Hoffman Transportation, Inc
How we got $5.0M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 36 years (since 1990)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 8% 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 |
|---|---|---|
| HOFFMAN TRANSPORTATION, INC this business | $11.3M | — |
| ZEISET FARMS LLC Chickasha · 1 employees | $672K | 1.3 mi |
| TAS TRUCKING, INC. Chickasha · 36 employees | $31.2M | 2.1 mi |
| OUTLAW HOT SHOT SERVICE LLC Chickasha · 1 employees | $777K | 2.8 mi |
| MICHAEL JEFFREY COPPAGE Chickasha · 1 employees | $500K | 3.9 mi |
| WRAY TRUCKING LLC Chickasha · 1 employees | $320K | 4.0 mi |
| NTC TRUCKING LLC Ninnekah · 16 employees | $4.4M | 7.5 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.4M |
| Estimate: the two combined (geometric mean) | $11.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.6M – $6.8M |
| Revenue range | $7.4M – $12.9M |
| EBITDA range | $865K – $1.5M |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Long-Distance (484230) |
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
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, PPP 2021 | 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 |
|---|---|---|---|
| 4/9/2020 | first | $185K | 15 |
| 1/23/2021 | second | $185K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hoffman Transportation, Inc
Hoffman Transportation, Inc is a specialized freight (except used goods) trucking, long-distance company in Chickasha, Oklahoma, in business since 1990. Its estimated annual revenue is about $11.3M, with roughly $1.3M of EBITDA. It has about 15 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Hoffman Transportation, Inc?
- The owner of Hoffman Transportation, 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 Hoffman Transportation, Inc make?
- SeeBITDA estimates Hoffman Transportation, Inc's annual revenue at about $11.3M (likely between $7.4M and $12.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hoffman Transportation, Inc worth?
- About $5.0M, roughly 3.8× its estimated EBITDA of $1.3M, typical for a specialized freight (except used goods) trucking, long-distance company its size. Likely range: $2.6M–$6.8M.
- How many employees does Hoffman Transportation, Inc have?
- About 15, as reported on its PPP loan.
- When was Hoffman Transportation, Inc founded?
- Hoffman Transportation, Inc has been in business since 1990.