Union Iron Works, Inc.
How we got $8.9M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Customers & suppliers
Customers
- Department of the Army · federal contracts $1.9M
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 |
|---|---|---|
| UNION IRON WORKS, INC. this business | $43.0M | — |
| CENTRAL CHRISTIAN CHURCH Mcalester · 2 employees | $1.1M | 1.7 mi |
| JD THOMAS CONSTRUCTION, LLC Mcalester · 5 employees | $4.4M | 2.8 mi |
| K&B GENERAL CONSTRUCTION, INC. Mcalester · 7 employees | $4.4M | 8.3 mi |
| BUILT RIGHT CONSTRUCTION, LLC Savanna · 46 employees | $49.6M | 8.5 mi |
| MIDWEST CONSULTING & CONSTRUCTION LLC Quinton · 1 employees | $1.4M | 25.6 mi |
| LASTER BROS LLC Holdenville · 4 employees | $3.2M | 35.8 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $40.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $35.1M |
| Estimate: the two combined (geometric mean) | $43.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $2.2M |
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 | $8.9M |
| Multiple for this size and industry | 4.1× |
| Value range | $4.7M – $12.2M |
| Revenue range | $28.3M – $49.0M |
| EBITDA range | $1.4M – $2.5M |
| 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
Advisors
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $420K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Union Iron Works, Inc.
Union Iron Works, Inc. is a commercial construction company in Mcalester, Oklahoma. Its estimated annual revenue is about $43.0M, with roughly $2.2M of EBITDA. It has about 41 employees. Its estimated business value is $8.9M (likely range $4.7M–$12.2M).
Common questions
- Who owns Union Iron Works, Inc.?
- The owner of Union Iron Works, 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 Union Iron Works, Inc. make?
- SeeBITDA estimates Union Iron Works, Inc.'s annual revenue at about $43.0M (likely between $28.3M and $49.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Union Iron Works, Inc. worth?
- About $8.9M, roughly 4.1× its estimated EBITDA of $2.2M, typical for a commercial construction company its size. Likely range: $4.7M–$12.2M.
- How many employees does Union Iron Works, Inc. have?
- About 41, as reported on its PPP loan.