Garman Trucking LLC
How we got $3.8M
Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GARMAN TRUCKING LLC this business | $8.6M | — |
| STEINERT EXPRESS, LLC Colcord · 1 employees | $801K | 0.5 mi |
| LARRY WILLIAMS TRUCKING, LLC Colcord · 78 employees | $19.6M | 1.3 mi |
| PLUS EV LLC Watts · 2 employees | $1.1M | 5.3 mi |
| JOANIE JOHNSON TRUCKING LLC Watts | $4.9M | 5.6 mi |
| FAIN RANCH LLC Watts | $932K | 5.9 mi |
| 860 FREIGHT LLC Watts | $2.1M | 6.0 mi |
The full calculation
| Employees reported to the SBA | 44 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $8.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.0M |
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 | 3.8× |
| Value range | $2.0M – $5.2M |
| Revenue range | $5.7M – $9.8M |
| EBITDA range | $659K – $1.1M |
| 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
- BankingCarson Community 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 Roles are as stated there and may be out of date.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
| Carson Community Bank PPP 2020, PPP 2021 | All 116 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $327K | 34 |
| 1/14/2021 | second | $395K | 44 |
2 locations
| 157 S CHERRY ST | Colcord | This listing |
| 24848 E 590 Rd | Watts | View |
Revenue, profit and value are for the whole company.
About Garman Trucking LLC
Garman Trucking LLC is a general freight trucking, local company in Colcord, Oklahoma. Its estimated annual revenue is about $8.6M, with roughly $1.0M of EBITDA. It has about 44 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M). It has 2 locations.
Common questions
- Who owns Garman Trucking LLC?
- The owner of Garman Trucking 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 Garman Trucking LLC make?
- SeeBITDA estimates Garman Trucking LLC's annual revenue at about $8.6M (likely between $5.7M and $9.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garman Trucking LLC worth?
- About $3.8M, roughly 3.8× its estimated EBITDA of $1.0M, typical for a general freight trucking, local company its size. Likely range: $2.0M–$5.2M.
- How many employees does Garman Trucking LLC have?
- About 44, as reported on its PPP loan.