Faith Transportation, Inc
How we got $307K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 14% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FAITH TRANSPORTATION, INC this business | $781K | — |
| SEVEN PAIR TRUCKING, INC Durant · 4 employees | $2.2M | 0.1 mi |
| GRIDCORE INFRASTRUCTURE LLC Calera | $3.5M | 4.6 mi |
| CALERA TRUCKING INC Calera · 6 employees | $2.3M | 4.7 mi |
| TEXOMA EROSION CONTROL SERVICES LLC Calera | $1.4M | 4.8 mi |
| MIKE LEMONS WELL SERVICE LLC Calera | $932K | 4.9 mi |
| KRL TRUCKING LLC Calera | $932K | 5.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $713K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $657K |
| Estimate: the two combined (geometric mean) | $781K |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $146K |
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 | $307K |
| Multiple for this size and industry | 2.1× |
| Value range | $162K – $421K |
| Revenue range | $514K – $890K |
| EBITDA range | $96K – $167K |
| 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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $16K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Faith Transportation, Inc
Faith Transportation, Inc is a general freight trucking, local company in Durant, Oklahoma, in business since 1999. Its estimated annual revenue is about $781K, with roughly $146K of EBITDA. It has about 2 employees. Its estimated business value is $307K (likely range $162K–$421K).
Common questions
- Who owns Faith Transportation, Inc?
- The owner of Faith Transportation, 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 Faith Transportation, Inc make?
- SeeBITDA estimates Faith Transportation, Inc's annual revenue at about $781K (likely between $514K and $890K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Faith Transportation, Inc worth?
- About $307K, roughly 2.1× its estimated EBITDA of $146K, typical for a general freight trucking, local company its size. Likely range: $162K–$421K.
- How many employees does Faith Transportation, Inc have?
- About 2, as reported on its PPP loan.
- When was Faith Transportation, Inc founded?
- Faith Transportation, Inc has been in business since 1999.