Blackgold Service Company, LLC
How we got $252K
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 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 17% 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 |
|---|---|---|
| BLACKGOLD SERVICE COMPANY, LLC this business | $640K | — |
| HILLIARD TRUCKING COMPANY, INC. Lindsay · 2 employees | $578K | 1.4 mi |
| WHITE'S TANK TRUCK SERVICE, LLC Lindsay · 3 employees | $1.6M | 1.7 mi |
| BUNCH TRUCKING, LLC Lindsay · 3 employees | $1.6M | 5.6 mi |
| TWO-23 TRUCKING Maysville · 1 employees | $654K | 10.2 mi |
| REDNOSE ENERGY LLC Elmore City · 1 employees | $756K | 12.8 mi |
| O & X COMPANIES LLC Purcell · 1 employees | $453K | 13.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $775K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $406K |
| Estimate: the two combined (geometric mean) | $640K |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $120K |
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 | $252K |
| Multiple for this size and industry | 2.1× |
| Value range | $133K – $345K |
| Revenue range | $421K – $729K |
| EBITDA range | $79K – $137K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
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
- BankingAmerican Exchange Bank, Lindsay, OklahomaPPP / 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
| American Exchange Bank, Lindsay, Oklahoma PPP 2020, PPP 2021 | All 68 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $10K | 2 |
| 2/25/2021 | second | $10K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Blackgold Service Company, LLC
Blackgold Service Company, LLC is a specialized freight (except used goods) trucking, local company in Lindsay, Oklahoma, in business since 2004. Its estimated annual revenue is about $640K, with roughly $120K of EBITDA. It has about 2 employees. Its estimated business value is $252K (likely range $133K–$345K).
Common questions
- Who owns Blackgold Service Company, LLC?
- The owner of Blackgold Service Company, 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 Blackgold Service Company, LLC make?
- SeeBITDA estimates Blackgold Service Company, LLC's annual revenue at about $640K (likely between $421K and $729K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Blackgold Service Company, LLC worth?
- About $252K, roughly 2.1× its estimated EBITDA of $120K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $133K–$345K.
- How many employees does Blackgold Service Company, LLC have?
- About 2, as reported on its PPP loan.
- When was Blackgold Service Company, LLC founded?
- Blackgold Service Company, LLC has been in business since 2004.