Harris Trucking Company, Inc.
How we got $693K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 17% 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $896K |
| 2020 | Form 5500 | 3 | $672K |
| 2021 | Form 5500 | 3 | $672K |
| 2022 | Form 5500 | 1 | $224K |
| 2023 | Form 5500 | 4 | $896K |
| 2024 | Form 5500 | 4 | $896K |
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 |
|---|---|---|
| HARRIS TRUCKING COMPANY, INC. this business | $1.8M | — |
| MUSTANG TRUCKING Broken Arrow · 5 employees | $1.8M | 7.9 mi |
| NETCO TRUX LLC Broken Arrow · 1 employees | $653K | 9.9 mi |
| BAYOUTH LOGISTICS Catoosa · 8 employees | $4.8M | 10.0 mi |
| VIKTOR SHVETS JR Broken Arrow · 1 employees | $528K | 11.6 mi |
| SCHROEDER TRUCKING, LLC Claremore · 1 employees | $1.2M | 11.9 mi |
| SPEED OF LIGHT TRUCKING LLC Claremore · 1 employees | $928K | 12.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $266K |
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 | $693K |
| Multiple for this size and industry | 2.6× |
| Value range | $365K – $948K |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $175K – $304K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
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
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $41K | 4 |
About Harris Trucking Company, Inc.
Harris Trucking Company, Inc. is a specialized freight (except used goods) trucking, local company in Inola, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $266K of EBITDA. It has about 4 employees. Its estimated business value is $693K (likely range $365K–$948K).
Common questions
- Who owns Harris Trucking Company, Inc.?
- The owner of Harris Trucking Company, 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 Harris Trucking Company, Inc. make?
- SeeBITDA estimates Harris Trucking Company, Inc.'s annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Harris Trucking Company, Inc. worth?
- About $693K, roughly 2.6× its estimated EBITDA of $266K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $365K–$948K.
- How many employees does Harris Trucking Company, Inc. have?
- About 4, from its 2024 retirement-plan filing.