Bowers Trucking, Inc.
How we got $3.1M
Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 14% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Bowers provides ground, ocean and air freight hauling and logistics services, with a focus on fast, simple and direct hauling solutions. It also holds government contracts, including as a contract carrier licensed to haul for the Department of Defense.
From the company's website. Industry: General Freight Trucking, Local.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EARNHEART OIL, INC · Marshall, 48 mi · $4.21B
- P&K EQUIPMENT, INC · Enid, 51 mi · $616.2M
- SGII, INC. · Sapulpa, 68 mi · $608.3M
- BERENDSEN FLUID POWER, INC. · Tulsa, 69 mi · $349.5M
- P & K MIDWEST · Enid, 51 mi · $313.3M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BOWERS TRUCKING, INC. this business | $8.4M | — |
| BOWERS LOGISTICS, INC. Ponca City · 4 employees | $2.8M | 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 | 3.5 mi |
| PRECISION TRANSPORTATION INC Ponca City | $932K | 3.6 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $8.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $978K |
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 | $3.1M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.6M – $4.3M |
| Revenue range | $5.5M – $9.6M |
| EBITDA range | $644K – $1.1M |
| Industry (NAICS) | General Freight Trucking, Local (484110) |
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
“What began as a small, family-driven operation developed into a transportation and logistics company capable of supporting freight across the United States, Canada, and beyond.”
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, PPP 2021 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $327K | 31 |
| 1/26/2021 | second | $345K | 42 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bowers Trucking, Inc.
Bowers Trucking, Inc. is a general freight trucking, local company in Ponca City, Oklahoma, in business since 2011. It is owned by Garrett Bowers (CEO). Its estimated annual revenue is about $8.4M, with roughly $978K of EBITDA. It has about 42 employees. Its estimated business value is $3.1M (likely range $1.6M–$4.3M).
Common questions
- Who owns Bowers Trucking, Inc.?
- Bowers Trucking, Inc. is owned by Garrett Bowers (CEO), according to public sources such as the company's website or filings.
- How much revenue does Bowers Trucking, Inc. make?
- SeeBITDA estimates Bowers Trucking, Inc.'s annual revenue at about $8.4M (likely between $5.5M and $9.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bowers Trucking, Inc. worth?
- About $3.1M, roughly 3.2× its estimated EBITDA of $978K, typical for a general freight trucking, local company its size. Likely range: $1.6M–$4.3M.
- How many employees does Bowers Trucking, Inc. have?
- About 42, as reported on its PPP loan.
- When was Bowers Trucking, Inc. founded?
- Bowers Trucking, Inc. has been in business since 2011.