Utilitec, LLC
How we got $9.6M
Based on its 68 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 21% 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 |
|---|---|---|
| UTILITEC, LLC this business | $24.0M | — |
| EASKY CONSTRUCTION, LLC Skiatook · 6 employees | $2.3M | 1.8 mi |
| BIG C CONSTRUCTION, LLC Skiatook · 19 employees | $7.4M | 4.2 mi |
| SAFE HARBOR PRODUCTS LLC Owasso · 8 employees | $3.1M | 13.8 mi |
| MCGRATH, LLC Tulsa · 6 employees | $2.6M | 14.2 mi |
| STEPHENSON EXCAVATION SERVICES LLC Owasso · 2 employees | $1.1M | 16.4 mi |
| PARAGON CONTRACTORS, LLC Tulsa | $36.1M | 16.7 mi |
The full calculation
| Employees reported to the SBA | 68 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $35.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.5M |
| Estimate: the two combined (geometric mean) | $24.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $2.3M |
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 | $9.6M |
| Multiple for this size and industry | 4.1× |
| Value range | $5.1M – $13.2M |
| Revenue range | $15.8M – $27.4M |
| EBITDA range | $1.5M – $2.7M |
| Industry (NAICS) | Other Heavy and Civil Engineering Construction (237990) |
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. 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 Roles are as stated there and may be out of date.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 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 |
|---|---|---|---|
| 4/15/2020 | first | $338K | 68 |
| 2/18/2021 | second | $338K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Utilitec, LLC
Utilitec, LLC is an other heavy and civil engineering construction company in Skiatook, Oklahoma. It is owned by Heather Enloe (Principal). Its estimated annual revenue is about $24.0M, with roughly $2.3M of EBITDA. It has about 68 employees. Its estimated business value is $9.6M (likely range $5.1M–$13.2M).
Common questions
- Who owns Utilitec, LLC?
- Utilitec, LLC is owned by Heather Enloe (Principal), according to public sources such as the company's website or filings.
- How much revenue does Utilitec, LLC make?
- SeeBITDA estimates Utilitec, LLC's annual revenue at about $24.0M (likely between $15.8M and $27.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Utilitec, LLC worth?
- About $9.6M, roughly 4.1× its estimated EBITDA of $2.3M, typical for a other heavy and civil engineering construction company its size. Likely range: $5.1M–$13.2M.
- How many employees does Utilitec, LLC have?
- About 68, as reported on its PPP loan.