Miles Shipping Corporation
How we got $1.3M
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
▲ 15% 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 |
|---|---|---|
| MILES SHIPPING CORPORATION this business | $3.4M | — |
| AMERICAN CRATING COMPANY Tulsa · 51 employees | $14.6M | 7.0 mi |
| FLIGHT LOGISTICS LLC Broken Arrow · 2 employees | $1.2M | 9.4 mi |
| WWD, LLC Tulsa · 7 employees | $3.7M | 9.4 mi |
| RUNAWAY AUTO TRANSPORT LLC Tulsa · 5 employees | $3.2M | 10.2 mi |
| OKLAHOMA EXPORT CRATING, L.L.C. Tulsa · 7 employees | $5.7M | 10.7 mi |
| WRIGHT TRANSPORTATION AND MOBILE HOME SERVICES Tulsa · 9 employees | $5.2M | 11.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $406K |
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 | 3.2× |
| Value range | $684K – $1.8M |
| Revenue range | $2.3M – $3.9M |
| EBITDA range | $267K – $463K |
| Industry (NAICS) | Packing and Crating (488991) |
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
People & advisors
Advisors
- BankingThe Central Trust 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 Roles are as stated there and may be out of date.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
| The Central Trust Bank PPP 2020, PPP 2021 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $37K | 4 |
| 1/22/2021 | second | $35K | 4 |
About Miles Shipping Corporation
Miles Shipping Corporation is a packing and crating company in Catoosa, Oklahoma. Its estimated annual revenue is about $3.4M, with roughly $406K of EBITDA. It has about 4 employees. Its estimated business value is $1.3M (likely range $684K–$1.8M).
Common questions
- Who owns Miles Shipping Corporation?
- The owner of Miles Shipping Corporation 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 Miles Shipping Corporation make?
- SeeBITDA estimates Miles Shipping Corporation's annual revenue at about $3.4M (likely between $2.3M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Miles Shipping Corporation worth?
- About $1.3M, roughly 3.2× its estimated EBITDA of $406K, typical for a packing and crating company its size. Likely range: $684K–$1.8M.
- How many employees does Miles Shipping Corporation have?
- About 4, as reported on its PPP loan.