Evans Transportation Services, Inc.
How we got $4.3M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 20% 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 Unlikely to sell soon
- In business 23 years (since 2003)
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 |
|---|---|---|
| EVANS TRANSPORTATION SERVICES, INC. this business | $11.9M | — |
| EVANS & ASSOCIATES ENTERPRISES, INC. Ponca City · 17 employees | $11.3M | 0.0 mi |
| TTR, LLC Ponca City · 4 employees | $3.6M | 5.6 mi |
| HIGH POINT PARNTERS LLC Newkirk · 10 employees | $9.5M | 12.7 mi |
| HIGHPOINT PARTNERS LLC Newkirk · 14 employees | $12.4M | 12.7 mi |
| RRY SERVICES, LLC Stillwater · 38 employees | $21.5M | 47.6 mi |
| STAN'S ASPHALT & CONSTRUCTION, INC. Enid · 10 employees | $4.1M | 47.9 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.8M |
| Estimate: the two combined (geometric mean) | $11.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.3M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.2M – $5.8M |
| Revenue range | $7.9M – $13.6M |
| EBITDA range | $827K – $1.4M |
| Industry (NAICS) | Highway, Street, and Bridge Construction (237310) |
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
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $274K | 19 |
2 locations
| 3320 N 14th Street | Ponca City | This listing |
| 2208 SW F Ave | Lawton | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Evans Transportation Services, Inc.
Evans Transportation Services, Inc. is a highway, street, and bridge construction company in Ponca City, Oklahoma, in business since 2003. Its estimated annual revenue is about $11.9M, with roughly $1.3M of EBITDA. It has about 19 employees. Its estimated business value is $4.3M (likely range $2.2M–$5.8M). It has 2 locations.
Common questions
- Who owns Evans Transportation Services, Inc.?
- The owner of Evans Transportation Services, 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 Evans Transportation Services, Inc. make?
- SeeBITDA estimates Evans Transportation Services, Inc.'s annual revenue at about $11.9M (likely between $7.9M and $13.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Evans Transportation Services, Inc. worth?
- About $4.3M, roughly 3.4× its estimated EBITDA of $1.3M, typical for a highway, street, and bridge construction company its size. Likely range: $2.2M–$5.8M.
- How many employees does Evans Transportation Services, Inc. have?
- About 19, as reported on its PPP loan.
- When was Evans Transportation Services, Inc. founded?
- Evans Transportation Services, Inc. has been in business since 2003.