Rugged Steel, Inc.
How we got $2.3M
Based on 8 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 37% 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 |
|---|---|---|
| RUGGED STEEL, INC. this business | $5.9M | — |
| LOS ANGELES BOILER WORKS INC Blackwell · 29 employees | $35.3M | 42.5 mi |
| National Standard Stillwater | $3.0M | 49.5 mi |
| SHIELDS PIPE CORPORATION Edmond · 2 employees | $2.7M | 56.7 mi |
Ranges & sources
| Revenue range | $3.5M – $6.9M |
| EBITDA range | $350K – $699K |
| Industry (NAICS) | Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210) |
| Value range | $1.1M – $3.3M |
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 State 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 Roles are as stated there and may be out of date.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
| First State Bank PPP 2020, PPP 2021 | All 268 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 | $26K | 8 |
| 1/23/2021 | second | $28K | 7 |
About Rugged Steel, Inc.
Rugged Steel, Inc. is an iron and steel pipe and tube manufacturing from purchased steel company in Enid, Oklahoma. Its estimated annual revenue is about $5.9M, with roughly $591K of EBITDA. It has about 8 employees. Its estimated business value is $2.3M (likely range $1.1M–$3.3M).
Common questions
- Who owns Rugged Steel, Inc.?
- The owner of Rugged Steel, 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 Rugged Steel, Inc. make?
- SeeBITDA estimates Rugged Steel, Inc.'s annual revenue at about $5.9M (likely between $3.5M and $6.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rugged Steel, Inc. worth?
- About $2.3M, roughly 3.9× its estimated EBITDA of $591K, typical for a iron and steel pipe and tube manufacturing from purchased steel company its size. Likely range: $1.1M–$3.3M.
- How many employees does Rugged Steel, Inc. have?
- About 8, as reported on its PPP loan.