Croix Xpress Co
How we got $3.8M
Based on its 36 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 57% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 24% 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
▼ 75% since 2020Show as table
| Year | Source | Employees |
|---|---|---|
| 2020 | PPP loan | 36 |
| 2020 | Form 5500 | 21 |
| 2021 | Form 5500 | 10 |
| 2022 | Form 5500 | 9 |
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 |
|---|---|---|
| CROIX XPRESS CO this business | $9.9M | — |
| ELITE I & E, LLC Tulsa · 20 employees | $6.2M | 0.5 mi |
| TULSA CHILDREN'S DEVELOPMENT CENTER PLLC Tulsa · 2 employees | $980K | 0.5 mi |
| BOLICIOUS INC Tulsa · 4 employees | $2.6M | 1.2 mi |
| NMW, LLC Tulsa · 13 employees | $5.0M | 1.5 mi |
| TAUBEL GROUP, LLC Bixby · 1 employees | $629K | 1.5 mi |
| CAROLE'S HOPE LLC Tulsa · 1 employees | $640K | 1.7 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $9.9M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $995K |
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 | $3.8M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.0M – $5.2M |
| Revenue range | $6.5M – $11.3M |
| EBITDA range | $654K – $1.1M |
| Industry (NAICS) | Unclassified (999990) |
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: sector default. 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
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $241K | 36 |
About Croix Xpress Co
Croix Xpress Co is an unclassified company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $9.9M, with roughly $995K of EBITDA. It has about 9 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Croix Xpress Co?
- The owner of Croix Xpress Co 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 Croix Xpress Co make?
- SeeBITDA estimates Croix Xpress Co's annual revenue at about $9.9M (likely between $6.5M and $11.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Croix Xpress Co worth?
- About $3.8M, roughly 3.8× its estimated EBITDA of $995K, typical for a unclassified company its size. Likely range: $2.0M–$5.2M.
- How many employees does Croix Xpress Co have?
- About 9, from its 2022 retirement-plan filing.