Bordwine Development, Inc.
How we got $2.4M
Based on its 22 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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 28% 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 |
|---|---|---|
| BORDWINE DEVELOPMENT, INC. this business | $17.2M | — |
| VIZION ENVIRONMENTAL SERVICES LLC Chickasha · 1 employees | $849K | 0.0 mi |
| CMSWILLOWBROOK INC. Chickasha · 76 employees | $104.3M | 1.1 mi |
| CONSTRUCTION MANAGEMENT SPECIALISTS, LLC Chickasha · 2 employees | $1.7M | 1.1 mi |
| CMS WILLOWBROOK INC Chickasha · 85 employees | $112.6M | 1.1 mi |
| ELITE STAR CONSTRUCTION LLC Chickasha · 5 employees | $3.6M | 1.5 mi |
| CHAR DON BUILDERS, INC Chickasha · 3 employees | $2.3M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.4M |
| Estimate: the two combined (geometric mean) | $17.2M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $866K |
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 | $2.4M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $11.3M – $19.6M |
| EBITDA range | $570K – $988K |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $125K | 7 |
| 1/22/2021 | second | $125K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bordwine Development, Inc.
Bordwine Development, Inc. is a commercial construction company in Chickasha, Oklahoma, in business since 1999. It is owned by Brannan Bordwine (President). Its estimated annual revenue is about $17.2M, with roughly $866K of EBITDA. It has about 22 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Bordwine Development, Inc.?
- Bordwine Development, Inc. is owned by Brannan Bordwine (President), according to public sources such as the company's website or filings.
- How much revenue does Bordwine Development, Inc. make?
- SeeBITDA estimates Bordwine Development, Inc.'s annual revenue at about $17.2M (likely between $11.3M and $19.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bordwine Development, Inc. worth?
- About $2.4M, roughly 2.8× its estimated EBITDA of $866K, typical for a commercial construction company its size. Likely range: $1.3M–$3.3M.
- How many employees does Bordwine Development, Inc. have?
- About 22, as reported on its PPP loan.
- When was Bordwine Development, Inc. founded?
- Bordwine Development, Inc. has been in business since 1999.