Rural Water District #2, Garvin County
How we got $1.2M
Based on its 3 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 DISTRICT #2, GARVIN COUNTY this business | $1.2M | — |
| EMMETT E. HARRISON III Marlow · 5 employees | $1.9M | 12.9 mi |
| ELMORE CITY RURAL WATER CORPORATION Elmore City · 2 employees | $609K | 18.7 mi |
| S&B WENZEL INC Ninnekah · 1 employees | $257K | 21.7 mi |
| SPURLOCK IRRIGATION LLC Marlow · 1 employees | $289K | 22.4 mi |
| GARVIN COUNTY RURAL WATER #1 Pauls Valley · 4 employees | $1.0M | 23.8 mi |
| WEST DAVIS RURAL WATER CORPORATION Ratliff City · 1 employees | $767K | 28.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $768K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $176K |
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 | $801K – $1.4M |
| EBITDA range | $116K – $201K |
| 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
People & advisors
Advisors
- BankingAmerican Exchange Bank, Lindsay, OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| American Exchange Bank, Lindsay, Oklahoma PPP 2020 | All 68 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 | $37K | 3 |
About Rural Water District #2, Garvin County
Rural Water District #2, Garvin County is a water supply and irrigation systems company in Lindsay, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $176K of EBITDA. It has about 3 employees.
Common questions
- Who owns Rural Water District #2, Garvin County?
- The owner of Rural Water District #2, Garvin County 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 District #2, Garvin County make?
- SeeBITDA estimates Rural Water District #2, Garvin County's annual revenue at about $1.2M (likely between $801K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Rural Water District #2, Garvin County have?
- About 3, as reported on its PPP loan.