Red River Resources LLC
How we got $293K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 41% 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 |
|---|---|---|
| RED RIVER RESOURCES LLC this business | $1.1M | — |
| Nub's Well Servicing Inc Ratliff City | $5.8M | 9.8 mi |
| SCHIRALLI CONSTRUCTION CORP Wilson · 8 employees | $3.8M | 11.9 mi |
| LAKE COUNTRY DRILLING, INC. Lone Grove · 17 employees | $5.2M | 17.6 mi |
| LAKE COUNTRY DRILLING INC Ardmore · 8 employees | $3.4M | 20.5 mi |
| POORBOY WELL SERVICE, L.L.C. Comanche · 24 employees | $7.8M | 23.2 mi |
| STEVE BEAN CONSTRUCTION INC. Ardmore · 6 employees | $3.0M | 23.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $354K |
| Revenue = employees × revenue per employee | $1.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $154K |
| Cross-check: revenue implied by PPP payroll | $263K |
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 | $293K |
| Multiple for this size and industry | 1.9× |
| Value range | $139K – $416K |
| Revenue range | $629K – $1.3M |
| EBITDA range | $91K – $182K |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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 and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $6K | 2 |
| 1/21/2021 | second | $14K | 2 |
About Red River Resources LLC
Red River Resources LLC is a water and sewer line and related structures construction company in Healdton, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $154K of EBITDA. It has about 2 employees. Its estimated business value is $293K (likely range $139K–$416K).
Common questions
- Who owns Red River Resources LLC?
- The owner of Red River Resources LLC 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 Red River Resources LLC make?
- SeeBITDA estimates Red River Resources LLC's annual revenue at about $1.1M (likely between $629K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red River Resources LLC worth?
- About $293K, roughly 1.9× its estimated EBITDA of $154K, typical for a water and sewer line and related structures construction company its size. Likely range: $139K–$416K.
- How many employees does Red River Resources LLC have?
- About 2, as reported on its PPP loan.