Elk City Trucking Services Inc.
How we got $3.8M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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 52 years (since 1974)
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 |
|---|---|---|
| ELK CITY TRUCKING SERVICES INC. this business | $3.5M | — |
| halliburton Elk City | $1.3M | 0.3 mi |
| BARNETT & BARNETT ENTERPRISES, LLC Elk City · 2 employees | $1.3M | 0.5 mi |
| SMITH MUD CONSULTING, LLC Elk City · 1 employees | $711K | 0.5 mi |
| CASINJAC, LLC Elk City · 1 employees | $717K | 0.7 mi |
| 5M OILFIELD SERVICES, LLC. Elk City · 1 employees | $575K | 0.8 mi |
| ROGERS OILFIELD SERVICES, LLC Elk City · 1 employees | $654K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.1M |
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 | 3.6× |
| Value range | $2.0M – $5.2M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $697K – $1.2M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $73K | 9 |
| 2/3/2021 | second | $102K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elk City Trucking Services Inc.
Elk City Trucking Services Inc. is an oil & gas company in Elk City, Oklahoma, in business since 1974. It is owned by Jeremy Beck (Owner / Officer). Its estimated annual revenue is about $3.5M, with roughly $1.1M of EBITDA. It has about 9 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Elk City Trucking Services Inc.?
- Elk City Trucking Services Inc. is owned by Jeremy Beck (Owner / Officer), according to public sources such as the company's website or filings.
- How much revenue does Elk City Trucking Services Inc. make?
- SeeBITDA estimates Elk City Trucking Services Inc.'s annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elk City Trucking Services Inc. worth?
- About $3.8M, roughly 3.6× its estimated EBITDA of $1.1M, typical for a oil & gas company its size. Likely range: $2.0M–$5.2M.
- How many employees does Elk City Trucking Services Inc. have?
- About 9, as reported on its PPP loan.
- When was Elk City Trucking Services Inc. founded?
- Elk City Trucking Services Inc. has been in business since 1974.