Okx Logistics, Inc.
How we got $5.1M
Based on its 61 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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 14% 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
▼ 33% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 61 | $8.6M |
| 2020 | Form 5500 | 40 | $5.7M |
| 2021 | Form 5500 | 41 | $5.8M |
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 |
|---|---|---|
| OKX LOGISTICS, INC. this business | $11.6M | — |
| DIAMOND TRANSPORT LLC Oklahoma City · 13 employees | $5.5M | 0.8 mi |
| JD BURSE TRUCKING LLC Oklahoma City · 8 employees | $4.6M | 0.8 mi |
| HAKUNA MATATA LOGISTICS LLC Oklahoma City · 13 employees | $4.1M | 1.1 mi |
| REGIONAL ASSOCIATES INC Oklahoma City · 5 employees | $3.1M | 1.2 mi |
| ROADCHEM LLC Oklahoma City · 10 employees | $2.3M | 1.3 mi |
| MARKWELL PAVING COMPANY Oklahoma City | $6.8M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 61 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.3M |
| Estimate: the two combined (geometric mean) | $11.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.7M – $7.0M |
| Revenue range | $7.6M – $13.2M |
| EBITDA range | $886K – $1.5M |
| Industry (NAICS) | General Freight Trucking, Local (484110) |
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 Fidelity 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 Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $428K | 61 |
| 1/21/2021 | second | $450K | 46 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Okx Logistics, Inc.
Okx Logistics, Inc. is a general freight trucking, local company in Oklahoma City, Oklahoma, in business since 2001. Its estimated annual revenue is about $11.6M, with roughly $1.3M of EBITDA. It has about 41 employees. Its estimated business value is $5.1M (likely range $2.7M–$7.0M).
Common questions
- Who owns Okx Logistics, Inc.?
- The owner of Okx Logistics, Inc. 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 Okx Logistics, Inc. make?
- SeeBITDA estimates Okx Logistics, Inc.'s annual revenue at about $11.6M (likely between $7.6M and $13.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Okx Logistics, Inc. worth?
- About $5.1M, roughly 3.8× its estimated EBITDA of $1.3M, typical for a general freight trucking, local company its size. Likely range: $2.7M–$7.0M.
- How many employees does Okx Logistics, Inc. have?
- About 41, from its 2021 retirement-plan filing.
- When was Okx Logistics, Inc. founded?
- Okx Logistics, Inc. has been in business since 2001.