Triple Faith Trucking Services, Inc
How we got $4.8M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| TRIPLE FAITH TRUCKING SERVICES, INC this business | $10.8M | — |
| MARK STRICKLAND INC. Altus · 1 employees | $472K | 0.7 mi |
| GARY WEATHERS Altus · 6 employees | $2.5M | 0.8 mi |
| LARAMIE, LLC Altus · 6 employees | $3.4M | 0.8 mi |
| GLORIA'S TRUCKING LLC Altus · 1 employees | $418K | 1.5 mi |
| JULIAN & SONS TRUCKING, LLC Altus · 1 employees | $248K | 2.1 mi |
| M&B ROLL OFF, LLC Altus | $2.9M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.9M |
| Estimate: the two combined (geometric mean) | $10.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.8M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.5M – $6.6M |
| Revenue range | $7.1M – $12.4M |
| EBITDA range | $830K – $1.4M |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Less Than Truckload (484122) |
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
- BankingBankVistaPPP / 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 Roles are as stated there and may be out of date.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
| BankVista PPP 2020 | All 4 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/13/2020 | first | $300K | 28 |
About Triple Faith Trucking Services, Inc
Triple Faith Trucking Services, Inc is a general freight trucking, long-distance, less than truckload company in Altus, Oklahoma. Its estimated annual revenue is about $10.8M, with roughly $1.3M of EBITDA. It has about 28 employees. Its estimated business value is $4.8M (likely range $2.5M–$6.6M).
Common questions
- Who owns Triple Faith Trucking Services, Inc?
- The owner of Triple Faith Trucking Services, 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 Triple Faith Trucking Services, Inc make?
- SeeBITDA estimates Triple Faith Trucking Services, Inc's annual revenue at about $10.8M (likely between $7.1M and $12.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Triple Faith Trucking Services, Inc worth?
- About $4.8M, roughly 3.8× its estimated EBITDA of $1.3M, typical for a general freight trucking, long-distance, less than truckload company its size. Likely range: $2.5M–$6.6M.
- How many employees does Triple Faith Trucking Services, Inc have?
- About 28, as reported on its PPP loan.