Statewide Express, LLC
How we got $391K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STATEWIDE EXPRESS, LLC this business | $1.2M | — |
| MIKE'S DELIVERY SERVICE INC Edmond · 6 employees | $2.1M | 0.7 mi |
| HUGO EXPRESS LLC Edmond · 1 employees | $458K | 0.9 mi |
| SIMPLEX TRANSPORTATION INC Edmond · 4 employees | $2.2M | 0.9 mi |
| ODYSSEY HEALTH CARE OPERATING B LP Oklahoma City | $1.9M | 1.1 mi |
| DOMINION OKLAHOMA TEXAS EXPLORATION & PRODUCTION INC Oklahoma City | $3.5M | 1.1 mi |
| ZEBRA TRUCKING LLC Edmond · 25 employees | $10.7M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $914K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $186K |
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 | $391K |
| Multiple for this size and industry | 2.1× |
| Value range | $206K – $535K |
| Revenue range | $765K – $1.3M |
| EBITDA range | $122K – $212K |
| 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
- BankingBank of America, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2020, PPP 2021 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $22K | 2 |
| 1/25/2021 | second | $20K | 2 |
About Statewide Express, LLC
Statewide Express, LLC is a general freight trucking, long-distance, truckload company in Edmond, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $186K of EBITDA. It has about 2 employees. Its estimated business value is $391K (likely range $206K–$535K).
Common questions
- Who owns Statewide Express, LLC?
- The owner of Statewide Express, 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 Statewide Express, LLC make?
- SeeBITDA estimates Statewide Express, LLC's annual revenue at about $1.2M (likely between $765K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Statewide Express, LLC worth?
- About $391K, roughly 2.1× its estimated EBITDA of $186K, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $206K–$535K.
- How many employees does Statewide Express, LLC have?
- About 2, as reported on its PPP loan.