Ridge Way Services, LLC
How we got $1.8M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| RIDGE WAY SERVICES, LLC this business | $1.9M | — |
| JB'S PIPE TESTING SVC LLC Comanche · 2 employees | $873K | 0.3 mi |
| CLIMAX OIL CO. LLC Comanche · 1 employees | $375K | 0.3 mi |
| VALOR OILFIELD SERVICES LLC Comanche · 2 employees | $697K | 0.4 mi |
| BH CONSULTING LLC Comanche · 1 employees | $473K | 0.4 mi |
| CORLEY PROD INC. Comanche · 1 employees | $379K | 0.5 mi |
| DENNIS ABSHIRE CONSULTING, LLC Comanche · 1 employees | $693K | 2.8 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $587K |
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 | $1.8M |
| Multiple for this size and industry | 3× |
| Value range | $927K – $2.4M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $386K – $669K |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $41K | 5 |
About Ridge Way Services, LLC
Ridge Way Services, LLC is an oil & gas company in Comanche, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $587K of EBITDA. It has about 5 employees. Its estimated business value is $1.8M (likely range $927K–$2.4M).
Common questions
- Who owns Ridge Way Services, LLC?
- The owner of Ridge Way Services, 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 Ridge Way Services, LLC make?
- SeeBITDA estimates Ridge Way Services, LLC's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ridge Way Services, LLC worth?
- About $1.8M, roughly 3× its estimated EBITDA of $587K, typical for a oil & gas company its size. Likely range: $927K–$2.4M.
- How many employees does Ridge Way Services, LLC have?
- About 5, as reported on its PPP loan.