Butler Trucking LLC
How we got $2.3M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 38 years (since 1988)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BUTLER TRUCKING LLC this business | $5.5M | — |
| BROWER SERVICES, LLC Newkirk · 7 employees | $2.3M | 1.4 mi |
| SILENT BLISS INC Newkirk · 8 employees | $2.0M | 1.5 mi |
| JEFFRIES FARMS LLC Blackwell · 1 employees | $547K | 11.1 mi |
| FREIGHT SHARKS, LLC Ponca City · 9 employees | $2.9M | 11.5 mi |
| NEIGHBORS FARMS LLC Blackwell · 2 employees | $925K | 11.6 mi |
| DMT TRUCKING INC Ponca City · 2 employees | $917K | 11.7 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $5.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $722K |
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 | $2.3M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.2M – $3.2M |
| Revenue range | $3.6M – $6.2M |
| EBITDA range | $475K – $824K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingEquity 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
| Equity Bank PPP 2020, PPP 2021 | All 375 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 | $134K | 24 |
| 1/28/2021 | second | $134K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Butler Trucking LLC
Butler Trucking LLC is a specialized freight (except used goods) trucking, local company in Newkirk, Oklahoma, in business since 1988. It is owned by Jay Butler. Its estimated annual revenue is about $5.5M, with roughly $722K of EBITDA. It has about 24 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Butler Trucking LLC?
- Butler Trucking LLC is owned by Jay Butler, according to public sources such as the company's website or filings.
- How much revenue does Butler Trucking LLC make?
- SeeBITDA estimates Butler Trucking LLC's annual revenue at about $5.5M (likely between $3.6M and $6.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Butler Trucking LLC worth?
- About $2.3M, roughly 3.2× its estimated EBITDA of $722K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $1.2M–$3.2M.
- How many employees does Butler Trucking LLC have?
- About 24, as reported on its PPP loan.
- When was Butler Trucking LLC founded?
- Butler Trucking LLC has been in business since 1988.