Heartland Contracting Services Inc
How we got $3.6M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 43% 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 |
|---|---|---|
| HEARTLAND CONTRACTING SERVICES INC this business | $10.1M | — |
| V-KAM CONSTRUCTION LLC Wellston · 2 employees | $839K | 2.0 mi |
| TAPCO WATER CORP. Wellston · 3 employees | $1.2M | 6.4 mi |
| RED DIRT POWERLINE SERVICES, INC. Luther · 10 employees | $4.1M | 7.9 mi |
| JAMES SMITH BACKHOE, INC Carney · 12 employees | $4.9M | 9.2 mi |
| Fields Youngblood Water Well Luther | $5.8M | 11.0 mi |
| SHR PRODUCTION SERVICES LLC Chandler · 1 employees | $1.0M | 11.5 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.9M |
| Estimate: the two combined (geometric mean) | $10.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.6M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.9M – $4.9M |
| Revenue range | $6.6M – $11.5M |
| EBITDA range | $700K – $1.2M |
| Industry (NAICS) | Power and Communication Line and Related Structures Construction (237130) |
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
- 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 |
|---|---|---|---|
| 4/8/2020 | first | $236K | 26 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heartland Contracting Services Inc
Heartland Contracting Services Inc is a power and communication line and related structures construction company in Wellston, Oklahoma, in business since 2001. Its estimated annual revenue is about $10.1M, with roughly $1.1M of EBITDA. It has about 26 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).
Common questions
- Who owns Heartland Contracting Services Inc?
- The owner of Heartland Contracting Services 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 Heartland Contracting Services Inc make?
- SeeBITDA estimates Heartland Contracting Services Inc's annual revenue at about $10.1M (likely between $6.6M and $11.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heartland Contracting Services Inc worth?
- About $3.6M, roughly 3.4× its estimated EBITDA of $1.1M, typical for a power and communication line and related structures construction company its size. Likely range: $1.9M–$4.9M.
- How many employees does Heartland Contracting Services Inc have?
- About 26, as reported on its PPP loan.
- When was Heartland Contracting Services Inc founded?
- Heartland Contracting Services Inc has been in business since 2001.