Statewide Residential Roofing Inc.
How we got $1.8M
Based on its 13 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 31 years (since 1995)
- Founder still runs it after 31 years
From public records and the company's website, not a statement that it's for sale.
What they do
Statewide Roofing Inc. is a third-generation, family-owned residential and commercial roofing company that says it services all of Oklahoma.
From the company's website. Industry: Roofing.
Customers & suppliers
Suppliers & brands
- Service Finance Company, LLC · brand it sells or installs
- TruDefinition Duration Shingles · brand it sells or installs
Estimated value over time
▲ 32% 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 |
|---|---|---|
| STATEWIDE RESIDENTIAL ROOFING INC. this business | $6.1M | — |
| STATE WIDE ROOFING, INC. Oklahoma City · 8 employees | $4.0M | 0.0 mi |
| Vector Roofing Oklahoma City | $2.2M | 0.7 mi |
| Landmark Roofing OK, LLC Oklahoma City | $2.2M | 0.7 mi |
| Bower Commercial and Residential Roofing Oklahoma City | $2.2M | 0.8 mi |
| OWENS CONCRETE STAINING LLC Oklahoma City · 10 employees | $3.6M | 1.4 mi |
| Bohon Roofing Oklahoma City | $2.2M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $6.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $647K |
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 | $1.8M |
| Multiple for this size and industry | 2.8× |
| Value range | $953K – $2.5M |
| Revenue range | $4.0M – $7.0M |
| EBITDA range | $425K – $737K |
| Industry (NAICS) | Roofing Contractors (238160) |
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
“Since 1995, Statewide Roofing has been Oklahoma's reliable and hardworking roofing company.”
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 | $92K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Statewide Residential Roofing Inc.
Statewide Residential Roofing Inc. is a family-owned roofing company in Oklahoma City, Oklahoma, in business since 1995. It is owned by Tony and Dana Gray (Founders). Its estimated annual revenue is about $6.1M, with roughly $647K of EBITDA. It has about 13 employees. Its estimated business value is $1.8M (likely range $953K–$2.5M).
Common questions
- Who owns Statewide Residential Roofing Inc.?
- Statewide Residential Roofing Inc. is owned by Tony and Dana Gray (Founders), according to public sources such as the company's website or filings.
- How much revenue does Statewide Residential Roofing Inc. make?
- SeeBITDA estimates Statewide Residential Roofing Inc.'s annual revenue at about $6.1M (likely between $4.0M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Statewide Residential Roofing Inc. worth?
- About $1.8M, roughly 2.8× its estimated EBITDA of $647K, typical for a roofing company its size. Likely range: $953K–$2.5M.
- How many employees does Statewide Residential Roofing Inc. have?
- About 13, as reported on its PPP loan.
- When was Statewide Residential Roofing Inc. founded?
- Statewide Residential Roofing Inc. has been in business since 1995.
- Is Statewide Residential Roofing Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 31 years (since 1995); founder still runs it after 31 years.