Firestone Trucking Inc
How we got $15.0M
Based on its 109 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 20 years (since 2006)
- Headcount down 58% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Firestone Trucking Inc is a trucking company with yards in Minco, Calumet, and Watonga, Oklahoma, offering transport and service work. The pages say it commits to providing the best service to its customers, no matter how big or small the job.
From the company's website. Industry: General Freight Trucking, Local.
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.
Employees over time
▼ 59% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 109 | $15.4M |
| 2020 | Form 5500 | 66 | $9.3M |
| 2021 | Form 5500 | 76 | $10.7M |
| 2022 | Form 5500 | 108 | $15.3M |
| 2023 | Form 5500 | 53 | $7.5M |
| 2024 | Form 5500 | 46 | $6.5M |
| 2025 | Form 5500 | 45 | $6.4M |
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 |
|---|---|---|
| FIRESTONE TRUCKING INC this business | $29.6M | — |
| FROG TRUCKING LLC Minco · 1 employees | $489K | 1.5 mi |
| LOCKE WELDING INC Minco | $1.4M | 5.8 mi |
| LENNOX BROTHERS HARVESTING LLC Union City | $932K | 5.9 mi |
| HARRIS TRUCKING LLC Minco | $932K | 6.0 mi |
| Z FIRESTONE LLC Minco | $3.7M | 6.1 mi |
| DOUBLE L LOGISTICS LLC Minco | $932K | 6.2 mi |
The full calculation
| Employees reported to the SBA | 109 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $34.4M |
| Estimate: the two combined (geometric mean) | $29.6M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $3.2M |
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 | $15.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $7.9M – $20.6M |
| Revenue range | $19.4M – $33.7M |
| EBITDA range | $2.1M – $3.6M |
| 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
- BankingThe First National Bank and Trust Co, Chickasha, OklahomaPPP / 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
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020, PPP 2021 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $1.6M | 109 |
| 2/25/2021 | second | $1.1M | 58 |
2 locations
| 23 MAIN ST | Minco | This listing |
| 120 S Taylor Rd | Watonga | 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 Firestone Trucking Inc
Firestone Trucking Inc is a general freight trucking, local company in Minco, Oklahoma, in business since 2006. Its estimated annual revenue is about $29.6M, with roughly $3.2M of EBITDA. It has about 45 employees. Its estimated business value is $15.0M (likely range $7.9M–$20.6M). It has 2 locations.
Common questions
- Who owns Firestone Trucking Inc?
- The owner of Firestone Trucking 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 Firestone Trucking Inc make?
- SeeBITDA estimates Firestone Trucking Inc's annual revenue at about $29.6M (likely between $19.4M and $33.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Firestone Trucking Inc worth?
- About $15.0M, roughly 4.7× its estimated EBITDA of $3.2M, typical for a general freight trucking, local company its size. Likely range: $7.9M–$20.6M.
- How many employees does Firestone Trucking Inc have?
- About 45, from its 2025 retirement-plan filing.
- When was Firestone Trucking Inc founded?
- Firestone Trucking Inc has been in business since 2006.