Thomas Underground Services LLC
How we got $871K
Based on its 11 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 27% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THOMAS UNDERGROUND SERVICES LLC this business | $3.3M | — |
| Crosscut Services Oklahoma City | $958K | 1.3 mi |
| Brundage-bone Concrete Pumping Moore | $2.2M | 1.3 mi |
| ESTELL EXCAVATING INC. Moore · 19 employees | $6.8M | 1.3 mi |
| REMINGTON POOLS LLC Oklahoma City · 3 employees | $1.6M | 1.5 mi |
| ABOVE ALL FENCE CO., LLC Moore · 2 employees | $634K | 1.6 mi |
| Mike's Paving & Sealcoating Moore | $4.0M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $379K |
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 | $871K |
| Multiple for this size and industry | 2.3× |
| Value range | $458K – $1.2M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $249K – $432K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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
History & 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 Roles are as stated there and may be out of date.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 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | second | $70K | 11 |
About Thomas Underground Services LLC
Thomas Underground Services LLC is an excavation & site work company in Moore, Oklahoma. Its estimated annual revenue is about $3.3M, with roughly $379K of EBITDA. It has about 11 employees. Its estimated business value is $871K (likely range $458K–$1.2M).
Common questions
- Who owns Thomas Underground Services LLC?
- The owner of Thomas Underground Services LLC 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 Thomas Underground Services LLC make?
- SeeBITDA estimates Thomas Underground Services LLC's annual revenue at about $3.3M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thomas Underground Services LLC worth?
- About $871K, roughly 2.3× its estimated EBITDA of $379K, typical for a excavation & site work company its size. Likely range: $458K–$1.2M.
- How many employees does Thomas Underground Services LLC have?
- About 11, as reported on its PPP loan.