Changing Places
How we got $41K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 55% since 2021Today'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 |
|---|---|---|
| CHANGING PLACES this business | $245K | — |
| COLONY CONSTRUCTION INC. Oklahoma City · 2 employees | $2.3M | 1.4 mi |
| TERRY COVEY CONSTRUCTION, INC. Oklahoma City · 4 employees | $6.2M | 1.8 mi |
| JUSTICE HOMES INC Oklahoma City · 4 employees | $6.2M | 2.5 mi |
| ABIDE HOMES, LLC Oklahoma City · 2 employees | $2.0M | 2.8 mi |
| DODSON CUSTOM HOMES 1, L.L.C. Oklahoma City · 7 employees | $5.1M | 2.8 mi |
| UNLIMITED VISION LLC Oklahoma City · 1 employees | $618K | 3.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $340K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $136K |
| Estimate: the two combined (geometric mean) | $245K |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $21K |
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 | $41K |
| Multiple for this size and industry | 1.9× |
| Value range | $21K – $56K |
| Revenue range | $161K – $279K |
| EBITDA range | $14K – $24K |
| Industry (NAICS) | Residential Remodelers (236118) |
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
- BankingPrestamos CDFI, LLCPPP / 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 Roles are as stated there and may be out of date.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
| Prestamos CDFI, LLC PPP 2021 | All 191 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/23/2021 | first | $3K | 1 |
About Changing Places
Changing Places is a home builders company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $245K, with roughly $21K of EBITDA. It has about 1 employees. Its estimated business value is $41K (likely range $21K–$56K).
Common questions
- Who owns Changing Places?
- The owner of Changing Places 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 Changing Places make?
- SeeBITDA estimates Changing Places's annual revenue at about $245K (likely between $161K and $279K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Changing Places worth?
- About $41K, roughly 1.9× its estimated EBITDA of $21K, typical for a home builders company its size. Likely range: $21K–$56K.
- How many employees does Changing Places have?
- About 1, as reported on its PPP loan.