Ward Construction Incorporated
How we got $917K
Based on its 7 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 51 years (since 1975)
- Founder still runs it after 51 years
- Family in the business (Ronald E. Ward, President / Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Ward Construction Inc is a family-owned and operated Oklahoma City contractor that builds and develops commercial projects, including tenant improvements, remodels, and design-build, construction management, and value engineering services. Its commercial development arm, Ward Investments, develops and manages commercial property.
From the company's website. Industry: Commercial construction.
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.
Employees over time
▼ 14% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $5.0M |
| 2020 | Form 5500 | 6 | $4.3M |
| 2021 | Form 5500 | 6 | $4.3M |
| 2022 | Form 5500 | 5 | $3.6M |
| 2023 | Form 5500 | 6 | $4.3M |
| 2024 | Form 5500 | 6 | $4.3M |
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 |
|---|---|---|
| WARD CONSTRUCTION INCORPORATED this business | $6.5M | — |
| MCLEAN HOMES Edmond · 1 employees | $736K | 1.7 mi |
| M.L. HARRIS AND COMPANY, LLC Oklahoma City · 2 employees | $1.9M | 2.2 mi |
| PHILLIPS QUALITY CONSTRUCTION CORPORATIO Edmond · 3 employees | $2.8M | 2.3 mi |
| T. SCOTT CONSTRUCTION, LLC Edmond · 16 employees | $15.8M | 2.4 mi |
| COMANCHE NATION CONSTRUCTION LLC Oklahoma City · 40 employees | $55.0M | 2.4 mi |
| GRAHAM CONSTRUCTION AND DEVELOPMENT, LLC Oklahoma City · 5 employees | $3.8M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $6.5M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $399K |
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 | $917K |
| Multiple for this size and industry | 2.3× |
| Value range | $482K – $1.3M |
| Revenue range | $4.3M – $7.4M |
| EBITDA range | $262K – $454K |
| 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
“Ward Construction was started in 1975 by Ron Ward.”
Leadership
- RERonald E. WardPresident / Owner · Company website · source
- AWAmanda WardVP of Operations / Owner · Company website · source
- KWKent WardConstruction Manager / Owner · Company website · source
- CSCathy StiebProject Manager · Company website · source
- MTMelanie TannerBookkeeper · Company website · source
- DGDanny GraysonField Project Manager · Company website · source
- DJDavid JensenSuperintendent · Company website · source
- JRJames RobinsonMaintenance Supervisor · Company website · source
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $100K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ward Construction Incorporated
Ward Construction Incorporated is a family-owned commercial construction company in Oklahoma City, Oklahoma, in business since 1975. It is owned by Ron Ward (Founder). Its estimated annual revenue is about $6.5M, with roughly $399K of EBITDA. It has about 6 employees. Its estimated business value is $917K (likely range $482K–$1.3M).
Common questions
- Who owns Ward Construction Incorporated?
- Ward Construction Incorporated is owned by Ron Ward (Founder), according to public sources such as the company's website or filings.
- How much revenue does Ward Construction Incorporated make?
- SeeBITDA estimates Ward Construction Incorporated's annual revenue at about $6.5M (likely between $4.3M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ward Construction Incorporated worth?
- About $917K, roughly 2.3× its estimated EBITDA of $399K, typical for a commercial construction company its size. Likely range: $482K–$1.3M.
- How many employees does Ward Construction Incorporated have?
- About 6, from its 2024 retirement-plan filing.
- When was Ward Construction Incorporated founded?
- Ward Construction Incorporated has been in business since 1975.
- Is Ward Construction Incorporated for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 51 years (since 1975); founder still runs it after 51 years; family in the business (ronald e. ward, president / owner).