Rural Water and Sewer District No 1
How we got $1.9M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RURAL WATER AND SEWER DISTRICT NO 1 this business | $1.9M | — |
| RED BARN BAIT & TACKLE, INC Hugo · 1 employees | $977K | 4.5 mi |
| CHOCTAW ELECTRIC COOPERATIVE, INC. Hugo · 67 employees | $59.3M | 4.9 mi |
| SOUTHEASTERN ELECTRIC COOPERATIVE OF DURANT, OKLAHOMA Durant · 35 employees | $63.5M | 48.4 mi |
| BLUEFOR ENERGY SERVICES Coalgate · 5 employees | $9.5M | 61.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $251K |
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.
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $165K – $287K |
| Industry (NAICS) | Water Supply and Irrigation Systems (221310) |
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
- BankingSecurity First National Bank of HugoPPP / 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 Roles are as stated there and may be out of date.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
| Security First National Bank of Hugo PPP 2020 | All 43 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $64K | 5 |
About Rural Water and Sewer District No 1
Rural Water and Sewer District No 1 is a water supply and irrigation systems company in Grant, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $251K of EBITDA. It has about 5 employees.
Common questions
- Who owns Rural Water and Sewer District No 1?
- The owner of Rural Water and Sewer District No 1 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 Rural Water and Sewer District No 1 make?
- SeeBITDA estimates Rural Water and Sewer District No 1's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Rural Water and Sewer District No 1 have?
- About 5, as reported on its PPP loan.