Ideal Homes of Norman, LP
How we got $35.5M
Based on its 102 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| IDEAL HOMES OF NORMAN, LP this business | $163.9M | — |
| MSM INC Norman · 2 employees | $1.8M | 0.3 mi |
| ARMSTRONG HOMES INC Norman · 1 employees | $781K | 0.4 mi |
| PZ PROPERTIES, LLC Norman · 1 employees | $637K | 0.4 mi |
| JSH INVESTMENTS, LLC Norman · 2 employees | $1.5M | 0.7 mi |
| METRO CONTRACTORS & SUPPLY, INC. Norman · 8 employees | $2.6M | 0.7 mi |
| BROOKFIELD CUSTOM HOMES LLC Norman · 12 employees | $18.7M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 102 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $152.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $135.1M |
| Estimate: the two combined (geometric mean) | $163.9M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $7.2M |
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 | $35.5M |
| Multiple for this size and industry | 4.9× |
| Value range | $18.7M – $48.6M |
| Revenue range | $107.8M – $186.9M |
| EBITDA range | $4.8M – $8.3M |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
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
- BankingCrossFirst 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 Roles are as stated there and may be out of date.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
| CrossFirst Bank PPP 2020 | All 299 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 | $1.4M | 102 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ideal Homes of Norman, LP
Ideal Homes of Norman, LP is a home builders company in Norman, Oklahoma. It is owned by Vernon McKown (Owner, Founder and CEO). Its estimated annual revenue is about $163.9M, with roughly $7.2M of EBITDA. It has about 102 employees. Its estimated business value is $35.5M (likely range $18.7M–$48.6M).
Common questions
- Who owns Ideal Homes of Norman, LP?
- Ideal Homes of Norman, LP is owned by Vernon McKown (Owner, Founder and CEO), according to public sources such as the company's website or filings.
- How much revenue does Ideal Homes of Norman, LP make?
- SeeBITDA estimates Ideal Homes of Norman, LP's annual revenue at about $163.9M (likely between $107.8M and $186.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ideal Homes of Norman, LP worth?
- About $35.5M, roughly 4.9× its estimated EBITDA of $7.2M, typical for a home builders company its size. Likely range: $18.7M–$48.6M.
- How many employees does Ideal Homes of Norman, LP have?
- About 102, as reported on its PPP loan.