Star 32 Inc
How we got $822K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 32% since 2021Today'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 |
|---|---|---|
| STAR 32 INC this business | $2.2M | — |
| A & A BROTHERS TRUCKING LLC Madill | $3.3M | 1.0 mi |
| 501 TRANSPORT LLC Madill | $932K | 1.1 mi |
| TREVINO TRUCKING LLC Madill | $1.4M | 1.1 mi |
| VERAS TRUCKING LLC Madill | $932K | 1.2 mi |
| DIRTWORKS COMPANY LLC Madill | $1.9M | 1.4 mi |
| ISAAC CONCRETE SERVICES LLC Madill | $932K | 1.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $316K |
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 | $822K |
| Multiple for this size and industry | 2.6× |
| Value range | $433K – $1.1M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $208K – $361K |
| 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
People & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/17/2021 | second | $39K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Star 32 Inc
Star 32 Inc is a general freight trucking, long-distance, truckload company in Madill, Oklahoma, in business since 2004. Its estimated annual revenue is about $2.2M, with roughly $316K of EBITDA. It has about 4 employees. Its estimated business value is $822K (likely range $433K–$1.1M).
Common questions
- Who owns Star 32 Inc?
- The owner of Star 32 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 Star 32 Inc make?
- SeeBITDA estimates Star 32 Inc's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Star 32 Inc worth?
- About $822K, roughly 2.6× its estimated EBITDA of $316K, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $433K–$1.1M.
- How many employees does Star 32 Inc have?
- About 4, as reported on its PPP loan.
- When was Star 32 Inc founded?
- Star 32 Inc has been in business since 2004.