First Star Homes, Inc
How we got $929K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 33% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIRST STAR HOMES, INC this business | $6.6M | — |
| IMMANUEL HAPPY HOMES LLC Oklahoma City · 17 employees | $26.4M | 0.2 mi |
| IMMANUEL PROPERTIES LLC Oklahoma City · 29 employees | $49.5M | 0.2 mi |
| PHILLIPS QUALITY CONSTRUCTION CORPORATION Oklahoma City · 5 employees | $5.3M | 0.7 mi |
| DHC RENOVATIONS, LLC Warr Acres · 16 employees | $6.3M | 0.8 mi |
| ASHMORE CONSTRUCTION LLC Oklahoma City · 1 employees | $377K | 0.9 mi |
| SOUTHWEST BUILDERS REMODELING INC Oklahoma City · 7 employees | $2.2M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.0M |
| Estimate: the two combined (geometric mean) | $6.6M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $404K |
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 | $929K |
| Multiple for this size and industry | 2.3× |
| Value range | $489K – $1.3M |
| Revenue range | $4.3M – $7.5M |
| EBITDA range | $266K – $461K |
| Industry (NAICS) | New Housing For-Sale Builders (236117) |
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
- BankingValor Bank, Live Oak Banking Company, Northeast 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 Roles are as stated there and may be out of date.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
| BayFirst National Bank 7(a) 2024 | All 47 borrowers → |
| Live Oak Banking Company 7(a) 2026 | All 75 borrowers → |
| Northeast Bank 7(a) 2026 | All 77 borrowers → |
| The Huntington National Bank 7(a) 2025 | All 21 borrowers → |
| Valor Bank PPP 2020, PPP 2021 | All 81 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $53K | 5 |
| 1/19/2021 | second | $52K | 5 |
Public records
| Mar 2026 | 7(a) | $350K |
| Feb 2026 | 7(a) | $350K |
| Apr 2025 | 7(a) | $500K |
| Aug 2024 | 7(a) | $150K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Star Homes, Inc
First Star Homes, Inc is a home builders company in Oklahoma City, Oklahoma. It is owned by Benjamin Turner Jr (President). Its estimated annual revenue is about $6.6M, with roughly $404K of EBITDA. It has about 5 employees. Its estimated business value is $929K (likely range $489K–$1.3M).
Common questions
- Who owns First Star Homes, Inc?
- First Star Homes, Inc is owned by Benjamin Turner Jr (President), according to public sources such as the company's website or filings.
- How much revenue does First Star Homes, Inc make?
- SeeBITDA estimates First Star Homes, Inc's annual revenue at about $6.6M (likely between $4.3M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Star Homes, Inc worth?
- About $929K, roughly 2.3× its estimated EBITDA of $404K, typical for a home builders company its size. Likely range: $489K–$1.3M.
- How many employees does First Star Homes, Inc have?
- About 5, as reported on its PPP loan.