Clay Armstrong
How we got $137K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 8% since 2021Today'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 |
|---|---|---|
| CLAY ARMSTRONG this business | $348K | — |
| C P & C SERVICES INC Vinita · 1 employees | $350K | 0.0 mi |
| AMEL BROWN Vinita · 2 employees | $1.1M | 4.7 mi |
| RELIABLE CRYOGENICS LLC Vinita · 2 employees | $962K | 4.7 mi |
| HAYES LP GAS CO INC Langley | $932K | 4.8 mi |
| SHANE BEST TRUCKING INC Strang · 11 employees | $3.3M | 5.3 mi |
| FIRST CLASS TRANSPORT LLC Strang | $2.5M | 7.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $357K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $262K |
| Estimate: the two combined (geometric mean) | $348K |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $65K |
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 | $137K |
| Multiple for this size and industry | 2.1× |
| Value range | $72K – $188K |
| Revenue range | $229K – $397K |
| EBITDA range | $43K – $74K |
| 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
People & advisors
Advisors
- BankingVast Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Vast Bank, National Association PPP 2021 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/2/2021 | second | $6K | 1 |
About Clay Armstrong
Clay Armstrong is a general freight trucking, local company in Vinita, Oklahoma. Its estimated annual revenue is about $348K, with roughly $65K of EBITDA. It has about 1 employees. Its estimated business value is $137K (likely range $72K–$188K).
Common questions
- Who owns Clay Armstrong?
- The owner of Clay Armstrong 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 Clay Armstrong make?
- SeeBITDA estimates Clay Armstrong's annual revenue at about $348K (likely between $229K and $397K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Clay Armstrong worth?
- About $137K, roughly 2.1× its estimated EBITDA of $65K, typical for a general freight trucking, local company its size. Likely range: $72K–$188K.
- How many employees does Clay Armstrong have?
- About 1, as reported on its PPP loan.