Cargo Forwarding, Inc.
How we got $360K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 22% 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 |
|---|---|---|
| CARGO FORWARDING, INC. this business | $1.1M | — |
| CAROLINA GLASS TRANSPORTATION & LOGISTICS Tulsa · 51 employees | $13.7M | 2.1 mi |
| ANYTIME MOVING LLC Tulsa · 8 employees | $1.7M | 2.3 mi |
| ASCENT MIDSTREAM PARTNERS, LLC Broken Arrow · 15 employees | $3.8M | 2.8 mi |
| TMT OKLAHOMA, INC Tulsa · 72 employees | $12.0M | 3.2 mi |
| ANYTIME MOVING LLC Broken Arrow · 6 employees | $869K | 3.3 mi |
| COWAN CARRIERS LLC Broken Arrow · 2 employees | $1.6M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $818K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $172K |
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 | $360K |
| Multiple for this size and industry | 2.1× |
| Value range | $190K – $493K |
| Revenue range | $706K – $1.2M |
| EBITDA range | $113K – $196K |
| Industry (NAICS) | Used household and office goods moving (484210) |
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
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $30K | 3 |
| 2/19/2021 | second | $30K | 3 |
About Cargo Forwarding, Inc.
Cargo Forwarding, Inc. is a moving companies company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $172K of EBITDA. It has about 3 employees. Its estimated business value is $360K (likely range $190K–$493K).
Common questions
- Who owns Cargo Forwarding, Inc.?
- The owner of Cargo Forwarding, 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 Cargo Forwarding, Inc. make?
- SeeBITDA estimates Cargo Forwarding, Inc.'s annual revenue at about $1.1M (likely between $706K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cargo Forwarding, Inc. worth?
- About $360K, roughly 2.1× its estimated EBITDA of $172K, typical for a moving companies company its size. Likely range: $190K–$493K.
- How many employees does Cargo Forwarding, Inc. have?
- About 3, as reported on its PPP loan.