Fomby and Sons Towing, Truck and Tire Repair LLC
How we got $848K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Fomby & Sons Towing, Truck & Tire Repair offers fast towing and professional auto repair and auto body services for cars and semis. It serves drivers needing roadside help in the listed Oklahoma and Texas areas.
From the company's website. Industry: Motor Vehicle Towing.
Customers & suppliers
Customers
- UPS · named on its website
Estimated value over time
▲ 35% 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 |
|---|---|---|
| FOMBY AND SONS TOWING, TRUCK AND TIRE REPAIR LLC this business | $2.2M | — |
| MULLINS, INC. Atoka · 4 employees | $851K | 2.8 mi |
| ATOKA TAG AGENCY Atoka · 3 employees | $608K | 3.2 mi |
| DENISE GRAHAM Atoka · 5 employees | $827K | 3.2 mi |
| CANAM ROAD SERVICES LLC Atoka · 2 employees | $455K | 4.3 mi |
| T W ENTERPRISE-KTJ ESCORT INC Coaglate · 36 employees | $10.2M | 16.7 mi |
| MIKE'S SERVICE CENTER INC Durant · 4 employees | $1.6M | 26.6 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $265K |
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 | $848K |
| Multiple for this size and industry | 3.2× |
| Value range | $446K – $1.2M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $174K – $302K |
| Industry (NAICS) | Motor Vehicle Towing (488410) |
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
“For over 30 years, Fomby & Sons Towing, Truck & Tire has proudly been serving the towing, auto repair and auto body needs for the Atoka, OK area.”
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 |
|---|---|---|---|
| 4/27/2020 | first | $85K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fomby and Sons Towing, Truck and Tire Repair LLC
Fomby and Sons Towing, Truck and Tire Repair LLC is a motor vehicle towing company in Atoka, Oklahoma, in business since 2014. Its estimated annual revenue is about $2.2M, with roughly $265K of EBITDA. It has about 10 employees. Its estimated business value is $848K (likely range $446K–$1.2M).
Common questions
- Who owns Fomby and Sons Towing, Truck and Tire Repair LLC?
- The owner of Fomby and Sons Towing, Truck and Tire Repair LLC 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 Fomby and Sons Towing, Truck and Tire Repair LLC make?
- SeeBITDA estimates Fomby and Sons Towing, Truck and Tire Repair LLC's annual revenue at about $2.2M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fomby and Sons Towing, Truck and Tire Repair LLC worth?
- About $848K, roughly 3.2× its estimated EBITDA of $265K, typical for a motor vehicle towing company its size. Likely range: $446K–$1.2M.
- How many employees does Fomby and Sons Towing, Truck and Tire Repair LLC have?
- About 10, as reported on its PPP loan.
- When was Fomby and Sons Towing, Truck and Tire Repair LLC founded?
- Fomby and Sons Towing, Truck and Tire Repair LLC has been in business since 2014.