J & B Heavy Haul Inc
How we got $6.3M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
J&B Heavy Haul is a family owned and operated asset-based carrier providing turnkey logistical solutions for over-dimensional moves, from single shipments and project cargo to entire plant moves, for the civil, power, petrochemical and manufacturing markets.
From the company's website. Industry: Freight Transportation Arrangement.
Customers & suppliers
Customers
- Oklahoma Railway Museum · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LSB INDUSTRIES, INC · Oklahoma City, 7 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 12 mi · $339.6M
- SOUTHWESTERN WIRE INC · Norman, 18 mi · $312.4M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 11 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 6 mi · $232.0M
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.
Employees over time
▼ 19% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 16 | $6.1M |
| 2020 | Form 5500 | 13 | $5.0M |
| 2021 | Form 5500 | 14 | $5.4M |
| 2022 | Form 5500 | 16 | $6.1M |
| 2023 | Form 5500 | 15 | $5.8M |
| 2024 | Form 5500 | 13 | $5.0M |
| 2025 | Form 5500 | 13 | $5.0M |
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 |
|---|---|---|
| J & B HEAVY HAUL INC this business | $15.2M | — |
| HAHN LOGISTICS LLC Oklahoma City · 1 employees | $1.3M | 1.5 mi |
| DOROTHYMARY TRUCKING Bethany · 1 employees | $887K | 4.0 mi |
| SOL TRANSPORT LLC Oklahoma City · 2 employees | $2.5M | 4.8 mi |
| ZURI TRANSPORTATION LLC Oklahoma City · 3 employees | $4.3M | 6.0 mi |
| TERCERO LOGISTICS, LLC Oklahoma City · 10 employees | $11.0M | 6.1 mi |
| REGION CARRIERS Oklahoma City · 1 employees | $1.6M | 6.2 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.1M |
| Estimate: the two combined (geometric mean) | $15.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| 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 | $6.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.3M – $8.6M |
| Revenue range | $10.0M – $17.3M |
| EBITDA range | $881K – $1.5M |
| 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
People & advisors
“Our founder, Jack Hodges, was a heavy haul and rigging pioneer who started J&B in 2011.”
Advisors
- BankingFirst Bethany Bank & TrustPPP / 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
| First Bethany Bank & Trust PPP 2020, PPP 2021 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $202K | 15 |
| 1/27/2021 | second | $278K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About J & B Heavy Haul Inc
J & B Heavy Haul Inc is a family-owned freight transportation arrangement company in Oklahoma City, Oklahoma, in business since 2011. It is owned by Jack Hodges (Founder). Its estimated annual revenue is about $15.2M, with roughly $1.3M of EBITDA. It has about 13 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.6M).
Common questions
- Who owns J & B Heavy Haul Inc?
- J & B Heavy Haul Inc is owned by Jack Hodges (Founder), according to public sources such as the company's website or filings.
- How much revenue does J & B Heavy Haul Inc make?
- SeeBITDA estimates J & B Heavy Haul Inc's annual revenue at about $15.2M (likely between $10.0M and $17.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J & B Heavy Haul Inc worth?
- About $6.3M, roughly 4.7× its estimated EBITDA of $1.3M, typical for a freight transportation arrangement company its size. Likely range: $3.3M–$8.6M.
- How many employees does J & B Heavy Haul Inc have?
- About 13, from its 2025 retirement-plan filing.
- When was J & B Heavy Haul Inc founded?
- J & B Heavy Haul Inc has been in business since 2011.