Absolute Resource Development Inc
How we got $232K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| ABSOLUTE RESOURCE DEVELOPMENT INC this business | $610K | — |
| Big Rock Entertainment Tulsa | $1.1M | 0.4 mi |
| Main Event Entertainment Tulsa | $1.1M | 0.4 mi |
| White House Mansion Tulsa | $2.3M | 0.6 mi |
| Dope Soul Catering & Food Truck Tulsa | $1.1M | 0.9 mi |
| Ladyfingers Catering & Party Planning Tulsa | $1.1M | 0.9 mi |
| Delta Echo Event Center Tulsa | $1.1M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $407K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $704K |
| Estimate: the two combined (geometric mean) | $610K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $93K |
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 | $232K |
| Multiple for this size and industry | 2.5× |
| Value range | $122K – $318K |
| Revenue range | $401K – $696K |
| EBITDA range | $61K – $106K |
| Industry (NAICS) | Convention and Trade Show Organizers (561920) |
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
- BankingTriad Bank, National Association, Grand 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 Roles are as stated there and may be out of date.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
| Grand Bank PPP 2021 | All 407 borrowers → |
| Triad Bank, National Association PPP 2020 | All 138 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $17K | 1 |
| 2/3/2021 | second | $17K | 1 |
About Absolute Resource Development Inc
Absolute Resource Development Inc is a convention and trade show organizers company in Tulsa, Oklahoma. Its estimated annual revenue is about $610K, with roughly $93K of EBITDA. It has about 1 employees. Its estimated business value is $232K (likely range $122K–$318K).
Common questions
- Who owns Absolute Resource Development Inc?
- The owner of Absolute Resource Development 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 Absolute Resource Development Inc make?
- SeeBITDA estimates Absolute Resource Development Inc's annual revenue at about $610K (likely between $401K and $696K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Absolute Resource Development Inc worth?
- About $232K, roughly 2.5× its estimated EBITDA of $93K, typical for a convention and trade show organizers company its size. Likely range: $122K–$318K.
- How many employees does Absolute Resource Development Inc have?
- About 1, as reported on its PPP loan.