Merrell Logistics LLC
How we got $1.1M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| MERRELL LOGISTICS LLC this business | $3.0M | — |
| AIR 1ST AVIATION COMPANIES OF OKLAHOMA, INC. Tulsa · 2 employees | $2.1M | 4.1 mi |
| RED MONKEY EXPORTING INC Tulsa · 1 employees | $916K | 6.9 mi |
| CARGO TECH LLC Tulsa · 1 employees | $1.0M | 7.2 mi |
| MAP TRUCK LINES, LLC Tulsa · 1 employees | $636K | 7.3 mi |
| FULTON BROS TRANSPORT SERVICES Tulsa · 5 employees | $4.8M | 8.6 mi |
| FAST - FORWARDERS, LLC Tulsa · 6 employees | $5.8M | 10.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $351K |
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 | $1.1M |
| Multiple for this size and industry | 3.2× |
| Value range | $592K – $1.5M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $231K – $401K |
| Industry (NAICS) | Freight Transportation Arrangement (488510) |
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
People & advisors
Advisors
- BankingFirst Oklahoma 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 Roles are as stated there and may be out of date.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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/19/2020 | first | $22K | 3 |
| 1/23/2021 | second | $22K | 4 |
About Merrell Logistics LLC
Merrell Logistics LLC is a freight transportation arrangement company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $351K of EBITDA. It has about 4 employees. Its estimated business value is $1.1M (likely range $592K–$1.5M).
Common questions
- Who owns Merrell Logistics LLC?
- The owner of Merrell Logistics 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 Merrell Logistics LLC make?
- SeeBITDA estimates Merrell Logistics LLC's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merrell Logistics LLC worth?
- About $1.1M, roughly 3.2× its estimated EBITDA of $351K, typical for a freight transportation arrangement company its size. Likely range: $592K–$1.5M.
- How many employees does Merrell Logistics LLC have?
- About 4, as reported on its PPP loan.