B&l White Enterprises Inc.
How we got $10.4M
Based on its 42 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 32% since 2021Today'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 |
|---|---|---|
| B&L WHITE ENTERPRISES INC. this business | $20.5M | — |
| RAUH'S TRAILER SALES & SERVICE LLC Putnam | $932K | 7.7 mi |
| DSC INC Custer City | $2.1M | 9.8 mi |
| DOUBLE J DOZING & EXCAVATING LLC Custer City | $932K | 9.9 mi |
| SQUIRES DRILLING INC Taloga | $2.1M | 10.9 mi |
| HOLSAPPLE BACKHOE & ROUSTABOUT LLC Taloga | $2.9M | 10.9 mi |
| DG FARMS LLC Taloga | $2.5M | 11.0 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.3M |
| Estimate: the two combined (geometric mean) | $20.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.2M |
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 | $10.4M |
| Multiple for this size and industry | 4.7× |
| Value range | $5.5M – $14.3M |
| Revenue range | $13.5M – $23.4M |
| EBITDA range | $1.5M – $2.5M |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
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
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/26/2021 | first | $651K | 42 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About B&l White Enterprises Inc.
B&l White Enterprises Inc. is a general freight trucking, long-distance, truckload company in Putnam, Oklahoma, in business since 2003. It is owned by Benji White. Its estimated annual revenue is about $20.5M, with roughly $2.2M of EBITDA. It has about 42 employees. Its estimated business value is $10.4M (likely range $5.5M–$14.3M).
Common questions
- Who owns B&l White Enterprises Inc.?
- B&l White Enterprises Inc. is owned by Benji White, according to public sources such as the company's website or filings.
- How much revenue does B&l White Enterprises Inc. make?
- SeeBITDA estimates B&l White Enterprises Inc.'s annual revenue at about $20.5M (likely between $13.5M and $23.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is B&l White Enterprises Inc. worth?
- About $10.4M, roughly 4.7× its estimated EBITDA of $2.2M, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $5.5M–$14.3M.
- How many employees does B&l White Enterprises Inc. have?
- About 42, as reported on its PPP loan.
- When was B&l White Enterprises Inc. founded?
- B&l White Enterprises Inc. has been in business since 2003.