Bowers Logistics, Inc.
How we got $1.1M
Based on its 4 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
- Headcount down 43% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 38% 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.
Employees over time
▲ 475% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $977K |
| 2021 | Form 5500 | 40 | $9.8M |
| 2022 | Form 5500 | 27 | $6.6M |
| 2023 | Form 5500 | 24 | $5.9M |
| 2024 | Form 5500 | 23 | $5.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BOWERS LOGISTICS, INC. this business | $2.8M | — |
| BOWERS TRUCKING, INC. Ponca City · 42 employees | $8.4M | 0.1 mi |
| TCB TRUCKING LLC Ponca City · 1 employees | $268K | 0.8 mi |
| JR TRUCKING LLC Ponca City · 1 employees | $624K | 1.0 mi |
| 4-F CONSTRUCTION COMPANY LLC Ponca City | $1.4M | 3.3 mi |
| BOWERS LLC Ponca City | $6.3M | 3.4 mi |
| PRECISION TRANSPORTATION INC Ponca City | $932K | 3.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $407K |
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 | $1.1M |
| Multiple for this size and industry | 2.6× |
| Value range | $557K – $1.4M |
| Revenue range | $1.9M – $3.2M |
| EBITDA range | $268K – $464K |
| 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
History & advisors
Advisors
- BankingFirst National Bank of 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
| First National Bank of Oklahoma PPP 2020 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $64K | 4 |
About Bowers Logistics, Inc.
Bowers Logistics, Inc. is a general freight trucking, long-distance, truckload company in Ponca City, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $407K of EBITDA. It has about 23 employees. Its estimated business value is $1.1M (likely range $557K–$1.4M).
Common questions
- Who owns Bowers Logistics, Inc.?
- The owner of Bowers Logistics, 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 Bowers Logistics, Inc. make?
- SeeBITDA estimates Bowers Logistics, Inc.'s annual revenue at about $2.8M (likely between $1.9M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bowers Logistics, Inc. worth?
- About $1.1M, roughly 2.6× its estimated EBITDA of $407K, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $557K–$1.4M.
- How many employees does Bowers Logistics, Inc. have?
- About 23, from its 2024 retirement-plan filing.