Ongo Express Riverside Ltd
How we got $296K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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 |
|---|---|---|
| ONGO EXPRESS RIVERSIDE LTD this business | $2.6M | — |
| SHAKTI KRUPA, INC. Oklahoma City · 4 employees | $3.7M | 1.7 mi |
| H&M DISCOUNT TOBACCO, LLC Oklahoma City · 3 employees | $2.7M | 2.3 mi |
| PERPETUAL RETAIL INVESTMENT, INC. Oklahoma City · 3 employees | $2.9M | 2.4 mi |
| SANU LLC Oklahoma City · 3 employees | $3.5M | 2.4 mi |
| RAZA INCORPORATED Oklahoma City · 3 employees | $3.5M | 2.6 mi |
| SHIELDS SEVEN STAR INC Oklahoma City · 2 employees | $2.1M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $148K |
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 | $296K |
| Multiple for this size and industry | 2× |
| Value range | $156K – $405K |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $97K – $169K |
| Industry (NAICS) | Retail Trade (447110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingFirst Bank and Trust CoPPP / 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 Roles are as stated there and may be out of date.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
| First Bank and Trust Co PPP 2020, PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/5/2020 | first | $8K | 5 |
| 3/8/2021 | second | $6K | 5 |
About Ongo Express Riverside Ltd
Ongo Express Riverside Ltd is a retail trade company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.6M, with roughly $148K of EBITDA. It has about 5 employees. Its estimated business value is $296K (likely range $156K–$405K).
Common questions
- Who owns Ongo Express Riverside Ltd?
- The owner of Ongo Express Riverside Ltd 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 Ongo Express Riverside Ltd make?
- SeeBITDA estimates Ongo Express Riverside Ltd's annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ongo Express Riverside Ltd worth?
- About $296K, roughly 2× its estimated EBITDA of $148K, typical for a retail trade company its size. Likely range: $156K–$405K.
- How many employees does Ongo Express Riverside Ltd have?
- About 5, as reported on its PPP loan.