Rustbusters, LLC
How we got $490K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 48% 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 |
|---|---|---|
| RUSTBUSTERS, LLC this business | $2.2M | — |
| H&H SALVAGE INC Weatherford · 5 employees | $3.6M | 5.7 mi |
| WESTERN OKLAHOMA METAL RECYCLING Weatherford · 8 employees | $4.7M | 5.8 mi |
| DAUGHETY BROTHERS PROPANE INC Calumet · 4 employees | $3.9M | 26.1 mi |
| KINGFISHER PIPE SALES & SERVICE INC. El Reno · 6 employees | $6.5M | 36.6 mi |
| GENE SEARS SUPPLY COMPANY El Reno · 12 employees | $11.9M | 38.1 mi |
| EQUIPMENT REMOVAL SERVICES LLC Minco · 8 employees | $6.4M | 40.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $204K |
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 | $490K |
| Multiple for this size and industry | 2.4× |
| Value range | $258K – $671K |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $134K – $233K |
| Industry (NAICS) | Recyclable Material Merchant Wholesalers (423930) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $15K | 2 |
About Rustbusters, LLC
Rustbusters, LLC is a recyclable material merchant wholesalers company in Hydro, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $204K of EBITDA. It has about 2 employees. Its estimated business value is $490K (likely range $258K–$671K).
Common questions
- Who owns Rustbusters, LLC?
- The owner of Rustbusters, LLC 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 Rustbusters, LLC make?
- SeeBITDA estimates Rustbusters, LLC's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rustbusters, LLC worth?
- About $490K, roughly 2.4× its estimated EBITDA of $204K, typical for a recyclable material merchant wholesalers company its size. Likely range: $258K–$671K.
- How many employees does Rustbusters, LLC have?
- About 2, as reported on its PPP loan.