Melvin Ray Cyphers
How we got $394K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| MELVIN RAY CYPHERS this business | $501K | — |
| ALTUREX, LLC Guthrie · 15 employees | $6.0M | 1.4 mi |
| OBRIEN OIL CORPORATION Guthrie · 4 employees | $1.5M | 1.4 mi |
| JEFFRIES PUMPING SERVICE INC Guthrie · 6 employees | $2.1M | 1.8 mi |
| O'BRIEN OIL CORPORATION Guthrie · 4 employees | $1.6M | 1.9 mi |
| PINTAIL OILFIELD SERVICES, LLC Guthrie · 4 employees | $1.3M | 2.1 mi |
| LOTUS MINERALS LLC Guthrie · 1 employees | $604K | 2.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $471K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $410K |
| Estimate: the two combined (geometric mean) | $501K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $197K |
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 | $394K |
| Multiple for this size and industry | 2× |
| Value range | $207K – $539K |
| Revenue range | $329K – $571K |
| EBITDA range | $130K – $225K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $10K | 1 |
About Melvin Ray Cyphers
Melvin Ray Cyphers is an oil & gas company in Guthrie, Oklahoma. Its estimated annual revenue is about $501K, with roughly $197K of EBITDA. It has about 1 employees. Its estimated business value is $394K (likely range $207K–$539K).
Common questions
- Who owns Melvin Ray Cyphers?
- The owner of Melvin Ray Cyphers 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 Melvin Ray Cyphers make?
- SeeBITDA estimates Melvin Ray Cyphers's annual revenue at about $501K (likely between $329K and $571K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Melvin Ray Cyphers worth?
- About $394K, roughly 2× its estimated EBITDA of $197K, typical for a oil & gas company its size. Likely range: $207K–$539K.
- How many employees does Melvin Ray Cyphers have?
- About 1, as reported on its PPP loan.