How we got $399K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 13% since 2021Today'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 |
|---|---|---|
| RAY VARGAS this business | $572K | — |
| DIVERSIFIED SYSTEMS RESOURCES, LTD Bartlesville · 438 employees | $107.9M | 5.1 mi |
| TRIGENT TECHNOLOGIES LLC Bartlesville · 2 employees | $700K | 5.9 mi |
| KONTEMPORARY KEYBOARDS, INC. DBA KKI TCHNOLOGIES Bartlesville | $1.6M | 7.3 mi |
| INNOVATIVE INSPECTION SOLUTIONS LLC Ramona · 2 employees | $519K | 22.0 mi |
| OSAGE INNOVATIVE SOLUTIONS Skiatook · 10 employees | $3.3M | 31.3 mi |
| CORNSILK COMPANY Collinsville · 1 employees | $290K | 33.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $355K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $710K |
| Estimate: the two combined (geometric mean) | $572K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $133K |
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 | $399K |
| Multiple for this size and industry | 3× |
| Value range | $210K – $546K |
| Revenue range | $377K – $653K |
| EBITDA range | $88K – $152K |
| Industry (NAICS) | Computer Systems Design Services (541512) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingTruity FCUPPP / 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 Roles are as stated there and may be out of date.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
| Truity FCU PPP 2021 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/1/2021 | second | $21K | 1 |
About Ray Vargas
Ray Vargas is an it & software company in Dewey, Oklahoma. Its estimated annual revenue is about $572K, with roughly $133K of EBITDA. It has about 1 employees. Its estimated business value is $399K (likely range $210K–$546K).
Common questions
- Who owns Ray Vargas?
- The owner of Ray Vargas 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 Ray Vargas make?
- SeeBITDA estimates Ray Vargas's annual revenue at about $572K (likely between $377K and $653K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ray Vargas worth?
- About $399K, roughly 3× its estimated EBITDA of $133K, typical for a it & software company its size. Likely range: $210K–$546K.
- How many employees does Ray Vargas have?
- About 1, as reported on its PPP loan.