Trigon, Inc.
How we got $995K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 42 years (since 1984)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Trigon, Inc. is a construction management firm, in business since 1984, that provides construction management and program management services to public and private sector clients.
From the company's website. Industry: Commercial construction.
Customers & suppliers
Customers
- AVB · named on its website
- Rejoice Christian Schools · named on its website
- South TUlsa Baptist CHurch · named on its website
- Tulsa Public Schools · named on its website
Estimated value over time
▲ 28% 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 |
|---|---|---|
| TRIGON, INC. this business | $8.0M | — |
| R&R OPERATIONS Tulsa · 4 employees | $3.0M | 0.1 mi |
| MID SOUTH PARTITIONS TULSA INC Tulsa · 6 employees | $4.6M | 0.1 mi |
| NATIONAL INSTALLATIONS LLC Tulsa · 1 employees | $1.1M | 0.5 mi |
| HCCCO, LLC Tulsa · 33 employees | $21.2M | 0.9 mi |
| THE FLEMING CONSTRUCTION GROUP, LLC Tulsa · 41 employees | $55.6M | 0.9 mi |
| SHANI DEVA CONSTRUCTION LLC Tulsa · 3 employees | $1.7M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.5M |
| Estimate: the two combined (geometric mean) | $8.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $433K |
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 | $995K |
| Multiple for this size and industry | 2.3× |
| Value range | $524K – $1.4M |
| Revenue range | $5.2M – $9.1M |
| EBITDA range | $285K – $493K |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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
“Since 1984 Trigon has provided clients with quality construction management services on educational, religious, financial, healthcare, and historical restoration projects.”
Leadership
- JMJohnnie McCaslinSuperintendent · Company website · source
- CCChad CrawfordLead Superintendent · Company website · source
- TSTyler StorySuperintendent · Company website · source
- MBMacee BellOffice Manager · Company website · source
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $88K | 10 |
| 1/23/2021 | second | $137K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Trigon, Inc.
Trigon, Inc. is a commercial construction company in Tulsa, Oklahoma, in business since 1984. It is owned by Steven Ryan (Owner/President). Its estimated annual revenue is about $8.0M, with roughly $433K of EBITDA. It has about 10 employees. Its estimated business value is $995K (likely range $524K–$1.4M).
Common questions
- Who owns Trigon, Inc.?
- Trigon, Inc. is owned by Steven Ryan (Owner/President), according to public sources such as the company's website or filings.
- How much revenue does Trigon, Inc. make?
- SeeBITDA estimates Trigon, Inc.'s annual revenue at about $8.0M (likely between $5.2M and $9.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Trigon, Inc. worth?
- About $995K, roughly 2.3× its estimated EBITDA of $433K, typical for a commercial construction company its size. Likely range: $524K–$1.4M.
- How many employees does Trigon, Inc. have?
- About 10, as reported on its PPP loan.
- When was Trigon, Inc. founded?
- Trigon, Inc. has been in business since 1984.
- Is Trigon, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); no family successor named on its website.