Elite Towers, Inc
How we got $2.8M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| ELITE TOWERS, INC this business | $9.5M | — |
| STEVEN MCCOMAS Blanchard · 2 employees | $982K | 0.9 mi |
| G T UNDERGROUND, LLC Blanchard · 8 employees | $3.5M | 3.4 mi |
| HTM UNDERGROUND, L.L.C. Blanchard · 7 employees | $3.4M | 5.8 mi |
| Precision HDD Dibble | $5.8M | 9.2 mi |
| Meyer Pump Service and Water Well Drilling Norman | $5.8M | 10.4 mi |
| WEE CONSTRUCTION CO. Washington · 17 employees | $8.3M | 10.5 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.6M |
| Estimate: the two combined (geometric mean) | $9.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1000K |
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 | $2.8M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.5M – $3.8M |
| Revenue range | $6.2M – $10.8M |
| EBITDA range | $657K – $1.1M |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 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 | $199K | 19 |
| 1/20/2021 | second | $167K | 19 |
About Elite Towers, Inc
Elite Towers, Inc is a water and sewer line and related structures construction company in Blanchard, Oklahoma. Its estimated annual revenue is about $9.5M, with roughly $1000K of EBITDA. It has about 19 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Elite Towers, Inc?
- The owner of Elite Towers, 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 Elite Towers, Inc make?
- SeeBITDA estimates Elite Towers, Inc's annual revenue at about $9.5M (likely between $6.2M and $10.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Towers, Inc worth?
- About $2.8M, roughly 2.8× its estimated EBITDA of $1000K, typical for a water and sewer line and related structures construction company its size. Likely range: $1.5M–$3.8M.
- How many employees does Elite Towers, Inc have?
- About 19, as reported on its PPP loan.