Russell Chemical Sales & Service, Inc
How we got $1.4M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 21% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RUSSELL CHEMICAL SALES & SERVICE, INC this business | $11.0M | — |
| WATER ONE, INC. Enid · 2 employees | $2.1M | 4.8 mi |
| ADVANCE ROUSTABOUT SERVICES, LLC Guthrie · 18 employees | $24.7M | 46.7 mi |
| RYAN CHEMICAL CO., INC. Tryon · 2 employees | $2.4M | 61.9 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.3M |
| Estimate: the two combined (geometric mean) | $11.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $493K |
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 | $1.4M |
| Multiple for this size and industry | 2.9× |
| Value range | $753K – $2.0M |
| Revenue range | $7.2M – $12.5M |
| EBITDA range | $325K – $562K |
| Industry (NAICS) | Other Chemical and Allied Products Merchant Wholesalers (424690) |
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
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $83K | 8 |
| 1/23/2021 | second | $85K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Russell Chemical Sales & Service, Inc
Russell Chemical Sales & Service, Inc is an other chemical and allied products merchant wholesalers company in Enid, Oklahoma, in business since 2004. Its estimated annual revenue is about $11.0M, with roughly $493K of EBITDA. It has about 9 employees. Its estimated business value is $1.4M (likely range $753K–$2.0M).
Common questions
- Who owns Russell Chemical Sales & Service, Inc?
- The owner of Russell Chemical Sales & Service, 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 Russell Chemical Sales & Service, Inc make?
- SeeBITDA estimates Russell Chemical Sales & Service, Inc's annual revenue at about $11.0M (likely between $7.2M and $12.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Russell Chemical Sales & Service, Inc worth?
- About $1.4M, roughly 2.9× its estimated EBITDA of $493K, typical for a other chemical and allied products merchant wholesalers company its size. Likely range: $753K–$2.0M.
- How many employees does Russell Chemical Sales & Service, Inc have?
- About 9, as reported on its PPP loan.
- When was Russell Chemical Sales & Service, Inc founded?
- Russell Chemical Sales & Service, Inc has been in business since 2004.