Merrell Transportation LLC
How we got $2.1M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 17% 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 TRANSPORTATION LLC this business | $4.9M | — |
| ARNCO PETROLEUM Tulsa · 26 employees | $19.2M | 2.1 mi |
| SDS INDUSTRIES LLC Tulsa · 2 employees | $917K | 3.7 mi |
| REGINALD TAYLOR Tulsa · 1 employees | $611K | 3.7 mi |
| AB MORA INC Broken Arrow · 4 employees | $1.4M | 4.0 mi |
| FT TRUCKING LLC Tulsa · 2 employees | $917K | 4.0 mi |
| CAMERON LOGISTICS LLC Tulsa · 122 employees | $73.2M | 4.1 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.6M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $646K |
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 | $2.1M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.1M – $2.8M |
| Revenue range | $3.2M – $5.6M |
| EBITDA range | $425K – $737K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/4/2020 | first | $166K | 14 |
| 2/26/2021 | second | $166K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Merrell Transportation LLC
Merrell Transportation LLC is a specialized freight (except used goods) trucking, local company in Tulsa, Oklahoma, in business since 2019. Its estimated annual revenue is about $4.9M, with roughly $646K of EBITDA. It has about 14 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.8M).
Common questions
- Who owns Merrell Transportation LLC?
- The owner of Merrell Transportation 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 Transportation LLC make?
- SeeBITDA estimates Merrell Transportation LLC's annual revenue at about $4.9M (likely between $3.2M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Merrell Transportation LLC worth?
- About $2.1M, roughly 3.2× its estimated EBITDA of $646K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $1.1M–$2.8M.
- How many employees does Merrell Transportation LLC have?
- About 14, as reported on its PPP loan.
- When was Merrell Transportation LLC founded?
- Merrell Transportation LLC has been in business since 2019.