Rays Construction Company Inc
How we got $867K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 34% 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 |
|---|---|---|
| RAYS CONSTRUCTION COMPANY INC this business | $3.2M | — |
| MICHAEL ORTEGA Tryon · 2 employees | $1.0M | 4.9 mi |
| HIGH COUNTRY CONTRACTORS INC Perkins · 11 employees | $4.4M | 8.9 mi |
| CLASSIC POOLS INC. Wellston · 14 employees | $4.0M | 9.6 mi |
| WHITNAH UNLIMITED LLC Wellston · 1 employees | $653K | 10.2 mi |
| DURNAL CONSTRUCTION, LLC Perkins · 6 employees | $2.0M | 10.5 mi |
| COWBOY CONTRACTING Perkins · 4 employees | $1.1M | 10.6 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $377K |
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 | $867K |
| Multiple for this size and industry | 2.3× |
| Value range | $456K – $1.2M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $248K – $430K |
| Industry (NAICS) | Site Preparation Contractors (238910) |
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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 | $90K | 9 |
| 1/31/2021 | second | $90K | 6 |
About Rays Construction Company Inc
Rays Construction Company Inc is an excavation & site work company in Carney, Oklahoma. Its estimated annual revenue is about $3.2M, with roughly $377K of EBITDA. It has about 9 employees. Its estimated business value is $867K (likely range $456K–$1.2M).
Common questions
- Who owns Rays Construction Company Inc?
- The owner of Rays Construction Company 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 Rays Construction Company Inc make?
- SeeBITDA estimates Rays Construction Company Inc's annual revenue at about $3.2M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rays Construction Company Inc worth?
- About $867K, roughly 2.3× its estimated EBITDA of $377K, typical for a excavation & site work company its size. Likely range: $456K–$1.2M.
- How many employees does Rays Construction Company Inc have?
- About 9, as reported on its PPP loan.