2 Rivers Conversions, LLC
How we got $308K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 17% 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
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 2 RIVERS CONVERSIONS, LLC this business | $917K | — |
| ROCKING B CUSTOM HAULING LLC Holdenville · 1 employees | $653K | 6.7 mi |
| ANTHONY SCOTT Wewoka · 1 employees | $1.2M | 9.2 mi |
| INK RECOVERY LLC Wewoka · 2 employees | $1.6M | 10.5 mi |
| DOUBLE B TRANSPORT, INC Allen · 3 employees | $974K | 18.1 mi |
| ETS TRUCKING, LLC Francis · 22 employees | $7.5M | 19.4 mi |
| TWO GUNS TRUCKING Ada · 22 employees | $8.1M | 23.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $224K |
| Revenue = employees × revenue per employee | $917K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $147K |
| Cross-check: revenue implied by PPP payroll | $94K |
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 | $308K |
| Multiple for this size and industry | 2.1× |
| Value range | $146K – $438K |
| Revenue range | $543K – $1.1M |
| EBITDA range | $87K – $174K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Local (484220) |
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
- BankingSecurity State 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 Roles are as stated there and may be out of date.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
| Security State Bank of Oklahoma PPP 2020 | All 154 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/11/2020 | first | $2K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 2 Rivers Conversions, LLC
2 Rivers Conversions, LLC is a specialized freight (except used goods) trucking, local company in Holdenville, Oklahoma, in business since 2010. Its estimated annual revenue is about $917K, with roughly $147K of EBITDA. It has about 2 employees. Its estimated business value is $308K (likely range $146K–$438K).
Common questions
- Who owns 2 Rivers Conversions, LLC?
- The owner of 2 Rivers Conversions, 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 2 Rivers Conversions, LLC make?
- SeeBITDA estimates 2 Rivers Conversions, LLC's annual revenue at about $917K (likely between $543K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 2 Rivers Conversions, LLC worth?
- About $308K, roughly 2.1× its estimated EBITDA of $147K, typical for a specialized freight (except used goods) trucking, local company its size. Likely range: $146K–$438K.
- How many employees does 2 Rivers Conversions, LLC have?
- About 2, as reported on its PPP loan.
- When was 2 Rivers Conversions, LLC founded?
- 2 Rivers Conversions, LLC has been in business since 2010.