Rajon, LLC
How we got $27.5M
Based on its 73 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 34% 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
▲ 14% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 73 | $44.0M |
| 2020 | Form 5500 | 60 | $36.1M |
| 2021 | Form 5500 | 58 | $34.9M |
| 2022 | Form 5500 | 61 | $36.7M |
| 2023 | Form 5500 | 72 | $43.4M |
| 2024 | Form 5500 | 81 | $48.8M |
| 2025 | Form 5500 | 83 | $50.0M |
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 |
|---|---|---|
| RAJON, LLC this business | $37.4M | — |
| MINT TURBINES, LLC Stroud · 43 employees | $27.2M | 14.5 mi |
| SOUTHWEST FUEL SYSTEMS, LLC Stroud · 6 employees | $3.8M | 14.5 mi |
| COVINGTON AIRCRAFT ENGINES, INC. Okmulgee · 113 employees | $65.2M | 27.3 mi |
| SOUTHWEST AVIATION SPECIALTIES, LLC Tulsa · 21 employees | $7.2M | 27.6 mi |
| ADVENT AIRCRAFT SYSTEMS, INC Tulsa · 3 employees | $2.7M | 28.3 mi |
| ETI, INC Tulsa · 18 employees | $10.1M | 34.9 mi |
The full calculation
| Employees reported to the SBA | 73 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $38.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $28.3M |
| Estimate: the two combined (geometric mean) | $37.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.6M |
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 | $27.5M |
| Multiple for this size and industry | 7.7× |
| Value range | $14.4M – $37.6M |
| Revenue range | $24.6M – $42.7M |
| EBITDA range | $2.3M – $4.1M |
| Industry (NAICS) | Aircraft Engine and Engine Parts Manufacturing (336412) |
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. 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
- BankingSecurity 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
| Security Bank PPP 2020, PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $919K | 73 |
| 1/17/2021 | second | $919K | 60 |
About Rajon, LLC
Rajon, LLC is an aircraft engine and engine parts manufacturing company in Bristow, Oklahoma. Its estimated annual revenue is about $37.4M, with roughly $3.6M of EBITDA. It has about 83 employees. Its estimated business value is $27.5M (likely range $14.4M–$37.6M).
Common questions
- Who owns Rajon, LLC?
- The owner of Rajon, 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 Rajon, LLC make?
- SeeBITDA estimates Rajon, LLC's annual revenue at about $37.4M (likely between $24.6M and $42.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rajon, LLC worth?
- About $27.5M, roughly 7.7× its estimated EBITDA of $3.6M, typical for a aircraft engine and engine parts manufacturing company its size. Likely range: $14.4M–$37.6M.
- How many employees does Rajon, LLC have?
- About 83, from its 2025 retirement-plan filing.