Triangle Construction & Utility, LLC
How we got $12.1M
Based on its 81 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 41% 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 |
|---|---|---|
| TRIANGLE CONSTRUCTION & UTILITY, LLC this business | $30.1M | — |
| FIREFLY ENERGY SERVICES LLC Claremore · 3 employees | $2.0M | 1.7 mi |
| ALLTECH COMMUNICATIONS LLC Tulsa · 22 employees | $8.7M | 1.8 mi |
| LANDA MOBILE SYSTEMS, LLC Tulsa · 11 employees | $3.1M | 2.7 mi |
| UNDERGROUND ENTERPRISES LLC Tulsa · 18 employees | $6.5M | 3.2 mi |
| SOL INDUSTRIES LLC Tulsa · 16 employees | $6.5M | 3.4 mi |
| CODE RED UNDERGROUND, LLC Tulsa · 45 employees | $17.3M | 4.7 mi |
The full calculation
| Employees reported to the SBA | 81 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $40.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.2M |
| Estimate: the two combined (geometric mean) | $30.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $2.9M |
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 | $12.1M |
| Multiple for this size and industry | 4.1× |
| Value range | $6.4M – $16.5M |
| Revenue range | $19.8M – $34.3M |
| EBITDA range | $1.9M – $3.4M |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingSecurity 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
| Security Bank 7(a) 2020, PPP 2020, PPP 2021 | All 617 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 | $378K | 63 |
| 1/28/2021 | second | $486K | 81 |
Public records
| Aug 2020 | 7(a) | $500K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Triangle Construction & Utility, LLC
Triangle Construction & Utility, LLC is a water and sewer line and related structures construction company in Tulsa, Oklahoma, in business since 2008. Its estimated annual revenue is about $30.1M, with roughly $2.9M of EBITDA. It has about 81 employees. Its estimated business value is $12.1M (likely range $6.4M–$16.5M).
Common questions
- Who owns Triangle Construction & Utility, LLC?
- The owner of Triangle Construction & Utility, 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 Triangle Construction & Utility, LLC make?
- SeeBITDA estimates Triangle Construction & Utility, LLC's annual revenue at about $30.1M (likely between $19.8M and $34.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Triangle Construction & Utility, LLC worth?
- About $12.1M, roughly 4.1× its estimated EBITDA of $2.9M, typical for a water and sewer line and related structures construction company its size. Likely range: $6.4M–$16.5M.
- How many employees does Triangle Construction & Utility, LLC have?
- About 81, as reported on its PPP loan.
- When was Triangle Construction & Utility, LLC founded?
- Triangle Construction & Utility, LLC has been in business since 2008.