Merrell Transport, LLC
How we got $7.9M
Based on its 23 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 TRANSPORT, LLC this business | $19.2M | — |
| DAS INVESTMENTS LLC Tulsa · 3 employees | $3.7M | 0.0 mi |
| MAP TRUCK LINES, LLC Tulsa · 1 employees | $636K | 5.9 mi |
| FAST - FORWARDERS, LLC Tulsa · 6 employees | $5.8M | 6.0 mi |
| CARGO TECH LLC Tulsa · 1 employees | $1.0M | 6.8 mi |
| AIR 1ST AVIATION COMPANIES OF OKLAHOMA, INC. Tulsa · 2 employees | $2.1M | 6.9 mi |
| LOADS INC Broken Arrow · 5 employees | $3.2M | 7.2 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.7M |
| Estimate: the two combined (geometric mean) | $19.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.7M |
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 | $7.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.2M – $10.9M |
| Revenue range | $12.6M – $21.8M |
| EBITDA range | $1.1M – $1.9M |
| 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/5/2020 | first | $327K | 23 |
| 1/20/2021 | second | $327K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Merrell Transport, LLC
Merrell Transport, LLC is a freight transportation arrangement company in Tulsa, Oklahoma, in business since 2012. Its estimated annual revenue is about $19.2M, with roughly $1.7M of EBITDA. It has about 23 employees. Its estimated business value is $7.9M (likely range $4.2M–$10.9M).
Common questions
- Who owns Merrell Transport, LLC?
- The owner of Merrell Transport, 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 Transport, LLC make?
- SeeBITDA estimates Merrell Transport, LLC's annual revenue at about $19.2M (likely between $12.6M and $21.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merrell Transport, LLC worth?
- About $7.9M, roughly 4.7× its estimated EBITDA of $1.7M, typical for a freight transportation arrangement company its size. Likely range: $4.2M–$10.9M.
- How many employees does Merrell Transport, LLC have?
- About 23, as reported on its PPP loan.
- When was Merrell Transport, LLC founded?
- Merrell Transport, LLC has been in business since 2012.