Second Chance and Reentry Services, Inc.
How we got $368K
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 Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
Second Chance and Reentry Services, Inc. (SCARS) is a nonprofit that provides court-ordered assessments, educational classes, individual and family therapy, and clinical treatment programs to offenders and victims affected by trauma, substance abuse, mental illness or criminal behavior.
From the company's website. Industry: Doctors & clinics.
Estimated value over time
▲ 48% 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 |
|---|---|---|
| SECOND CHANCE AND REENTRY SERVICES, INC. this business | $684K | — |
| CENTER FOR POSITIVE CHANGE INC. Mustang · 7 employees | $1.3M | 0.1 mi |
| HOMETOWN URGENT CARE, LLC Mustang · 3 employees | $1.5M | 0.2 mi |
| MUSTANG PREGNANCY CENTER, INC. Mustang · 2 employees | $403K | 0.2 mi |
| Your Health & Wellness Mustang | $7.8M | 0.7 mi |
| LEGACY FAMILY SERVICES INC. Mustang · 2 employees | $437K | 1.0 mi |
| Emergency Room at SSM Health St Anthony Healthplex Mustang | $2.0M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $962K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $374K |
| Estimate: the two combined (geometric mean) | $684K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $147K |
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 | $368K |
| Multiple for this size and industry | 2.5× |
| Value range | $194K – $504K |
| Revenue range | $450K – $780K |
| EBITDA range | $97K – $168K |
| Industry (NAICS) | Outpatient Mental Health and Substance Abuse Centers (621420) |
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
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 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 | $16K | 3 |
| 1/25/2021 | second | $19K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Second Chance and Reentry Services, Inc.
Second Chance and Reentry Services, Inc. is a doctors & clinics company in Mustang, Oklahoma, in business since 2009. It is owned by Linda Compton (Founder). Its estimated annual revenue is about $684K, with roughly $147K of EBITDA. It has about 4 employees. Its estimated business value is $368K (likely range $194K–$504K).
Common questions
- Who owns Second Chance and Reentry Services, Inc.?
- Second Chance and Reentry Services, Inc. is owned by Linda Compton (Founder), according to public sources such as the company's website or filings.
- How much revenue does Second Chance and Reentry Services, Inc. make?
- SeeBITDA estimates Second Chance and Reentry Services, Inc.'s annual revenue at about $684K (likely between $450K and $780K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Second Chance and Reentry Services, Inc. worth?
- About $368K, roughly 2.5× its estimated EBITDA of $147K, typical for a doctors & clinics company its size. Likely range: $194K–$504K.
- How many employees does Second Chance and Reentry Services, Inc. have?
- About 4, as reported on its PPP loan.
- When was Second Chance and Reentry Services, Inc. founded?
- Second Chance and Reentry Services, Inc. has been in business since 2009.