Johnson Crating Service L.L.C.
How we got $5.4M
Based on its 14 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 9% 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.
What we know
Signs of a sale Some signs of a sale
- In business 40 years (since 1986)
From public records and the company's website, not a statement that it's for sale.
What they do
Johnson Crating is a crating and shipping company in Oklahoma City that crates and transports items to any location, using select carriers with negotiated shipping rates.
From the company's website. Industry: Packing and Crating.
Customers & suppliers
Customers
- Marathon Oil · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 5 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 16 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 16 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 7 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 12 mi · $708.4M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOHNSON CRATING SERVICE L.L.C. this business | $12.1M | — |
| SKAI LOGISTICS LLC Oklahoma City · 14 employees | $4.8M | 2.3 mi |
| JMT TRANSPORTATION LLC Oklahoma City · 1 employees | $343K | 3.0 mi |
| DO IT ALL TRANSPORT, LLC Del City · 1 employees | $410K | 3.4 mi |
| PRO-TECH INC Moore · 1 employees | $471K | 4.3 mi |
| ECO NATIONAL LLC Del City · 2 employees | $936K | 4.7 mi |
| PICKENS TRUCKING LLC Oklahoma City · 1 employees | $605K | 6.2 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.5M |
| Estimate: the two combined (geometric mean) | $12.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.4M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.8M – $7.4M |
| Revenue range | $8.0M – $13.8M |
| EBITDA range | $756K – $1.3M |
| Industry (NAICS) | Packing and Crating (488991) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Johnson Crating is the second in a chain of packaging businesses that originally started in the early 1980’s.”
Advisors
- BankingFirst National Bank of OklahomaPPP / 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 National Bank of Oklahoma PPP 2021 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | second | $131K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Johnson Crating Service L.L.C.
Johnson Crating Service L.L.C. is a packing and crating company in Oklahoma City, Oklahoma, in business since 1986. Its estimated annual revenue is about $12.1M, with roughly $1.1M of EBITDA. It has about 14 employees. Its estimated business value is $5.4M (likely range $2.8M–$7.4M).
Common questions
- Who owns Johnson Crating Service L.L.C.?
- The owner of Johnson Crating Service L.L.C. 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 Johnson Crating Service L.L.C. make?
- SeeBITDA estimates Johnson Crating Service L.L.C.'s annual revenue at about $12.1M (likely between $8.0M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Johnson Crating Service L.L.C. worth?
- About $5.4M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a packing and crating company its size. Likely range: $2.8M–$7.4M.
- How many employees does Johnson Crating Service L.L.C. have?
- About 14, as reported on its PPP loan.
- When was Johnson Crating Service L.L.C. founded?
- Johnson Crating Service L.L.C. has been in business since 1986.