J. Higgins Trucking Inc
How we got $423K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 32% since 2021Today'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 |
|---|---|---|
| J. HIGGINS TRUCKING INC this business | $1.3M | — |
| PAUL TRANSPORTATION Tulsa · 150 employees | $68.0M | 0.4 mi |
| STARR OILFIELD SERVICES Tulsa · 37 employees | $8.3M | 0.6 mi |
| KD TRUCK LINES, LLC Tulsa · 4 employees | $1.8M | 1.1 mi |
| LAR LOGISTICS LLC Tulsa | $932K | 1.2 mi |
| TULSA TOPSOIL INC Tulsa | $932K | 1.3 mi |
| CROSSROADS FRESH CONNECTION INC Tulsa | $2.1M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $890K |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $201K |
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 | $423K |
| Multiple for this size and industry | 2.1× |
| Value range | $223K – $579K |
| Revenue range | $828K – $1.4M |
| EBITDA range | $132K – $230K |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
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
- BankingFirst Oklahoma 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 Roles are as stated there and may be out of date.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
| First Oklahoma Bank PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2021 | first | $17K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About J. Higgins Trucking Inc
J. Higgins Trucking Inc is a general freight trucking, long-distance, truckload company in Tulsa, Oklahoma, in business since 1999. Its estimated annual revenue is about $1.3M, with roughly $201K of EBITDA. It has about 3 employees. Its estimated business value is $423K (likely range $223K–$579K).
Common questions
- Who owns J. Higgins Trucking Inc?
- The owner of J. Higgins Trucking 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 J. Higgins Trucking Inc make?
- SeeBITDA estimates J. Higgins Trucking Inc's annual revenue at about $1.3M (likely between $828K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J. Higgins Trucking Inc worth?
- About $423K, roughly 2.1× its estimated EBITDA of $201K, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $223K–$579K.
- How many employees does J. Higgins Trucking Inc have?
- About 3, as reported on its PPP loan.
- When was J. Higgins Trucking Inc founded?
- J. Higgins Trucking Inc has been in business since 1999.