Vernon L. Smith and Associates, Inc.
How we got $3.9M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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 |
|---|---|---|
| VERNON L. SMITH AND ASSOCIATES, INC. this business | $4.1M | — |
| THE WILLIS W. DUNCAN TRUST Norman · 2 employees | $1.1M | 0.4 mi |
| RANGER OIL & GAS PROPERTIES INC. Norman · 1 employees | $713K | 0.4 mi |
| ARIA REAL ESTATE GROUP, LLC Norman · 10 employees | $7.2M | 0.8 mi |
| Amazing Space Storage Norman | $1.7M | 0.8 mi |
| Public Storage Norman | $1.7M | 0.8 mi |
| INOK INVESTMENTS, LLC Norman · 8 employees | $4.2M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $4.1M |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.0M – $5.3M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $708K – $1.2M |
| Industry (NAICS) | Lessors of Other Real Estate Property (531190) |
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. 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/11/2020 | first | $63K | 7 |
| 1/20/2021 | second | $63K | 6 |
About Vernon L. Smith and Associates, Inc.
Vernon L. Smith and Associates, Inc. is a lessors of other real estate property company in Norman, Oklahoma. Its estimated annual revenue is about $4.1M, with roughly $1.1M of EBITDA. It has about 7 employees. Its estimated business value is $3.9M (likely range $2.0M–$5.3M).
Common questions
- Who owns Vernon L. Smith and Associates, Inc.?
- The owner of Vernon L. Smith and Associates, 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 Vernon L. Smith and Associates, Inc. make?
- SeeBITDA estimates Vernon L. Smith and Associates, Inc.'s annual revenue at about $4.1M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vernon L. Smith and Associates, Inc. worth?
- About $3.9M, roughly 3.6× its estimated EBITDA of $1.1M, typical for a lessors of other real estate property company its size. Likely range: $2.0M–$5.3M.
- How many employees does Vernon L. Smith and Associates, Inc. have?
- About 7, as reported on its PPP loan.