Pannell Chipping, Inc.
How we got $4.0M
Based on its 39 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 31 years (since 1995)
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PANNELL CHIPPING, INC. this business | $9.1M | — |
| R AND S TRUCKING BB LLC Broken Bow · 6 employees | $1.7M | 4.0 mi |
| JOHNNY BUTLER TRUCKING LLC Broken Bow · 1 employees | $526K | 4.4 mi |
| DARYL THOMASON TRUCKING INC. Broken Bow · 109 employees | $39.9M | 4.5 mi |
| QUEEN TRUCKING COMPANY, INC. Broken Bow · 1 employees | $447K | 6.1 mi |
| AARON GIBSON TRUCKING LLC Broken Bow · 8 employees | $3.1M | 6.5 mi |
| KNECHEL TRUCKING LLC Idabel · 1 employees | $636K | 7.4 mi |
The full calculation
| Employees reported to the SBA | 39 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $9.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.1M |
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 | $4.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.1M – $5.5M |
| Revenue range | $6.0M – $10.4M |
| EBITDA range | $697K – $1.2M |
| 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
- BankingMcCurtain County National 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
| McCurtain County National Bank PPP 2020, PPP 2021 | All 80 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 | $413K | 39 |
| 3/18/2021 | second | $433K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pannell Chipping, Inc.
Pannell Chipping, Inc. is a general freight trucking, local company in Broken Bow, Oklahoma, in business since 1995. Its estimated annual revenue is about $9.1M, with roughly $1.1M of EBITDA. It has about 39 employees. Its estimated business value is $4.0M (likely range $2.1M–$5.5M).
Common questions
- Who owns Pannell Chipping, Inc.?
- The owner of Pannell Chipping, 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 Pannell Chipping, Inc. make?
- SeeBITDA estimates Pannell Chipping, Inc.'s annual revenue at about $9.1M (likely between $6.0M and $10.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pannell Chipping, Inc. worth?
- About $4.0M, roughly 3.8× its estimated EBITDA of $1.1M, typical for a general freight trucking, local company its size. Likely range: $2.1M–$5.5M.
- How many employees does Pannell Chipping, Inc. have?
- About 39, as reported on its PPP loan.
- When was Pannell Chipping, Inc. founded?
- Pannell Chipping, Inc. has been in business since 1995.