Rc Freeman Enterprises, LLC
How we got $800K
Based on its 2 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 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| RC FREEMAN ENTERPRISES, LLC this business | $992K | — |
| INTEGRITY TRUCKING & CONSTRUCTION SERVICES, INC. Balko · 33 employees | $19.2M | 3.5 mi |
| JATA CONSULTING, LLC Hardesty · 1 employees | $676K | 16.5 mi |
| RAMON & BENNETT ROUSTABOUT, INC. Beaver · 20 employees | $9.3M | 16.7 mi |
| MECO FIELD SERVICES LLC Beaver · 1 employees | $594K | 16.7 mi |
| CLEAR LAKE OIL LLC Beaver · 1 employees | $712K | 16.8 mi |
| H.D.C. AG, L.L.C. Beaver · 21 employees | $10.7M | 16.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $805K |
| Estimate: the two combined (geometric mean) | $992K |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $333K |
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 | $800K |
| Multiple for this size and industry | 2.4× |
| Value range | $421K – $1.1M |
| Revenue range | $653K – $1.1M |
| EBITDA range | $219K – $380K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingFirstBank SouthwestPPP / 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
| FirstBank Southwest PPP 2020, PPP 2021 | All 22 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/11/2020 | first | $20K | 2 |
| 2/12/2021 | second | $20K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rc Freeman Enterprises, LLC
Rc Freeman Enterprises, LLC is an oil & gas company in Balko, Oklahoma, in business since 2006. Its estimated annual revenue is about $992K, with roughly $333K of EBITDA. It has about 2 employees. Its estimated business value is $800K (likely range $421K–$1.1M).
Common questions
- Who owns Rc Freeman Enterprises, LLC?
- The owner of Rc Freeman Enterprises, 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 Rc Freeman Enterprises, LLC make?
- SeeBITDA estimates Rc Freeman Enterprises, LLC's annual revenue at about $992K (likely between $653K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rc Freeman Enterprises, LLC worth?
- About $800K, roughly 2.4× its estimated EBITDA of $333K, typical for a oil & gas company its size. Likely range: $421K–$1.1M.
- How many employees does Rc Freeman Enterprises, LLC have?
- About 2, as reported on its PPP loan.
- When was Rc Freeman Enterprises, LLC founded?
- Rc Freeman Enterprises, LLC has been in business since 2006.