Republic Carries Inc
How we got $2.0M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REPUBLIC CARRIES INC this business | $4.8M | — |
| RBK TRANSPORTATION, INC. Lawton · 1 employees | $422K | 1.0 mi |
| COMPASS TRANSIT LLC Lawton · 8 employees | $4.6M | 2.2 mi |
| LANOCE TRUCKING ,LLC Lawton · 1 employees | $253K | 2.5 mi |
| ARMSTRONG PITTMAN AND WINNS LLC Lawton · 3 employees | $1.1M | 3.5 mi |
| DOUBLE D TRUCKING LLC Lawton · 2 employees | $1.1M | 5.5 mi |
| BRUTON CONSTRUCTION COMPANY INC Lawton | $2.1M | 5.5 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $628K |
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 | $2.0M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.1M – $2.7M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $413K – $716K |
| 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
- BankingLiberty 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 Roles are as stated there and may be out of date.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
| Liberty National Bank PPP 2020, PPP 2021 | All 430 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 | $108K | 7 |
| 1/29/2021 | second | $108K | 5 |
About Republic Carries Inc
Republic Carries Inc is a general freight trucking, long-distance, truckload company in Lawton, Oklahoma. Its estimated annual revenue is about $4.8M, with roughly $628K of EBITDA. It has about 7 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.7M).
Common questions
- Who owns Republic Carries Inc?
- The owner of Republic Carries 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 Republic Carries Inc make?
- SeeBITDA estimates Republic Carries Inc's annual revenue at about $4.8M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Republic Carries Inc worth?
- About $2.0M, roughly 3.2× its estimated EBITDA of $628K, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $1.1M–$2.7M.
- How many employees does Republic Carries Inc have?
- About 7, as reported on its PPP loan.