Johnson Lumber Company, Inc
How we got $3.7M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 48% 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 56 years (since 1970)
From public records and the company's website, not a statement that it's for sale.
What they do
Johnson Lumber Company is a family-owned sawmill in Spavinaw, Oklahoma, selling mill-direct hardwood lumber, flooring, exotic wood, plywood, mulch and related items. It also buys logs from timber sellers.
From the company's website. Industry: Sawmills.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JOHNSON LUMBER COMPANY, INC this business | $7.5M | — |
| Catale Sawmill Big Cabin | $4.0M | 24.5 mi |
| FG SAWMILL LLC Stilwell · 8 employees | $4.3M | 37.3 mi |
| TRIPLE E SAWMILL Stilwell · 25 employees | $10.2M | 44.2 mi |
| FENCE BUILDERS OF OKLAHOMA Broken Arrow · 2 employees | $1.5M | 49.1 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.0M |
| Estimate: the two combined (geometric mean) | $7.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $984K |
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 | $3.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.0M – $5.1M |
| Revenue range | $4.9M – $8.5M |
| EBITDA range | $647K – $1.1M |
| Industry (NAICS) | Sawmills (321113) |
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
Advisors
- BankingAmerican 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
| American Bank of Oklahoma PPP 2020, PPP 2021 | All 137 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $98K | 19 |
| 3/2/2021 | second | $70K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Johnson Lumber Company, Inc
Johnson Lumber Company, Inc is a family-owned sawmills company in Spavinaw, Oklahoma, in business since 1970. Its estimated annual revenue is about $7.5M, with roughly $984K of EBITDA. It has about 19 employees. Its estimated business value is $3.7M (likely range $2.0M–$5.1M).
Common questions
- Who owns Johnson Lumber Company, Inc?
- The owner of Johnson Lumber Company, 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 Johnson Lumber Company, Inc make?
- SeeBITDA estimates Johnson Lumber Company, Inc's annual revenue at about $7.5M (likely between $4.9M and $8.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Johnson Lumber Company, Inc worth?
- About $3.7M, roughly 3.8× its estimated EBITDA of $984K, typical for a sawmills company its size. Likely range: $2.0M–$5.1M.
- How many employees does Johnson Lumber Company, Inc have?
- About 19, as reported on its PPP loan.
- When was Johnson Lumber Company, Inc founded?
- Johnson Lumber Company, Inc has been in business since 1970.