R&s Ram Drilling Inc
How we got $1.7M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 5% 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 |
|---|---|---|
| R&S RAM DRILLING INC this business | $1.9M | — |
| ELLIOTT OIL & GAS INC Cookson · 2 employees | $1.1M | 20.0 mi |
| Turner's LP Gas Locust Grove | $1.5M | 27.4 mi |
| Mayes County Propane Wagoner | $1.5M | 30.0 mi |
| RF PRODUCTS INC Chouteau · 41 employees | $13.7M | 31.6 mi |
| FORD OIL & GAS INC. Vian · 2 employees | $1.0M | 32.1 mi |
| EGRET OPERATING COMPANY Muskogee · 2 employees | $976K | 32.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $563K |
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 | $1.7M |
| Multiple for this size and industry | 3× |
| Value range | $888K – $2.3M |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $370K – $642K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $37K | 4 |
| 3/3/2021 | second | $37K | 4 |
About R&s Ram Drilling Inc
R&s Ram Drilling Inc is an oil & gas company in Tahlequah, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $563K of EBITDA. It has about 4 employees. Its estimated business value is $1.7M (likely range $888K–$2.3M).
Common questions
- Who owns R&s Ram Drilling Inc?
- The owner of R&s Ram Drilling 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 R&s Ram Drilling Inc make?
- SeeBITDA estimates R&s Ram Drilling Inc's annual revenue at about $1.9M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is R&s Ram Drilling Inc worth?
- About $1.7M, roughly 3× its estimated EBITDA of $563K, typical for a oil & gas company its size. Likely range: $888K–$2.3M.
- How many employees does R&s Ram Drilling Inc have?
- About 4, as reported on its PPP loan.