Reagan Smith, Inc.
How we got $6.4M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Customers & suppliers
Customers
- Forest Service · federal contracts $267K
Estimated value over time
▲ 22% 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
▼ 4% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $6.8M |
| 2023 | Form 5500 | 18 | $4.7M |
| 2024 | Form 5500 | 23 | $6.0M |
| 2025 | Form 5500 | 25 | $6.5M |
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 |
|---|---|---|
| REAGAN SMITH, INC. this business | $9.8M | — |
| DLGM CONSULTING LLC Oklahoma City · 1 employees | $581K | 0.2 mi |
| AGI CONSULTING L.L.C. Oklahoma City · 3 employees | $945K | 0.3 mi |
| AMERICAN GULF INTERNATIONAL CONSULTING LLC Oklahoma City · 3 employees | $945K | 0.3 mi |
| SMS AD AGENCY, LLC Oklahoma City · 1 employees | $374K | 0.5 mi |
| DRH MANAGEMENT Oklahoma City · 1 employees | $629K | 0.5 mi |
| ANCOVA ENERGY, LLC Oklahoma City · 5 employees | $2.1M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.2M |
| Estimate: the two combined (geometric mean) | $9.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.4M |
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 | $6.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.3M – $8.7M |
| Revenue range | $6.5M – $11.2M |
| EBITDA range | $931K – $1.6M |
| Industry (NAICS) | Environmental Consulting Services (541620) |
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
People & advisors
Advisors
- BankingState Bank of ToulonPPP / 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
| State Bank of Toulon PPP 2020, PPP 2021 | All 2 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $353K | 26 |
| 2/13/2021 | second | $373K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Reagan Smith, Inc.
Reagan Smith, Inc. is a consulting company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $9.8M, with roughly $1.4M of EBITDA. It has about 25 employees. Its estimated business value is $6.4M (likely range $3.3M–$8.7M).
Common questions
- Who owns Reagan Smith, Inc.?
- The owner of Reagan Smith, 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 Reagan Smith, Inc. make?
- SeeBITDA estimates Reagan Smith, Inc.'s annual revenue at about $9.8M (likely between $6.5M and $11.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reagan Smith, Inc. worth?
- About $6.4M, roughly 4.5× its estimated EBITDA of $1.4M, typical for a consulting company its size. Likely range: $3.3M–$8.7M.
- How many employees does Reagan Smith, Inc. have?
- About 25, from its 2025 retirement-plan filing.