Interstate Properties, Inc.
How we got $2.4M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 73 years (since 1953)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Interstate Properties, Inc. is a residential and commercial real estate company in Muskogee, OK, offering sales, development, leasing and management of real estate. It serves clients buying or selling homes, business locations and real estate investments.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Estimated value over time
▲ 40% 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 |
|---|---|---|
| INTERSTATE PROPERTIES, INC. this business | $2.8M | — |
| Pioneer Closing Services Muskogee | $959K | 0.1 mi |
| The Fuller Agency, Inc. Muskogee | $1.9M | 0.1 mi |
| Muskogee Office and Retail space Muskogee | $959K | 0.1 mi |
| Lake Moore Real Estate, Inc. Muskogee | $959K | 0.1 mi |
| Leader Mortgage Corp. Muskogee | $959K | 0.2 mi |
| Red Oak Realty Muskogee | $959K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $801K |
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 | $2.4M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.3M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $527K – $914K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
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
“Working for Interstate Properties, Inc. a company founded by Earnie’s grandfather in 1953, he obtained a broker’s license in 1978, and was…”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $55K | 3 |
| 2/27/2021 | second | $48K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Interstate Properties, Inc.
Interstate Properties, Inc. is an offices of real estate agents and brokers company in Muskogee, Oklahoma, in business since 1953. It is owned by Earnie Gilder (Broker). Its estimated annual revenue is about $2.8M, with roughly $801K of EBITDA. It has about 4 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Interstate Properties, Inc.?
- Interstate Properties, Inc. is owned by Earnie Gilder (Broker), according to public sources such as the company's website or filings.
- How much revenue does Interstate Properties, Inc. make?
- SeeBITDA estimates Interstate Properties, Inc.'s annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Interstate Properties, Inc. worth?
- About $2.4M, roughly 3× its estimated EBITDA of $801K, typical for a offices of real estate agents and brokers company its size. Likely range: $1.3M–$3.3M.
- How many employees does Interstate Properties, Inc. have?
- About 4, as reported on its PPP loan.
- When was Interstate Properties, Inc. founded?
- Interstate Properties, Inc. has been in business since 1953.
- Is Interstate Properties, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 73 years (since 1953); no family successor named on its website.