Forest Ridge Development
How we got $12.8M
Based on its 74 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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 44% 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 |
|---|---|---|
| FOREST RIDGE DEVELOPMENT this business | $61.8M | — |
| HOPTON CONTRACTING 2 , LLC Broken Arrow · 1 employees | $600K | 0.3 mi |
| HICKORY CONSTRUCTION SERVICES LLC Broken Arrow · 3 employees | $1.9M | 1.1 mi |
| ADMIRE HOMES LLC Broken Arrow · 1 employees | $1.2M | 1.7 mi |
| VILLA HOMES, LLC Broken Arrow · 3 employees | $2.5M | 2.1 mi |
| STEVE TRAVIS Broken Arrow · 1 employees | $432K | 2.2 mi |
| K&W INSURANCE LLC Broken Arrow · 1 employees | $807K | 2.2 mi |
The full calculation
| Employees reported to the SBA | 74 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $81.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $35.8M |
| Estimate: the two combined (geometric mean) | $61.8M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $3.1M |
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 | $12.8M |
| Multiple for this size and industry | 4.1× |
| Value range | $6.7M – $17.5M |
| Revenue range | $40.6M – $70.4M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
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
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 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 | $427K | 74 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Forest Ridge Development
Forest Ridge Development is a home builders company in Broken Arrow, Oklahoma, in business since 1996. Its estimated annual revenue is about $61.8M, with roughly $3.1M of EBITDA. It has about 74 employees. Its estimated business value is $12.8M (likely range $6.7M–$17.5M).
Common questions
- Who owns Forest Ridge Development?
- The owner of Forest Ridge Development 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 Forest Ridge Development make?
- SeeBITDA estimates Forest Ridge Development's annual revenue at about $61.8M (likely between $40.6M and $70.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Forest Ridge Development worth?
- About $12.8M, roughly 4.1× its estimated EBITDA of $3.1M, typical for a home builders company its size. Likely range: $6.7M–$17.5M.
- How many employees does Forest Ridge Development have?
- About 74, as reported on its PPP loan.
- When was Forest Ridge Development founded?
- Forest Ridge Development has been in business since 1996.