Friesen Trailers
How we got $3.8M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 25% 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 |
|---|---|---|
| FRIESEN TRAILERS this business | $9.4M | — |
| ACECO VALVE LLC Mounds · 28 employees | $48.2M | 29.8 mi |
| TULSA TRUCK MFG CO INC Tulsa · 11 employees | $8.3M | 51.3 mi |
| TULSA TRUCKING MFG CO. INC Tulsa · 10 employees | $7.9M | 51.3 mi |
| USA RARE EARTH MAGNETS LLC Stillwater | $1.6M | 61.5 mi |
| TANNER SIMS MOTORSPORTS LLC Wynnewood · 3 employees | $5.7M | 72.1 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $9.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $964K |
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 | 3.9× |
| Value range | $2.0M – $5.1M |
| Revenue range | $6.2M – $10.7M |
| EBITDA range | $634K – $1.1M |
| Industry (NAICS) | Heavy Duty Truck Manufacturing (336120) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $102K | 13 |
About Friesen Trailers
Friesen Trailers is a heavy duty truck manufacturing company in Castle, Oklahoma. Its estimated annual revenue is about $9.4M, with roughly $964K of EBITDA. It has about 13 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.1M).
Common questions
- Who owns Friesen Trailers?
- The owner of Friesen Trailers 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 Friesen Trailers make?
- SeeBITDA estimates Friesen Trailers's annual revenue at about $9.4M (likely between $6.2M and $10.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Friesen Trailers worth?
- About $3.8M, roughly 3.9× its estimated EBITDA of $964K, typical for a heavy duty truck manufacturing company its size. Likely range: $2.0M–$5.1M.
- How many employees does Friesen Trailers have?
- About 13, as reported on its PPP loan.