Tnh Fuel Express LLC
How we got $9.0M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| TNH FUEL EXPRESS LLC this business | $7.4M | — |
| CKAG LLC Edmond · 1 employees | $711K | 0.4 mi |
| PECK ENERGY LLC Edmond · 1 employees | $879K | 0.5 mi |
| BORRELL TITLE SERVICES LLC Edmond · 2 employees | $1.1M | 0.8 mi |
| JOHN ROBY INC. Edmond · 1 employees | $697K | 1.1 mi |
| Solar Panels OKC Oklahoma City | $1.5M | 1.1 mi |
| JAGUAR ENERGY INC Oklahoma City · 2 employees | $712K | 1.5 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.0M |
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 | $9.0M |
| Multiple for this size and industry | 4.4× |
| Value range | $4.7M – $12.3M |
| Revenue range | $4.8M – $8.4M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingFirst National Bank of OklahomaPPP / 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 Roles are as stated there and may be out of date.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 National Bank of Oklahoma PPP 2020 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $110K | 24 |
About Tnh Fuel Express LLC
Tnh Fuel Express LLC is an oil & gas company in Edmond, Oklahoma. Its estimated annual revenue is about $7.4M, with roughly $2.0M of EBITDA. It has about 24 employees. Its estimated business value is $9.0M (likely range $4.7M–$12.3M).
Common questions
- Who owns Tnh Fuel Express LLC?
- The owner of Tnh Fuel 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 Tnh Fuel Express LLC make?
- SeeBITDA estimates Tnh Fuel Express LLC's annual revenue at about $7.4M (likely between $4.8M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tnh Fuel Express LLC worth?
- About $9.0M, roughly 4.4× its estimated EBITDA of $2.0M, typical for a oil & gas company its size. Likely range: $4.7M–$12.3M.
- How many employees does Tnh Fuel Express LLC have?
- About 24, as reported on its PPP loan.