Pioneer Trucking, LLC
How we got $37.7M
Based on its 9 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 37 years (since 1989)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 23% 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
▼ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $46.0M |
| 2020 | Form 5500 | 8 | $40.9M |
| 2021 | Form 5500 | 7 | $35.8M |
| 2022 | Form 5500 | 9 | $46.0M |
| 2023 | Form 5500 | 8 | $40.9M |
| 2024 | Form 5500 | 8 | $40.9M |
| 2025 | Form 5500 | 8 | $40.9M |
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 |
|---|---|---|
| PIONEER TRUCKING, LLC this business | $165.8M | — |
| AMERICAN BUTANE AND PROPANE GAS COMPANY Oklahoma City · 12 employees | $173.5M | 1.7 mi |
| ENERGY FINANCIAL AND PHYSICAL, LP Oklahoma City · 11 employees | $167.1M | 3.1 mi |
| SEIBOLD ENERGY CO., INC. Oklahoma City · 2 employees | $41.3M | 5.4 mi |
| COMMERCIAL LUBRICATORS INC. Oklahoma City · 5 employees | $71.4M | 6.7 mi |
| LMR HOLDINGS, LLC Edmond · 6 employees | $47.8M | 6.7 mi |
| SUMMIT FUELS, INC. Edmond · 3 employees | $56.3M | 6.7 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $157.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $134.6M |
| Estimate: the two combined (geometric mean) | $165.8M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $6.1M |
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 | $37.7M |
| Multiple for this size and industry | 6.2× |
| Value range | $19.8M – $51.6M |
| Revenue range | $109.0M – $189.0M |
| EBITDA range | $4.0M – $6.9M |
| Industry (NAICS) | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720) |
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
- BankingInterBankPPP / 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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $157K | 9 |
| 1/23/2021 | second | $159K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pioneer Trucking, LLC
Pioneer Trucking, LLC is a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company in Oklahoma City, Oklahoma, in business since 1989. Its estimated annual revenue is about $165.8M, with roughly $6.1M of EBITDA. It has about 8 employees. Its estimated business value is $37.7M (likely range $19.8M–$51.6M).
Common questions
- Who owns Pioneer Trucking, LLC?
- The owner of Pioneer 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 Pioneer Trucking, LLC make?
- SeeBITDA estimates Pioneer Trucking, LLC's annual revenue at about $165.8M (likely between $109.0M and $189.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pioneer Trucking, LLC worth?
- About $37.7M, roughly 6.2× its estimated EBITDA of $6.1M, typical for a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company its size. Likely range: $19.8M–$51.6M.
- How many employees does Pioneer Trucking, LLC have?
- About 8, from its 2025 retirement-plan filing.
- When was Pioneer Trucking, LLC founded?
- Pioneer Trucking, LLC has been in business since 1989.