Covenant Homes, LLC
How we got $860K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▼ 1% 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 |
|---|---|---|
| COVENANT HOMES, LLC this business | $1.1M | — |
| OPEN HOUSES OF OKLAHOMA, LLC Norman · 4 employees | $2.2M | 0.4 mi |
| FLESKE HOLDING COMPANY, LLC Norman · 10 employees | $2.8M | 0.4 mi |
| 316 MANAGEMENT LLC Norman · 1 employees | $377K | 0.4 mi |
| HENSCHEL LAND SERVICES, INC. Norman · 1 employees | $561K | 0.6 mi |
| OLDE WORLD HOMES, INC Norman · 3 employees | $1.1M | 0.6 mi |
| LEGENDARY FLIPS LLC Norman · 3 employees | $996K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $233K |
| Revenue = employees × revenue per employee | $1.1M |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $358K |
| Cross-check: revenue implied by PPP payroll | $305K |
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 | $860K |
| Multiple for this size and industry | 2.4× |
| Value range | $407K – $1.2M |
| Revenue range | $663K – $1.3M |
| EBITDA range | $212K – $424K |
| Industry (NAICS) | Other Activities Related to Real Estate (531390) |
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
History & advisors
Advisors
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $9K | 2 |
About Covenant Homes, LLC
Covenant Homes, LLC is an other activities related to real estate company in Norman, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $358K of EBITDA. It has about 2 employees. Its estimated business value is $860K (likely range $407K–$1.2M).
Common questions
- Who owns Covenant Homes, LLC?
- The owner of Covenant Homes, LLC 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 Covenant Homes, LLC make?
- SeeBITDA estimates Covenant Homes, LLC's annual revenue at about $1.1M (likely between $663K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Covenant Homes, LLC worth?
- About $860K, roughly 2.4× its estimated EBITDA of $358K, typical for a other activities related to real estate company its size. Likely range: $407K–$1.2M.
- How many employees does Covenant Homes, LLC have?
- About 2, as reported on its PPP loan.