Rice Welding, Inc
How we got $494K
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
▼ 6% 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 |
|---|---|---|
| RICE WELDING, INC this business | $1.2M | — |
| DIETZ WELDING & BRIDGE CONSTRUCTION, INC Cleo Springs · 2 employees | $1.3M | 16.3 mi |
| TOWN & COUNTRY BUILDING SYSTEMS, INC Alva · 1 employees | $611K | 40.2 mi |
| INTERIOR DESIGNS AND OUTDOOR SIGNS LLC Crescent · 1 employees | $589K | 43.2 mi |
| PHOCAS FARMS GREENHOUSES INC Guthrie · 3 employees | $2.3M | 56.1 mi |
| THE METAL STORE, LLC Edmond · 15 employees | $7.4M | 59.4 mi |
| T&T INDUSTRIAL, INC Edmond · 7 employees | $3.6M | 62.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $951K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $190K |
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 | $494K |
| Multiple for this size and industry | 2.6× |
| Value range | $260K – $676K |
| Revenue range | $793K – $1.4M |
| EBITDA range | $125K – $217K |
| Industry (NAICS) | Plate Work Manufacturing (332313) |
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
History & advisors
Advisors
- BankingCleo State 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 Roles are as stated there and may be out of date.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
| Cleo State Bank PPP 2020 | All 37 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 | $25K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rice Welding, Inc
Rice Welding, Inc is a plate work manufacturing company in Meno, Oklahoma, in business since 2026. Its estimated annual revenue is about $1.2M, with roughly $190K of EBITDA. It has about 2 employees. Its estimated business value is $494K (likely range $260K–$676K).
Common questions
- Who owns Rice Welding, Inc?
- The owner of Rice Welding, 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 Rice Welding, Inc make?
- SeeBITDA estimates Rice Welding, Inc's annual revenue at about $1.2M (likely between $793K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rice Welding, Inc worth?
- About $494K, roughly 2.6× its estimated EBITDA of $190K, typical for a plate work manufacturing company its size. Likely range: $260K–$676K.
- How many employees does Rice Welding, Inc have?
- About 2, as reported on its PPP loan.
- When was Rice Welding, Inc founded?
- Rice Welding, Inc has been in business since 2026.