Double L Transport Inc
How we got $2.1M
Based on its 9 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 52 years (since 1974)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 13% 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
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 9 | $2.2M |
| 2020 | Form 5500 | 11 | $2.7M |
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 |
|---|---|---|
| DOUBLE L TRANSPORT INC this business | $5.1M | — |
| CNG LOGISTICS LLC Turpin | $5.4M | 9.1 mi |
| ADAMS FARMS LLC Baker | $2.1M | 9.3 mi |
| CHANCE'S LLC Turpin | $1.4M | 9.5 mi |
| JV ENERGY SERVICES INC Turpin | $3.3M | 9.5 mi |
| CARLILE SAND CO Turpin | $932K | 9.5 mi |
| EGGERS TRANSPORT LLC Turpin · 1 employees | $490K | 9.6 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $5.1M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $668K |
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 | $2.1M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.1M – $2.9M |
| Revenue range | $3.3M – $5.8M |
| EBITDA range | $439K – $761K |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
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
Leadership
- DRDennis R LoeppSigned for the company · 2020 retirement-plan filing (Form 5500)
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 7(a) 2021, 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 |
|---|---|---|---|
| 3/24/2021 | first | $95K | 9 |
Public records
| Feb 2021 | 7(a) | $925K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Double L Transport Inc
Double L Transport Inc is a general freight trucking, long-distance, truckload company in Turpin, Oklahoma, in business since 1974. Its estimated annual revenue is about $5.1M, with roughly $668K of EBITDA. It has about 11 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Double L Transport Inc?
- The owner of Double L Transport 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 Double L Transport Inc make?
- SeeBITDA estimates Double L Transport Inc's annual revenue at about $5.1M (likely between $3.3M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Double L Transport Inc worth?
- About $2.1M, roughly 3.2× its estimated EBITDA of $668K, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $1.1M–$2.9M.
- How many employees does Double L Transport Inc have?
- About 11, from its 2020 retirement-plan filing.
- When was Double L Transport Inc founded?
- Double L Transport Inc has been in business since 1974.