Ram Inc
How we got $10.7M
Based on its 72 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 33 years (since 1993)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 26% 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
▼ 71% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 72 | $21.6M |
| 2020 | Form 5500 | 41 | $12.3M |
| 2021 | Form 5500 | 38 | $11.4M |
| 2022 | Form 5500 | 24 | $7.2M |
| 2023 | Form 5500 | 20 | $6.0M |
| 2024 | Form 5500 | 21 | $6.3M |
| 2025 | Form 5500 | 21 | $6.3M |
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 INC this business | $56.4M | — |
| THE FILLING STATION INC. Mcalester · 15 employees | $6.7M | 0.1 mi |
| PAWAR INC Mcalester · 14 employees | $6.6M | 1.2 mi |
| SAVANNA KINGS TRAVEL PLAZA INC. Savanna · 16 employees | $9.1M | 7.9 mi |
| JTJ ENTERPRISE, INC. Mcalester · 7 employees | $6.6M | 12.9 mi |
| FOSSIL FUEL STUART, LLC Stuart · 13 employees | $7.5M | 19.1 mi |
| GRAN CENTRAL STATION INC Quinton · 8 employees | $7.0M | 25.9 mi |
The full calculation
| Employees reported to the SBA | 72 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $42.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $57.4M |
| Estimate: the two combined (geometric mean) | $56.4M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $2.4M |
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 | $10.7M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.6M – $14.6M |
| Revenue range | $37.1M – $64.3M |
| EBITDA range | $1.6M – $2.8M |
| Industry (NAICS) | Retail Trade (447110) |
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: approximate sector default. 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
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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
| First National Bank & Trust Company of McAlester PPP 2020, PPP 2021 | All 248 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $485K | 66 |
| 2/3/2021 | second | $488K | 72 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ram Inc
Ram Inc is a retail trade company in Mcalester, Oklahoma, in business since 1993. Its estimated annual revenue is about $56.4M, with roughly $2.4M of EBITDA. It has about 21 employees. Its estimated business value is $10.7M (likely range $5.6M–$14.6M).
Common questions
- Who owns Ram Inc?
- The owner of Ram Inc 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 Ram Inc make?
- SeeBITDA estimates Ram Inc's annual revenue at about $56.4M (likely between $37.1M and $64.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ram Inc worth?
- About $10.7M, roughly 4.4× its estimated EBITDA of $2.4M, typical for a retail trade company its size. Likely range: $5.6M–$14.6M.
- How many employees does Ram Inc have?
- About 21, from its 2025 retirement-plan filing.
- When was Ram Inc founded?
- Ram Inc has been in business since 1993.