American Truck Training, Inc.
How we got $1.3M
Based on its 22 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.
What they do
American Truck Training is a commercial truck driving school in Oklahoma City that offers CDL training for students seeking to become professional truck drivers.
From the company's website. Industry: Automobile Driving Schools.
Estimated value over time
▲ 13% 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 |
|---|---|---|
| AMERICAN TRUCK TRAINING, INC. this business | $2.2M | — |
| EARL INVESTMENTS INC Oklahoma City · 7 employees | $1.0M | 2.2 mi |
| WHYCPR, LLC Oklahoma City · 1 employees | $277K | 3.2 mi |
| CAMP FIRE HEART OF OKLAHOMA Oklahoma City · 15 employees | $1.9M | 3.3 mi |
| TBS College Funding Oklahoma City | $681K | 3.3 mi |
| OKLAHOMA HOCKEY ACADEMY INCORPORATION Oklahoma City · 2 employees | $407K | 3.4 mi |
| GOLDEN BEARS ACADEMY AND CHILD DEVELOPMENT CENTER Oklahoma City · 10 employees | $963K | 3.6 mi |
The full calculation
| Employees reported to the SBA | 22 |
| 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) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $405K |
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 | $1.3M |
| Multiple for this size and industry | 3.2× |
| Value range | $682K – $1.8M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $266K – $461K |
| Industry (NAICS) | Automobile Driving Schools (611692) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“American Truck Training (ATT) is a commercial truck driving school that was formed to address the growing need for new and experienced professional truck drivers in the U.S.”
Advisors
- BankingCross River Bank, Chickasaw Community 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
| Chickasaw Community Bank PPP 2021 | All 317 borrowers → |
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $76K | 18 |
| 5/12/2021 | second | $208K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About American Truck Training, Inc.
American Truck Training, Inc. is an automobile driving schools company in Oklahoma City, Oklahoma, in business since 2006. It is owned by Jerome Redmond (President & CEO). Its estimated annual revenue is about $2.2M, with roughly $405K of EBITDA. It has about 22 employees. Its estimated business value is $1.3M (likely range $682K–$1.8M).
Common questions
- Who owns American Truck Training, Inc.?
- American Truck Training, Inc. is owned by Jerome Redmond (President & CEO), according to public sources such as the company's website or filings.
- How much revenue does American Truck Training, Inc. make?
- SeeBITDA estimates American Truck Training, Inc.'s annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Truck Training, Inc. worth?
- About $1.3M, roughly 3.2× its estimated EBITDA of $405K, typical for a automobile driving schools company its size. Likely range: $682K–$1.8M.
- How many employees does American Truck Training, Inc. have?
- About 22, as reported on its PPP loan.
- When was American Truck Training, Inc. founded?
- American Truck Training, Inc. has been in business since 2006.