Rick Romans Inc
How we got $3.0M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 34% 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 |
|---|---|---|
| RICK ROMANS INC this business | $4.9M | — |
| DIVCO, INC. Tulsa · 24 employees | $12.5M | 0.0 mi |
| BARRETT PRECISION ENGINES INC Tulsa · 7 employees | $3.8M | 0.1 mi |
| PRECISION HOSE TECHNOLOGY, INC. Tulsa · 10 employees | $3.6M | 0.1 mi |
| PRYER AEROSPACE, LLC Tulsa · 110 employees | $55.3M | 0.6 mi |
| Triumph Aerostructures Tulsa | $1.3M | 1.8 mi |
| Spirit Aerosystems Tulsa | $3.0M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $565K |
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 | $3.0M |
| Multiple for this size and industry | 5.3× |
| Value range | $1.6M – $4.1M |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $372K – $644K |
| Industry (NAICS) | Aircraft Engine and Engine Parts Manufacturing (336412) |
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
History & advisors
Advisors
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $93K | 9 |
About Rick Romans Inc
Rick Romans Inc is an aircraft engine and engine parts manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $4.9M, with roughly $565K of EBITDA. It has about 9 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns Rick Romans Inc?
- The owner of Rick Romans 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 Rick Romans Inc make?
- SeeBITDA estimates Rick Romans Inc's annual revenue at about $4.9M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rick Romans Inc worth?
- About $3.0M, roughly 5.3× its estimated EBITDA of $565K, typical for a aircraft engine and engine parts manufacturing company its size. Likely range: $1.6M–$4.1M.
- How many employees does Rick Romans Inc have?
- About 9, as reported on its PPP loan.