Johnson Crating Services, LLC
How we got $2.7M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 74% 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.
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: Wood Container and Pallet Manufacturing.
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 SERVICES, LLC this business | $5.5M | — |
| S & L CREATIONS LLC Oklahoma City · 1 employees | $1.1M | 1.4 mi |
| Country A's Pallet Oklahoma City | $3.0M | 4.1 mi |
| AUSTIN NICOLE AVERY, LLC Oklahoma City · 11 employees | $3.9M | 5.5 mi |
| QUALITY WHOLESALE MILLWORK INC Oklahoma City · 7 employees | $2.9M | 6.0 mi |
| CIMARRON PALLET MFG LLC Oklahoma City · 10 employees | $3.5M | 6.0 mi |
| PAL-SERV OF OKLAHOMA CITY LLC Oklahoma City · 36 employees | $14.4M | 6.1 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $5.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $722K |
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 | $2.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.4M – $3.8M |
| Revenue range | $3.6M – $6.3M |
| EBITDA range | $475K – $823K |
| Industry (NAICS) | Wood Container and Pallet Manufacturing (321920) |
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
“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 2020 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $107K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Johnson Crating Services, LLC
Johnson Crating Services, LLC is a wood container and pallet manufacturing company in Oklahoma City, Oklahoma, in business since 1986. Its estimated annual revenue is about $5.5M, with roughly $722K of EBITDA. It has about 15 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.8M).
Common questions
- Who owns Johnson Crating Services, LLC?
- The owner of Johnson Crating Services, LLC 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 Services, LLC make?
- SeeBITDA estimates Johnson Crating Services, LLC's annual revenue at about $5.5M (likely between $3.6M and $6.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Johnson Crating Services, LLC worth?
- About $2.7M, roughly 3.8× its estimated EBITDA of $722K, typical for a wood container and pallet manufacturing company its size. Likely range: $1.4M–$3.8M.
- How many employees does Johnson Crating Services, LLC have?
- About 15, as reported on its PPP loan.
- When was Johnson Crating Services, LLC founded?
- Johnson Crating Services, LLC has been in business since 1986.