Treas Construction Inc.
How we got $5.0M
Based on 37 employees on its 2025 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 32% 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
▲ 6% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 35 | $11.7M |
| 2020 | Form 5500 | 37 | $12.4M |
| 2021 | Form 5500 | 34 | $11.4M |
| 2022 | Form 5500 | 26 | $8.7M |
| 2023 | Form 5500 | 10 | $3.3M |
| 2024 | Form 5500 | 31 | $10.4M |
| 2025 | Form 5500 | 37 | $12.4M |
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 |
|---|---|---|
| TREAS CONSTRUCTION INC. this business | $15.1M | — |
| SOUTHERN OKLAHOMA BARRICADE LLC Kingston · 2 employees | $1.2M | 36.7 mi |
| OVERLAND CORPORATION Ardmore · 91 employees | $57.6M | 47.2 mi |
| HUB CONSTRUCTION, INC. Boswell · 21 employees | $7.7M | 48.5 mi |
| L & N BRIDGE LLC Antlers · 37 employees | $12.3M | 50.5 mi |
| C P 3 ENTERPRISES INC Maud · 20 employees | $4.6M | 51.8 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $5.0M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.2M – $9.0M |
| Employees in its retirement plan (2025 Form 5500) | 37 |
| Industry revenue per employee | $334K |
| Revenue = employees × revenue per employee | $15.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.5M |
| For comparison: employees reported for PPP (2020) | 35 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $12.0M – $22.6M |
| EBITDA range | $1.2M – $2.2M |
| 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. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $390K | 35 |
| 1/28/2021 | second | $414K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Treas Construction Inc.
Treas Construction Inc. is a highway, street, and bridge construction company in Coalgate, Oklahoma, in business since 2006. It is owned by LARRY W TREAS. Its estimated annual revenue is about $15.1M, with roughly $1.5M of EBITDA. It has about 37 employees. Its estimated business value is $5.0M (likely range $3.2M–$9.0M).
Common questions
- Who owns Treas Construction Inc.?
- Treas Construction Inc. is owned by LARRY W TREAS, according to public sources such as the company's website or filings.
- How much revenue does Treas Construction Inc. make?
- SeeBITDA estimates Treas Construction Inc.'s annual revenue at about $15.1M (likely between $12.0M and $22.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Treas Construction Inc. worth?
- About $5.0M, roughly 3.4× its estimated EBITDA of $1.5M, typical for a highway, street, and bridge construction company its size. Likely range: $3.2M–$9.0M.
- How many employees does Treas Construction Inc. have?
- About 37, from its 2025 retirement-plan filing.
- When was Treas Construction Inc. founded?
- Treas Construction Inc. has been in business since 2006.