Springboard Virtual Reality, Inc
How we got $2.9M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 2% 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 |
|---|---|---|
| SPRINGBOARD VIRTUAL REALITY, INC this business | $3.5M | — |
| INTELEK TECHNOLOGIES LLC Norman · 22 employees | $7.3M | 1.1 mi |
| AUDIVERO LLC Norman | $2.1M | 5.5 mi |
| DATARAY, INC. Oklahoma City · 9 employees | $4.0M | 14.6 mi |
| STOUT SOFTWARE LLC Oklahoma City · 2 employees | $1.3M | 16.1 mi |
| LONG WAVE, INC. Oklahoma City · 76 employees | $36.5M | 18.1 mi |
| RFX SOLUTIONS, INC Oklahoma City | $8.9M | 20.7 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $755K |
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 | $2.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.5M – $3.9M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $496K – $860K |
| Industry (NAICS) | Information (511210) |
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
Advisors
- BankingThe Citizens Bank of EdmondPPP / 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 Roles are as stated there and may be out of date.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
| The Citizens Bank of Edmond PPP 2020, PPP 2021 | All 502 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 | $111K | 9 |
| 1/19/2021 | second | $108K | 6 |
About Springboard Virtual Reality, Inc
Springboard Virtual Reality, Inc is an information company in Norman, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $755K of EBITDA. It has about 9 employees. Its estimated business value is $2.9M (likely range $1.5M–$3.9M).
Common questions
- Who owns Springboard Virtual Reality, Inc?
- The owner of Springboard Virtual Reality, 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 Springboard Virtual Reality, Inc make?
- SeeBITDA estimates Springboard Virtual Reality, Inc's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Springboard Virtual Reality, Inc worth?
- About $2.9M, roughly 3.8× its estimated EBITDA of $755K, typical for a information company its size. Likely range: $1.5M–$3.9M.
- How many employees does Springboard Virtual Reality, Inc have?
- About 9, as reported on its PPP loan.