Ram Jack Manufacturing LLC
How we got $19.9M
Based on its 66 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 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 72% 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 |
|---|---|---|
| RAM JACK MANUFACTURING LLC this business | $32.9M | — |
| CUTTING EDGE FABRICATION & WELDING, LLC Ada · 4 employees | $2.5M | 2.9 mi |
| K&M PUMP CO. , INC. Ada · 4 employees | $3.0M | 4.3 mi |
| KERR MACHINE COMPANY Sulphur · 201 employees | $114.5M | 21.5 mi |
| ELECTRIC SUBMERSIBLE PUMPS LLC Pauls Valley · 9 employees | $5.0M | 30.0 mi |
| METAL PROCESSING INTERNATIONAL, L.P. Seminole · 59 employees | $26.5M | 34.6 mi |
| OKLAHOMA CUSTOM COATING Seminole · 69 employees | $30.7M | 34.6 mi |
The full calculation
| Employees reported to the SBA | 66 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $31.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $26.9M |
| Estimate: the two combined (geometric mean) | $32.9M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.4M |
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 | $19.9M |
| Multiple for this size and industry | 5.8× |
| Value range | $10.5M – $27.2M |
| Revenue range | $21.7M – $37.6M |
| EBITDA range | $2.3M – $3.9M |
| Industry (NAICS) | Welding and Soldering Equipment Manufacturing (333992) |
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
People & advisors
Advisors
- BankingVision 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
| Vision Bank PPP 2020 | All 487 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 | $704K | 66 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ram Jack Manufacturing LLC
Ram Jack Manufacturing LLC is a welding and soldering equipment manufacturing company in Ada, Oklahoma, in business since 1992. It is owned by Steven Gregory (Owner and Founder). Its estimated annual revenue is about $32.9M, with roughly $3.4M of EBITDA. It has about 66 employees. Its estimated business value is $19.9M (likely range $10.5M–$27.2M).
Common questions
- Who owns Ram Jack Manufacturing LLC?
- Ram Jack Manufacturing LLC is owned by Steven Gregory (Owner and Founder), according to public sources such as the company's website or filings.
- How much revenue does Ram Jack Manufacturing LLC make?
- SeeBITDA estimates Ram Jack Manufacturing LLC's annual revenue at about $32.9M (likely between $21.7M and $37.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ram Jack Manufacturing LLC worth?
- About $19.9M, roughly 5.8× its estimated EBITDA of $3.4M, typical for a welding and soldering equipment manufacturing company its size. Likely range: $10.5M–$27.2M.
- How many employees does Ram Jack Manufacturing LLC have?
- About 66, as reported on its PPP loan.
- When was Ram Jack Manufacturing LLC founded?
- Ram Jack Manufacturing LLC has been in business since 1992.