SeeBITDAOklahoma

L & N Bridge LLC

Highway, Street, and Bridge Construction
  • 418855 St Hwy 3, Antlers, OK
  • Since 1999
  • Family-owned
  • NAICS 237310
Company websitelnbridge.comFind on LinkedInSearch LinkedIn for this company
New owners FY2025
Estimated valueMedium confidence
$6.3M
$3.3Mlikely range$8.7M
About 3.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$19.0M
a year
EBITDA
$1.9M
10% of revenue
Employees
37
reported in 2020
Leadership
Randall Low
Founder · source
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $6.3M

Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.

37 employees × $533K each$19.7M
PPP payroll ÷ payroll's usual share of revenue$14.1M
Shown toward the top of its range×1.14
Revenue$19.0M
× 10% EBITDA margin$1.9M
× 3.4 sale multiple = value$6.3M

Own this business? Correct these figures

Estimated value over time

▲ 20% since 2020
$0$4.0M$8.1M20202021202220232026

Today'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

▲ 8% since 2020
05010020202021202220233740
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan37$12.4M$1.2M
2020Form 550044$14.7M$1.4M
2021Form 550047$15.7M$1.5M
2022Form 550043$14.4M$1.4M
2023Form 550040$13.4M$1.3M

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.

What we know

PPP loan, 2020
401(k) filing, 2023
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 27 years (since 1999)
  • Founder still runs it after 27 years
  • Family in the business (Randy Low, General Manager)
  • Changed hands recently (SBA-financed purchase, FY2025)

From public records and the company's website, not a statement that it's for sale.

What they do

L & N Bridge, L.L.C. is a civil construction company specializing in highway and industrial construction, and says it is a family owned business established in 1999.

Products & services
Earthwork and GradingBridgesConcrete Pavement/ Curb & GutterBox CulvertsCulvert Headwalls/End TreatmentsStorm Sewer PipeRetaining Walls- Cast-in-Place & MSEBridge RemovalSlipform Parapet Wall/RailsSteel H-PileAirport ConstructionIndustrial Foundations
Markets served
industrial construction
Service area
TexasOklahoma

From the company's website. Industry: Highway, Street, and Bridge Construction.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
L & N BRIDGE LLC
this business
$19.0M$1.9M—
HUB CONSTRUCTION, INC.
Boswell · 21 employees
$11.9M$1.3M23.4 mi
B AND B CONSTRUCTION SERVICES J. T. INC.
Clayton
$13.0M$1.3M27.0 mi
B & B CONSTRUCTION SERVICE J.T., INC.
Clayton · 43 employees
$17.3M$1.7M27.8 mi
BUILT RIGHT CONSTRUCTION, LLC
Savanna · 46 employees
$25.4M$2.5M44.8 mi

Ranges & sources

Revenue range$12.5M – $21.7M
EBITDA range$1.2M – $2.1M
Industry (NAICS)Highway, Street, and Bridge Construction (237310)
Value range$3.3M – $8.7M

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

History & advisors

Founded 1999 by Randall Low and David NorridFamily-owned
“L&N Bridge, LLC was established in 1999 by Randall Low and David Norrid.”

Advisors

  • BankingFirstBank, T Bank, National AssociationPPP / 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

FirstBank
PPP 2020, PPP 2021
All 263 borrowers →
T Bank, National Association
7(a) 2025
All 16 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$348K$351K37FirstBank
3/12/2021second$460K$462K37FirstBank

Public records

SBA loans
Changed ownership (SBA-financed, FY2025)
May 20257(a)$2.1MT Bank, National Association
DOT motor carrier
USDOT 1025192
Trucks (power units)14
Drivers3
Miles (2024)54,441
Registered with DOT2002

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About L & N Bridge LLC

L & N Bridge LLC is a family-owned highway, street, and bridge construction company in Antlers, Oklahoma, in business since 1999. It is owned by Randall Low (Founder). Its estimated annual revenue is about $19.0M, with roughly $1.9M of EBITDA. It has about 40 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.7M).

Common questions

Who owns L & N Bridge LLC?
L & N Bridge LLC is owned by Randall Low (Founder), according to public sources such as the company's website or filings.
How much revenue does L & N Bridge LLC make?
SeeBITDA estimates L & N Bridge LLC's annual revenue at about $19.0M (likely between $12.5M and $21.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is L & N Bridge LLC worth?
About $6.3M, roughly 3.4× its estimated EBITDA of $1.9M, typical for a highway, street, and bridge construction company its size. Likely range: $3.3M–$8.7M.
How many employees does L & N Bridge LLC have?
About 40, from its 2023 retirement-plan filing.
When was L & N Bridge LLC founded?
L & N Bridge LLC has been in business since 1999.