Tri State Truss & Lumber LLC
How we got $3.5M
Based on its 20 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 32 years (since 1994)
From public records and the company's website, not a statement that it's for sale.
What they do
Tri-State Truss & Lumber is a family owned and operated business in Woodward, Oklahoma offering truss work, lumber, doors and windows, ICF, and crane and delivery services for construction projects. It says it serves the Tri-State Area of Oklahoma, Kansas and Texas.
From the company's website. Industry: All Other Miscellaneous Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- M WRIGHT SERVICES, LLC · Weatherford, 71 mi · $119.7M
- GORE NITROGEN PUMPING SERVICE, LLC · Seiling, 30 mi · $109.2M
- IMPAC EXPLORATION SERVICES, INC · Weatherford, 70 mi · $80.0M
- POWER RIG, LLC · Woodward, 7 mi · $75.0M
- PLAINVIEW BRINE LLC · Freedom, 32 mi · $55.6M
Estimated value over time
▲ 33% 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 |
|---|---|---|
| TRI STATE TRUSS & LUMBER LLC this business | $6.5M | — |
| SCOTT SHEPHERD Woodward · 1 employees | $248K | 0.6 mi |
| J M WELDING INC Woodward · 1 employees | $468K | 1.1 mi |
| RIGGS WELDING AND FABRICATION, LLC Woodward · 1 employees | $669K | 2.5 mi |
| OMNI MEDIA GROUP INC Woodward · 9 employees | $5.9M | 2.7 mi |
| JOURNEY OILFIELD EQUIPMENT LLC Woodward · 41 employees | $27.1M | 2.9 mi |
| KEVIN PARKER WELDING & FABRICATION LLC Woodward · 6 employees | $2.6M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $6.5M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $894K |
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 | $3.5M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.8M – $4.8M |
| Revenue range | $4.3M – $7.4M |
| EBITDA range | $588K – $1.0M |
| Industry (NAICS) | All Other Miscellaneous Manufacturing (339999) |
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
“Look to the over 25 years of experience behind our family owned and operated business to create custom results for your specific project visions.”
Advisors
- BankingBank 7PPP / 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 7 PPP 2020 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $108K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tri State Truss & Lumber LLC
Tri State Truss & Lumber LLC is a family-owned all other miscellaneous manufacturing company in Woodward, Oklahoma, in business since 1994. Its estimated annual revenue is about $6.5M, with roughly $894K of EBITDA. It has about 20 employees. Its estimated business value is $3.5M (likely range $1.8M–$4.8M).
Common questions
- Who owns Tri State Truss & Lumber LLC?
- The owner of Tri State Truss & Lumber 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 Tri State Truss & Lumber LLC make?
- SeeBITDA estimates Tri State Truss & Lumber LLC's annual revenue at about $6.5M (likely between $4.3M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tri State Truss & Lumber LLC worth?
- About $3.5M, roughly 3.9× its estimated EBITDA of $894K, typical for a all other miscellaneous manufacturing company its size. Likely range: $1.8M–$4.8M.
- How many employees does Tri State Truss & Lumber LLC have?
- About 20, as reported on its PPP loan.
- When was Tri State Truss & Lumber LLC founded?
- Tri State Truss & Lumber LLC has been in business since 1994.