| Cross-check: revenue implied by PPP payroll | $1.7M |
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 | $881K |
| Multiple for this size and industry | 2.3× |
| Value range | $417K – $1.3M |
| Revenue range | $3.7M – $7.4M |
| EBITDA range | $227K – $453K |
| Industry (NAICS) | New Housing For-Sale Builders (236117) |
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
- BankingKirkpatrick 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 Roles are as stated there and may be out of date.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
| Kirkpatrick Bank PPP 2020, PPP 2021 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $22K | 4 |
| 2/13/2021 | second | $22K | 4 |
About Terry Covey Construction, Inc.
Terry Covey Construction, Inc. is a home builders company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $6.2M, with roughly $383K of EBITDA. It has about 4 employees. Its estimated business value is $881K (likely range $417K–$1.3M).
Common questions
- Who owns Terry Covey Construction, Inc.?
- The owner of Terry Covey 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 Terry Covey Construction, Inc. make?
- SeeBITDA estimates Terry Covey Construction, Inc.'s annual revenue at about $6.2M (likely between $3.7M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Terry Covey Construction, Inc. worth?
- About $881K, roughly 2.3× its estimated EBITDA of $383K, typical for a home builders company its size. Likely range: $417K–$1.3M.
- How many employees does Terry Covey Construction, Inc. have?
- About 4, as reported on its PPP loan.