Fulton Bros Transport Services
How we got $2.0M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 31% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FULTON BROS TRANSPORT SERVICES this business | $4.8M | — |
| STARLIGHT EXPRESS LLC Tulsa · 10 employees | $7.8M | 3.7 mi |
| RED MONKEY EXPORTING INC Tulsa · 1 employees | $916K | 5.4 mi |
| JD DELIVERY SERVICE INC Sapulpa · 26 employees | $18.5M | 7.1 mi |
| RXO Tulsa | $1.1M | 8.1 mi |
| MERRELL LOGISTICS LLC Tulsa · 4 employees | $3.0M | 8.6 mi |
| CARGO TECH LLC Tulsa · 1 employees | $1.0M | 8.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $512K |
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 | $2.0M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.1M – $2.7M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $337K – $584K |
| Industry (NAICS) | Freight Transportation Arrangement (488510) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $62K | 5 |
About Fulton Bros Transport Services
Fulton Bros Transport Services is a freight transportation arrangement company in Tulsa, Oklahoma. Its estimated annual revenue is about $4.8M, with roughly $512K of EBITDA. It has about 5 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.7M).
Common questions
- Who owns Fulton Bros Transport Services?
- The owner of Fulton Bros Transport Services 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 Fulton Bros Transport Services make?
- SeeBITDA estimates Fulton Bros Transport Services's annual revenue at about $4.8M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fulton Bros Transport Services worth?
- About $2.0M, roughly 3.9× its estimated EBITDA of $512K, typical for a freight transportation arrangement company its size. Likely range: $1.1M–$2.7M.
- How many employees does Fulton Bros Transport Services have?
- About 5, as reported on its PPP loan.