Troy Jones Rentals, Inc.
How we got $3.7M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 4% 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 RENTALS, INC. this business | $2.6M | — |
| LUBRIFLANGE, LLC Elk City · 27 employees | $14.7M | 1.6 mi |
| TLC RENTALS INC Canute · 12 employees | $4.3M | 7.4 mi |
| JUNCTION PROPERTIES, LLC Cheyenne · 3 employees | $1.2M | 13.6 mi |
| HUGHES SPECIALTY TOOLS, INC. Foss · 13 employees | $5.6M | 13.6 mi |
| NORTHFORK RENTALS INC. Carter · 1 employees | $737K | 13.7 mi |
| MABE PUMP RENTAL, LLC Sayre · 1 employees | $342K | 15.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $961K |
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 | $3.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.9M – $5.0M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $632K – $1.1M |
| Industry (NAICS) | Office Machinery and Equipment Rental and Leasing (532420) |
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. 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
- 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 Roles are as stated there and may be out of date.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 | $65K | 4 |
| 2/26/2021 | second | $65K | 4 |
About Troy Jones Rentals, Inc.
Troy Jones Rentals, Inc. is an office machinery and equipment rental and leasing company in Elk City, Oklahoma. Its estimated annual revenue is about $2.6M, with roughly $961K of EBITDA. It has about 4 employees. Its estimated business value is $3.7M (likely range $1.9M–$5.0M).
Common questions
- Who owns Troy Jones Rentals, Inc.?
- The owner of Troy Jones Rentals, 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 Rentals, Inc. make?
- SeeBITDA estimates Troy Jones Rentals, Inc.'s annual revenue at about $2.6M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Troy Jones Rentals, Inc. worth?
- About $3.7M, roughly 3.8× its estimated EBITDA of $961K, typical for a office machinery and equipment rental and leasing company its size. Likely range: $1.9M–$5.0M.
- How many employees does Troy Jones Rentals, Inc. have?
- About 4, as reported on its PPP loan.