Jennings Trucking Service, Inc.
How we got $2.6M
Based on its 21 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JENNINGS TRUCKING SERVICE, INC. this business | $6.1M | — |
| CS LAND AND CATTLE CO LLC Hobart · 1 employees | $467K | 14.7 mi |
| KRIS KNAUSS ENTERPRISES LLC Fort Cobb · 2 employees | $984K | 26.9 mi |
| MARSH TRANSPORT, INC. Altus · 3 employees | $2.5M | 28.6 mi |
| KEITH'S TRUCKING LLC Lawton · 1 employees | $647K | 29.9 mi |
| WILDWEST TRUCKING LLC Altus · 22 employees | $9.3M | 30.1 mi |
| MEGAJ TRANSPORT, L.L.C Lawton · 1 employees | $408K | 30.1 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $6.1M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $804K |
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 | $2.6M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.4M – $3.5M |
| Revenue range | $4.0M – $6.9M |
| EBITDA range | $529K – $917K |
| 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
- BankingFrazer 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 Roles are as stated there and may be out of date.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
| Frazer Bank PPP 2020 | All 177 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $189K | 21 |
About Jennings Trucking Service, Inc.
Jennings Trucking Service, Inc. is a specialized freight (except used goods) trucking, local company in Gotebo, Oklahoma. Its estimated annual revenue is about $6.1M, with roughly $804K of EBITDA. It has about 21 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.5M).
Common questions
- Who owns Jennings Trucking Service, Inc.?
- The owner of Jennings Trucking Service, 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 Jennings Trucking Service, Inc. make?
- SeeBITDA estimates Jennings Trucking Service, Inc.'s annual revenue at about $6.1M (likely between $4.0M and $6.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jennings Trucking Service, Inc. worth?
- About $2.6M, roughly 3.2× its estimated EBITDA of $804K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $1.4M–$3.5M.
- How many employees does Jennings Trucking Service, Inc. have?
- About 21, as reported on its PPP loan.