Ragin Cajun Sandblasting & Painting LLC
How we got $628K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| RAGIN CAJUN SANDBLASTING & PAINTING LLC this business | $2.3M | — |
| COSMETIC SOLUTIONS INCORPORATED Enid · 1 employees | $463K | 1.0 mi |
| LANG POOL AND OUTDOORS LLC Enid · 1 employees | $538K | 1.1 mi |
| INVINCIBLE CONTRACTING LLC Enid · 3 employees | $1.3M | 1.5 mi |
| DERSHEM ENTERPRISES LLC Enid · 1 employees | $426K | 2.0 mi |
| TOP LINE SERVICES LLC Enid · 1 employees | $714K | 2.0 mi |
| LANG POOL & OUTDOORS LLC Enid · 1 employees | $462K | 2.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $273K |
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 | $628K |
| Multiple for this size and industry | 2.3× |
| Value range | $330K – $859K |
| Revenue range | $1.5M – $2.7M |
| EBITDA range | $179K – $311K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
People & advisors
Advisors
- BankingThe First State Bank of Pond CreekPPP / 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 Roles are as stated there and may be out of date.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
| The First State Bank of Pond Creek PPP 2020, PPP 2021 | All 39 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $42K | 7 |
| 2/11/2021 | second | $36K | 4 |
About Ragin Cajun Sandblasting & Painting LLC
Ragin Cajun Sandblasting & Painting LLC is a fencing, siding & exterior company in Enid, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $273K of EBITDA. It has about 7 employees. Its estimated business value is $628K (likely range $330K–$859K).
Common questions
- Who owns Ragin Cajun Sandblasting & Painting LLC?
- The owner of Ragin Cajun Sandblasting & Painting 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 Ragin Cajun Sandblasting & Painting LLC make?
- SeeBITDA estimates Ragin Cajun Sandblasting & Painting LLC's annual revenue at about $2.3M (likely between $1.5M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ragin Cajun Sandblasting & Painting LLC worth?
- About $628K, roughly 2.3× its estimated EBITDA of $273K, typical for a fencing, siding & exterior company its size. Likely range: $330K–$859K.
- How many employees does Ragin Cajun Sandblasting & Painting LLC have?
- About 7, as reported on its PPP loan.