Ram Machine Products LLC
How we got $1.0M
Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 47 years (since 1979)
- Headcount down 23% since 2024 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Ram Machine Products LLC is a manufacturer of threaded products, primarily shoulder plugs, made from a variety of materials, emphasizing quality and on-time delivery.
From the company's website. Industry: Machine shops & fabrication.
Estimated value over time
▲ 68% 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
▲ 67% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 6 | $1.2M |
| 2020 | Form 5500 | 5 | $1.0M |
| 2021 | Form 5500 | 6 | $1.2M |
| 2022 | Form 5500 | 6 | $1.2M |
| 2023 | Form 5500 | 11 | $2.2M |
| 2024 | Form 5500 | 13 | $2.6M |
| 2025 | Form 5500 | 10 | $2.0M |
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 |
|---|---|---|
| RAM MACHINE PRODUCTS LLC this business | $2.3M | — |
| RAMM MACHINE PRODUCTS, LLC Broken Arrow · 10 employees | $3.6M | 0.0 mi |
| AUTO-TURN MANUFACTURING, INC. Broken Arrow · 50 employees | $18.0M | 0.0 mi |
| HI-TEC INDUSTRIES OK LLC Broken Arrow · 37 employees | $12.9M | 1.6 mi |
| KINETIC STEEL CORP Broken Arrow · 13 employees | $4.4M | 1.8 mi |
| A TO Z MANUFACTURING, LLC Broken Arrow · 12 employees | $4.2M | 2.7 mi |
| LATHEM TOOL & MACHINE, INC Broken Arrow · 2 employees | $445K | 3.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $323K |
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 | $1.0M |
| Multiple for this size and industry | 3.2× |
| Value range | $544K – $1.4M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $212K – $368K |
| Industry (NAICS) | Machine Shops (332710) |
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
“Ram Machine Products has been supplying components for the air-cooled heat exchanger industry since 1979.”
Advisors
- BankingRCB 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
| RCB Bank PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/18/2021 | second | $102K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ram Machine Products LLC
Ram Machine Products LLC is a machine shops & fabrication company in Broken Arrow, Oklahoma, in business since 1979. It is owned by David E. Goodell (CEO). Its estimated annual revenue is about $2.3M, with roughly $323K of EBITDA. It has about 10 employees. Its estimated business value is $1.0M (likely range $544K–$1.4M).
Common questions
- Who owns Ram Machine Products LLC?
- Ram Machine Products LLC is owned by David E. Goodell (CEO), according to public sources such as the company's website or filings.
- How much revenue does Ram Machine Products LLC make?
- SeeBITDA estimates Ram Machine Products LLC's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ram Machine Products LLC worth?
- About $1.0M, roughly 3.2× its estimated EBITDA of $323K, typical for a machine shops & fabrication company its size. Likely range: $544K–$1.4M.
- How many employees does Ram Machine Products LLC have?
- About 10, from its 2025 retirement-plan filing.
- When was Ram Machine Products LLC founded?
- Ram Machine Products LLC has been in business since 1979.
- Is Ram Machine Products LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); headcount down 23% since 2024 (retirement plan filings).