Raymond Lee
How we got $1.0M
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
▲ 8% 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 |
|---|---|---|
| RAYMOND LEE this business | $836K | — |
| DAVIS BULLDOZING SERVICE, INC Norman · 2 employees | $951K | 9.6 mi |
| SILVER STAR CONSTRUCTION CO, INC Moore · 236 employees | $132.2M | 13.1 mi |
| PRO ACCESS RENTALS, LLC Oklahoma City · 44 employees | $22.9M | 17.4 mi |
| ELITE WASH INC. Oklahoma City · 3 employees | $1.1M | 18.4 mi |
| SAGE PUMP SERVICES, LP Oklahoma City · 70 employees | $37.5M | 19.3 mi |
| DKG 93 INC Del City · 1 employees | $469K | 20.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $654K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $822K |
| Estimate: the two combined (geometric mean) | $836K |
| EBITDA margin (industry, adjusted for size) | 41% |
| EBITDA = revenue × margin | $340K |
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× |
| Value range | $537K – $1.4M |
| Revenue range | $550K – $954K |
| EBITDA range | $224K – $388K |
| Industry (NAICS) | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing (532412) |
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
- BankingFountainhead SBF LLC, BSD Capital, LLC dba LendistryPPP / 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 Roles are as stated there and may be out of date.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
| BSD Capital, LLC dba Lendistry PPP 2021 | All 36 borrowers → |
| Fountainhead SBF LLC PPP 2021 | All 33 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/21/2021 | first | $16K | 1 |
| 5/22/2021 | second | $16K | 1 |
About Raymond Lee
Raymond Lee is a construction, mining, and forestry machinery and equipment rental and leasing company in Noble, Oklahoma. Its estimated annual revenue is about $836K, with roughly $340K of EBITDA. It has about 1 employees. Its estimated business value is $1.0M (likely range $537K–$1.4M).
Common questions
- Who owns Raymond Lee?
- The owner of Raymond Lee 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 Raymond Lee make?
- SeeBITDA estimates Raymond Lee's annual revenue at about $836K (likely between $550K and $954K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Raymond Lee worth?
- About $1.0M, roughly 3× its estimated EBITDA of $340K, typical for a construction, mining, and forestry machinery and equipment rental and leasing company its size. Likely range: $537K–$1.4M.
- How many employees does Raymond Lee have?
- About 1, as reported on its PPP loan.