C&c Tank Truck Services, Inc.
How we got $2.0M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| C&C TANK TRUCK SERVICES, INC. this business | $2.2M | — |
| SWADLEY OIL FIELD SUPPLY, INC Holdenville · 7 employees | $2.9M | 0.2 mi |
| C & C TANK TRUCK SERVICE INC Holdenville · 5 employees | $1.6M | 0.7 mi |
| SWADLEY OILFIELD SUPPLY INC Holdenville · 7 employees | $2.9M | 2.4 mi |
| LEMA PETROLEUM INC Holdenville · 4 employees | $1.9M | 3.5 mi |
| D.J.F. SERVICES, INC. Holdenville · 11 employees | $3.5M | 3.6 mi |
| JEREMY D HUNTER Holdenville · 1 employees | $686K | 7.5 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $683K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.8M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $449K – $779K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingSovereign BankPPP / 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 Roles are as stated there and may be out of date.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
| Sovereign Bank PPP 2020 | All 304 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 | $46K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About C&c Tank Truck Services, Inc.
C&c Tank Truck Services, Inc. is an oil & gas company in Holdenville, Oklahoma. It is owned by MICHAEL COX. Its estimated annual revenue is about $2.2M, with roughly $683K of EBITDA. It has about 6 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns C&c Tank Truck Services, Inc.?
- C&c Tank Truck Services, Inc. is owned by MICHAEL COX, according to public sources such as the company's website or filings.
- How much revenue does C&c Tank Truck Services, Inc. make?
- SeeBITDA estimates C&c Tank Truck Services, Inc.'s annual revenue at about $2.2M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C&c Tank Truck Services, Inc. worth?
- About $2.0M, roughly 3× its estimated EBITDA of $683K, typical for a oil & gas company its size. Likely range: $1.1M–$2.8M.
- How many employees does C&c Tank Truck Services, Inc. have?
- About 6, as reported on its PPP loan.