Penny Trucking, LLC
How we got $250K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PENNY TRUCKING, LLC this business | $634K | — |
| BREAD MAN INC Cushing · 3 employees | $943K | 4.1 mi |
| PREMIER TRADING AND TRANSPORTATION LLC Cushing · 78 employees | $29.6M | 4.8 mi |
| CLAY RANCH LLC Perkins · 8 employees | $2.1M | 7.8 mi |
| BOSS TRUCKING LLC Cushing · 1 employees | $607K | 8.4 mi |
| TOP NOTCH AUTO LOGISTICS LLC Cushing · 5 employees | $4.2M | 9.2 mi |
| RAINS AND SONS EXPRESS LLC Perkins · 2 employees | $577K | 11.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $775K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $399K |
| Estimate: the two combined (geometric mean) | $634K |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $119K |
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 | $250K |
| Multiple for this size and industry | 2.1× |
| Value range | $131K – $342K |
| Revenue range | $417K – $723K |
| EBITDA range | $78K – $136K |
| 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
History & advisors
Advisors
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/4/2020 | first | $10K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Penny Trucking, LLC
Penny Trucking, LLC is a specialized freight (except used goods) trucking, local company in Cushing, Oklahoma, in business since 2016. Its estimated annual revenue is about $634K, with roughly $119K of EBITDA. It has about 2 employees. Its estimated business value is $250K (likely range $131K–$342K).
Common questions
- Who owns Penny Trucking, LLC?
- The owner of Penny Trucking, 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 Penny Trucking, LLC make?
- SeeBITDA estimates Penny Trucking, LLC's annual revenue at about $634K (likely between $417K and $723K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Penny Trucking, LLC worth?
- About $250K, roughly 2.1× its estimated EBITDA of $119K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $131K–$342K.
- How many employees does Penny Trucking, LLC have?
- About 2, as reported on its PPP loan.
- When was Penny Trucking, LLC founded?
- Penny Trucking, LLC has been in business since 2016.