Rsm Development, Inc.
How we got $26.4M
Based on its 97 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 33% 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 |
|---|---|---|
| RSM DEVELOPMENT, INC. this business | $122.0M | — |
| PENNINGTON TUBULAR PRODUCTS LLC Oklahoma City · 2 employees | $2.9M | 1.0 mi |
| IA CONSTRUCTION LLC Oklahoma City · 4 employees | $4.2M | 1.3 mi |
| L and L Kitchen and Bath Oklahoma City | $2.0M | 1.3 mi |
| Randolph Design and Build Oklahoma City | $2.4M | 1.8 mi |
| JUSTIN DALLAS CONSTRUCTION LLC Del City · 31 employees | $32.8M | 2.0 mi |
| American Eagle Builders Supply Oklahoma City | $4.0M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 97 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $139.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $81.9M |
| Estimate: the two combined (geometric mean) | $122.0M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $5.4M |
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 | $26.4M |
| Multiple for this size and industry | 4.9× |
| Value range | $13.9M – $36.2M |
| Revenue range | $80.3M – $139.1M |
| EBITDA range | $3.5M – $6.1M |
| Industry (NAICS) | New Housing For-Sale Builders (236117) |
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
- BankingLegacy Bank, First State 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 Roles are as stated there and may be out of date.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
| First State Bank PPP 2021 | All 268 borrowers → |
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $914K | 67 |
| 1/16/2021 | second | $1.0M | 97 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rsm Development, Inc.
Rsm Development, Inc. is a home builders company in Oklahoma City, Oklahoma, in business since 2018. Its estimated annual revenue is about $122.0M, with roughly $5.4M of EBITDA. It has about 97 employees. Its estimated business value is $26.4M (likely range $13.9M–$36.2M).
Common questions
- Who owns Rsm Development, Inc.?
- The owner of Rsm Development, 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 Rsm Development, Inc. make?
- SeeBITDA estimates Rsm Development, Inc.'s annual revenue at about $122.0M (likely between $80.3M and $139.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rsm Development, Inc. worth?
- About $26.4M, roughly 4.9× its estimated EBITDA of $5.4M, typical for a home builders company its size. Likely range: $13.9M–$36.2M.
- How many employees does Rsm Development, Inc. have?
- About 97, as reported on its PPP loan.
- When was Rsm Development, Inc. founded?
- Rsm Development, Inc. has been in business since 2018.