James Smith Backhoe, Inc
How we got $1.7M
Based on its 12 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 |
|---|---|---|
| JAMES SMITH BACKHOE, INC this business | $4.9M | — |
| BLACKJACK CONSTRUCTION LLC Perkins · 12 employees | $4.8M | 8.8 mi |
| HEARTLAND CONTRACTING SERVICES INC Wellston · 26 employees | $10.1M | 9.2 mi |
| SHR PRODUCTION SERVICES LLC Chandler · 1 employees | $1.0M | 9.7 mi |
| V-KAM CONSTRUCTION LLC Wellston · 2 employees | $839K | 10.7 mi |
| RED DIRT POWERLINE SERVICES, INC. Luther · 10 employees | $4.1M | 13.4 mi |
| TAPCO WATER CORP. Wellston · 3 employees | $1.2M | 14.8 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.7M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $592K |
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 | $1.7M |
| Multiple for this size and industry | 2.8× |
| Value range | $872K – $2.3M |
| Revenue range | $3.3M – $5.6M |
| EBITDA range | $389K – $675K |
| 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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/6/2020 | first | $86K | 12 |
| 2/16/2021 | second | $99K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About James Smith Backhoe, Inc
James Smith Backhoe, Inc is a water and sewer line and related structures construction company in Carney, Oklahoma, in business since 2012. Its estimated annual revenue is about $4.9M, with roughly $592K of EBITDA. It has about 12 employees. Its estimated business value is $1.7M (likely range $872K–$2.3M).
Common questions
- Who owns James Smith Backhoe, Inc?
- The owner of James Smith Backhoe, 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 James Smith Backhoe, Inc make?
- SeeBITDA estimates James Smith Backhoe, Inc's annual revenue at about $4.9M (likely between $3.3M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is James Smith Backhoe, Inc worth?
- About $1.7M, roughly 2.8× its estimated EBITDA of $592K, typical for a water and sewer line and related structures construction company its size. Likely range: $872K–$2.3M.
- How many employees does James Smith Backhoe, Inc have?
- About 12, as reported on its PPP loan.
- When was James Smith Backhoe, Inc founded?
- James Smith Backhoe, Inc has been in business since 2012.