Rangel Painting LLC
How we got $634K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 21% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RANGEL PAINTING LLC this business | $2.4M | — |
| GREAT PLAINS CONTRACTING Kingfisher · 1 employees | $303K | 17.9 mi |
| BROTHERS STONE FABRICATION LLC Kingfisher · 7 employees | $1.8M | 18.0 mi |
| J-BRO CONTRACTING LLC Kingfisher · 3 employees | $799K | 18.8 mi |
| AE HOWARD TILE AND CARPET INC Enid · 6 employees | $3.1M | 19.1 mi |
| A E HOWARD TILE AND CARPET Enid · 6 employees | $4.0M | 19.1 mi |
| A TO Z CARPET CENTER INC Enid · 4 employees | $1.4M | 20.1 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $276K |
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 | $634K |
| Multiple for this size and industry | 2.3× |
| Value range | $334K – $868K |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $181K – $315K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
Advisors
- BankingCommunity State 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 Roles are as stated there and may be out of date.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
| The Community State Bank PPP 2020 | All 167 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $54K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rangel Painting LLC
Rangel Painting LLC is a painting contractors company in Hennessey, Oklahoma. It is owned by Luis Rangel (Sole Principal and Agent). Its estimated annual revenue is about $2.4M, with roughly $276K of EBITDA. It has about 10 employees. Its estimated business value is $634K (likely range $334K–$868K).
Common questions
- Who owns Rangel Painting LLC?
- Rangel Painting LLC is owned by Luis Rangel (Sole Principal and Agent), according to public sources such as the company's website or filings.
- How much revenue does Rangel Painting LLC make?
- SeeBITDA estimates Rangel Painting LLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rangel Painting LLC worth?
- About $634K, roughly 2.3× its estimated EBITDA of $276K, typical for a painting contractors company its size. Likely range: $334K–$868K.
- How many employees does Rangel Painting LLC have?
- About 10, as reported on its PPP loan.