New Town Development LLC
How we got $188K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW TOWN DEVELOPMENT LLC this business | $1.5M | — |
| Scissortail Homes Eufaula | $966K | 0.1 mi |
| MATT BURROWS Eufaula · 3 employees | $1.1M | 2.7 mi |
| AFFORDABLE REMODELING SERVICES, INC. Eufaula · 1 employees | $1.5M | 3.2 mi |
| SCISSORTAIL HOMES OF CARLTON LANDING, LLC Carlton Landing | $2.1M | 8.0 mi |
| J DAVIS CONSTRUCTION INC Eufaula · 3 employees | $2.9M | 10.8 mi |
| ON GRADE CONSTRUCTION LLC Checotah · 4 employees | $3.5M | 16.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $885K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $99K |
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 | $188K |
| Multiple for this size and industry | 1.9× |
| Value range | $99K – $258K |
| Revenue range | $965K – $1.7M |
| EBITDA range | $65K – $113K |
| 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
History & 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 Roles are as stated there and may be out of date.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 | $21K | 1 |
About New Town Development LLC
New Town Development LLC is a home builders company in Carlton Landing, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $99K of EBITDA. It has about 1 employees. Its estimated business value is $188K (likely range $99K–$258K).
Common questions
- Who owns New Town Development LLC?
- The owner of New Town Development LLC 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 New Town Development LLC make?
- SeeBITDA estimates New Town Development LLC's annual revenue at about $1.5M (likely between $965K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is New Town Development LLC worth?
- About $188K, roughly 1.9× its estimated EBITDA of $99K, typical for a home builders company its size. Likely range: $99K–$258K.
- How many employees does New Town Development LLC have?
- About 1, as reported on its PPP loan.