How we got $62.2M
Based on its 195 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SARACEN DEVELOPMENT, LLC this business | $62.2M | — |
| DOWNSTREAM DEVELOPMENT AUTHORITY OF THE QUAPAW TRIBE OF OK O Quapaw · 500 employees | $189.9M | 0.3 mi |
| DOWNSTREAM GOLF CLUB, LLC Quapaw · 20 employees | $8.3M | 0.4 mi |
| DOWNSTREAM Q STORE, LLC Quapaw · 21 employees | $9.3M | 0.5 mi |
| The Colonel's Castle Miami | $1.9M | 6.7 mi |
| Spring River Fishing Cabins Miami | $1.9M | 7.2 mi |
| QUAPAW CASINO AUTHORITY OF THE QUAPAW TRIBE OF OKLAHOMA (O-G Miami · 95 employees | $36.7M | 7.6 mi |
The full calculation
| Employees reported to the SBA | 195 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $57.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $52.0M |
| Estimate: the two combined (geometric mean) | $62.2M |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $12.8M |
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.
| Revenue range | $40.9M – $71.0M |
| EBITDA range | $8.4M – $14.6M |
| Industry (NAICS) | Casino Hotels (721120) |
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
- BankingSimmons 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 Roles are as stated there and may be out of date.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
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $1.4M | 195 |
About Saracen Development, LLC
Saracen Development, LLC is a hotels & motels company in Quapaw, Oklahoma. Its estimated annual revenue is about $62.2M, with roughly $12.8M of EBITDA. It has about 195 employees.
Common questions
- Who owns Saracen Development, LLC?
- The owner of Saracen Development, LLC 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 Saracen Development, LLC make?
- SeeBITDA estimates Saracen Development, LLC's annual revenue at about $62.2M (likely between $40.9M and $71.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Saracen Development, LLC have?
- About 195, as reported on its PPP loan.