Troy Jones Equipment & Truck Sales, Inc.
How we got $2.6M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 2% 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 |
|---|---|---|
| TROY JONES EQUIPMENT & TRUCK SALES, INC. this business | $9.9M | — |
| FARM UNION CO-OPERATIVE, GIN Elk City · 5 employees | $5.2M | 0.4 mi |
| MIDWEST FARM SUPPLY INC Elk City · 5 employees | $3.6M | 1.0 mi |
| JC'S TRAILER SALES LLC Elk City · 1 employees | $740K | 1.3 mi |
| TRAILER TEC LLC Elk City · 4 employees | $4.4M | 3.6 mi |
| 3W EQUIPMENT LLC Carter · 3 employees | $2.5M | 13.9 mi |
| LINDLEY FARM EQUIPMENT, INC. Cordell · 16 employees | $14.8M | 24.8 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.6M |
| Estimate: the two combined (geometric mean) | $9.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $732K |
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 | $2.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.4M – $3.6M |
| Revenue range | $6.5M – $11.3M |
| EBITDA range | $481K – $834K |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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
- BankingThe First National Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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 Bank and Trust Co PPP 2020, PPP 2021 | All 694 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 | $125K | 10 |
| 1/17/2021 | second | $103K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Troy Jones Equipment & Truck Sales, Inc.
Troy Jones Equipment & Truck Sales, Inc. is an industrial machinery and equipment merchant wholesalers company in Elk City, Oklahoma, in business since 2016. Its estimated annual revenue is about $9.9M, with roughly $732K of EBITDA. It has about 10 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).
Common questions
- Who owns Troy Jones Equipment & Truck Sales, Inc.?
- The owner of Troy Jones Equipment & Truck Sales, 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 Troy Jones Equipment & Truck Sales, Inc. make?
- SeeBITDA estimates Troy Jones Equipment & Truck Sales, Inc.'s annual revenue at about $9.9M (likely between $6.5M and $11.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Troy Jones Equipment & Truck Sales, Inc. worth?
- About $2.6M, roughly 3.6× its estimated EBITDA of $732K, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $1.4M–$3.6M.
- How many employees does Troy Jones Equipment & Truck Sales, Inc. have?
- About 10, as reported on its PPP loan.
- When was Troy Jones Equipment & Truck Sales, Inc. founded?
- Troy Jones Equipment & Truck Sales, Inc. has been in business since 2016.