Red Dirt Lending
How we got $1.3M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Red Dirt Home Solutions sells homes directly to families in Central Oklahoma through owner financing, contract for deed, and lease option / rent-to-own arrangements, with no bank or mortgage approval involved.
From the company's website. Industry: Finance and insurance.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Red Dirt Lending this business | $1.1M | — |
| Del Taco Edmond | $1.1M | 0.0 mi |
| Kenneth Blevins - 1015 Waterwood Pkwy Edmond | $806K | 0.2 mi |
| The Hermes Insurance Group Llc Edmond | $806K | 0.2 mi |
| Goosehead Insurance - Jarrad Mcmillan The Mcmillan Agency Edmond | $806K | 0.2 mi |
| Western Union Edmond | $1.1M | 0.2 mi |
| Knights of Columbus Insurance - Pierce Agency Edmond | $806K | 0.2 mi |
The full calculation
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 | $1.3M |
| Multiple for this size and industry | 3× |
| Value range | $437K – $2.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Finance and insurance businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (41%). Treat these as a rough guide.
| Revenue range | $443K – $1.4M |
| EBITDA range | $182K – $596K |
| Industry (NAICS) | Finance and insurance (52) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Red Dirt Lending
Red Dirt Lending is a finance and insurance company in Edmond, Oklahoma, in business since 2023. It is owned by Scott McLain. Its estimated annual revenue is about $1.1M, with roughly $439K of EBITDA. Its estimated business value is $1.3M (likely range $437K–$2.1M).
Common questions
- Who owns Red Dirt Lending?
- Red Dirt Lending is owned by Scott McLain, according to public sources such as the company's website or filings.
- How much revenue does Red Dirt Lending make?
- SeeBITDA estimates Red Dirt Lending's annual revenue at about $1.1M (likely between $443K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Dirt Lending worth?
- About $1.3M, roughly 3× its estimated EBITDA of $439K, typical for a finance and insurance company its size. Likely range: $437K–$2.1M.
- When was Red Dirt Lending founded?
- Red Dirt Lending has been in business since 2023.