Forrest Homes Inc.
How we got $2.8M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 14% 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 |
|---|---|---|
| FORREST HOMES INC. this business | $3.3M | — |
| DEVOL REAL ESTATE ASSET MANAGMENT, LLC Edmond · 1 employees | $433K | 0.1 mi |
| ABAB, INC. Edmond · 1 employees | $648K | 0.7 mi |
| MARIA CARDONA Edmond · 2 employees | $1.5M | 0.7 mi |
| Dollar Storage Edmond | $1.7M | 0.7 mi |
| Extra Space Storage Edmond | $1.7M | 0.7 mi |
| CHURCHILL BROWN COMPANIES, LLC Edmond · 6 employees | $3.7M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $948K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.9M |
| Revenue range | $2.2M – $3.7M |
| EBITDA range | $623K – $1.1M |
| Industry (NAICS) | Lessors of Nonresidential Buildings (except Miniwarehouses) (531120) |
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
- BankingBank of America, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2020 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $51K | 6 |
About Forrest Homes Inc.
Forrest Homes Inc. is a lessors of nonresidential buildings (except miniwarehouses) company in Edmond, Oklahoma. Its estimated annual revenue is about $3.3M, with roughly $948K of EBITDA. It has about 6 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns Forrest Homes Inc.?
- The owner of Forrest Homes Inc. 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 Forrest Homes Inc. make?
- SeeBITDA estimates Forrest Homes Inc.'s annual revenue at about $3.3M (likely between $2.2M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Forrest Homes Inc. worth?
- About $2.8M, roughly 3× its estimated EBITDA of $948K, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $1.5M–$3.9M.
- How many employees does Forrest Homes Inc. have?
- About 6, as reported on its PPP loan.