Latimer Trucking LLC
How we got $1.3M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 38% 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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LATIMER TRUCKING LLC this business | $3.3M | — |
| DODSON SERVICES LLC Elgin · 1 employees | $460K | 4.0 mi |
| MACS CONCRETE INC Fletcher | $3.7M | 4.3 mi |
| CHIZUM'S FENCING, L.L.C. Fletcher | $1.9M | 4.4 mi |
| A F WASS LUMBER & HARDWARE INC Cyril | $1.9M | 4.4 mi |
| FLASH CARRIERS INC Fletcher | $5.6M | 4.7 mi |
| NH TRANSPORT LLC Cyril | $3.3M | 4.7 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $483K |
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 | $1.3M |
| Multiple for this size and industry | 2.6× |
| Value range | $661K – $1.7M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $318K – $551K |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingLiberty National 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 Roles are as stated there and may be out of date.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
| Liberty National Bank PPP 2020 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $42K | 9 |
2 locations
| 13054 NE KING RD | Fletcher | This listing |
| 11596 NE Keeney Rd | Elgin | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Latimer Trucking LLC
Latimer Trucking LLC is a general freight trucking, long-distance, truckload company in Fletcher, Oklahoma, in business since 2001. It is owned by Doyle Latimer. Its estimated annual revenue is about $3.3M, with roughly $483K of EBITDA. It has about 9 employees. Its estimated business value is $1.3M (likely range $661K–$1.7M). It has 2 locations.
Common questions
- Who owns Latimer Trucking LLC?
- Latimer Trucking LLC is owned by Doyle Latimer, according to public sources such as the company's website or filings.
- How much revenue does Latimer Trucking LLC make?
- SeeBITDA estimates Latimer Trucking LLC's annual revenue at about $3.3M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Latimer Trucking LLC worth?
- About $1.3M, roughly 2.6× its estimated EBITDA of $483K, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $661K–$1.7M.
- How many employees does Latimer Trucking LLC have?
- About 9, as reported on its PPP loan.
- When was Latimer Trucking LLC founded?
- Latimer Trucking LLC has been in business since 2001.