Rain Guard, Inc.
How we got $6.2M
Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 44 years (since 1982)
From public records and the company's website, not a statement that it's for sale.
What they do
Rain Guard, Inc. installs and maintains seamless gutter systems and related drainage and water collection products for homeowners and businesses in the Oklahoma City metro area. It has been in business since 1982 and has offices in Oklahoma City, Norman, and Edmond.
From the company's website. Industry: Roofing.
Customers & suppliers
Customers
- Companies We've Worked With · named on its website
Suppliers & brands
- Gutter Helmet · brand it sells or installs
- Texton · brand it sells or installs
Estimated value over time
▲ 32% 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.
Employees over time
▼ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 38 | $12.9M |
| 2020 | Form 5500 | 29 | $9.9M |
| 2021 | Form 5500 | 30 | $10.2M |
| 2022 | Form 5500 | 30 | $10.2M |
| 2023 | Form 5500 | 30 | $10.2M |
| 2024 | Form 5500 | 31 | $10.5M |
| 2025 | Form 5500 | 33 | $11.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAIN GUARD, INC. this business | $20.9M | — |
| FLYING OUT ROOFING, INC. Edmond · 5 employees | $1.9M | 0.4 mi |
| Regional Roofing And Construction, Llc Edmond | $2.2M | 0.5 mi |
| LAND ENTERPRISES LLC Edmond · 5 employees | $4.0M | 1.0 mi |
| INTEGRITY CONSTRUCTION AND ROOFING, LLC Edmond · 2 employees | $1.2M | 1.7 mi |
| S & CM LLC Edmond · 6 employees | $2.3M | 1.8 mi |
| A-MATHIS ROOFING & CONSTRUCTION, LLC Edmond · 2 employees | $2.0M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.8M |
| Estimate: the two combined (geometric mean) | $20.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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.
| Estimated value = EBITDA × typical sale multiple | $6.2M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.3M – $8.5M |
| Revenue range | $13.8M – $23.9M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Roofing Contractors (238160) |
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
“Rain Guard Inc. was founded by the Bootenhoff family in 1982, but its roots run deeper—grounded in a strong family tradition of hard work and perseverance.”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $401K | 38 |
3 locations
| 6277 BOUCHER DR | Edmond | This listing |
| 3241 Double Drive | Norman | View |
| 919 NW 80th St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rain Guard, Inc.
Rain Guard, Inc. is a family-owned roofing company in Edmond, Oklahoma, in business since 1982. It is owned by J. T.Norman. Its estimated annual revenue is about $20.9M, with roughly $1.8M of EBITDA. It has about 33 employees. Its estimated business value is $6.2M (likely range $3.3M–$8.5M). It has 3 locations.
Common questions
- Who owns Rain Guard, Inc.?
- Rain Guard, Inc. is owned by J. T.Norman, according to public sources such as the company's website or filings.
- How much revenue does Rain Guard, Inc. make?
- SeeBITDA estimates Rain Guard, Inc.'s annual revenue at about $20.9M (likely between $13.8M and $23.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rain Guard, Inc. worth?
- About $6.2M, roughly 3.4× its estimated EBITDA of $1.8M, typical for a roofing company its size. Likely range: $3.3M–$8.5M.
- How many employees does Rain Guard, Inc. have?
- About 33, from its 2025 retirement-plan filing.
- When was Rain Guard, Inc. founded?
- Rain Guard, Inc. has been in business since 1982.