Miller Truck Lines LLC
How we got $64.6M
Based on its 242 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
- Headcount down 42% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▼ 37% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 242 | $59.1M |
| 2020 | Form 5500 | 263 | $64.3M |
| 2021 | Form 5500 | 227 | $55.5M |
| 2022 | Form 5500 | 180 | $44.0M |
| 2023 | Form 5500 | 153 | $37.4M |
| 2024 | Form 5500 | 153 | $37.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MILLER TRUCK LINES LLC this business | $106.6M | — |
| PALM OPERATING LLC Stroud | $932K | 0.0 mi |
| MCFEE TRUCKING LLC Stroud | $932K | 0.1 mi |
| PRESHO HOLDINGS LLC Stroud | $932K | 0.3 mi |
| HART DIRT & DEMOLITION LLC Stroud | $932K | 0.4 mi |
| WERSCHKY CROSS CREEK FARMS LLC Stroud | $5.6M | 0.4 mi |
| MILLER BROS WELDING & ROUSTABOUT INC Stroud | $1.4M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 242 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $84.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $103.8M |
| Estimate: the two combined (geometric mean) | $106.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $10.1M |
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 | $64.6M |
| Multiple for this size and industry | 6.4× |
| Value range | $34.0M – $88.4M |
| Revenue range | $70.1M – $121.6M |
| EBITDA range | $6.6M – $11.5M |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
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
- AccountingEide Bailly LLPAudits its 401(k) plan (2024 filing)
- BankingTBK Bank, SSB, RCB 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
| RCB Bank PPP 2021 | All 1,690 borrowers → |
| TBK Bank, SSB PPP 2020 | All 3 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $3.4M | 1 |
| 3/16/2021 | second | $2.0M | 242 |
3 locations
| 105 N 8TH AVE | Stroud | This listing |
| 4231 S Elwood Ave | Tulsa | View |
| 4231 S Elwood Ave, Tulsa, OK 74107 | Tulsa | 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 Miller Truck Lines LLC
Miller Truck Lines LLC is a general freight trucking, long-distance, truckload company in Stroud, Oklahoma, in business since 2000. It is owned by James Miller. Its estimated annual revenue is about $106.6M, with roughly $10.1M of EBITDA. It has about 153 employees. Its estimated business value is $64.6M (likely range $34.0M–$88.4M). It has 3 locations.
Common questions
- Who owns Miller Truck Lines LLC?
- Miller Truck Lines LLC is owned by James Miller, according to public sources such as the company's website or filings.
- How much revenue does Miller Truck Lines LLC make?
- SeeBITDA estimates Miller Truck Lines LLC's annual revenue at about $106.6M (likely between $70.1M and $121.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Miller Truck Lines LLC worth?
- About $64.6M, roughly 6.4× its estimated EBITDA of $10.1M, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $34.0M–$88.4M.
- How many employees does Miller Truck Lines LLC have?
- About 153, from its 2024 retirement-plan filing.
- When was Miller Truck Lines LLC founded?
- Miller Truck Lines LLC has been in business since 2000.