Gilbert Truck Service, Inc.
How we got $1.9M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 14% 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 |
|---|---|---|
| GILBERT TRUCK SERVICE, INC. this business | $4.5M | — |
| GILBERT ENTERPRISES LLC Tecumseh | $1.4M | 0.2 mi |
| THORPE CONSTRUCTION LLC Tecumseh | $932K | 0.3 mi |
| J & A EXCAVATION LLC Tecumseh | $1.4M | 0.5 mi |
| ROLEY POLEY EXPRESS LLC Tecumseh | $1.4M | 0.5 mi |
| JOE'S DOZER SERVICE SERVICE LLC Tecumseh | $1.9M | 0.7 mi |
| STAFF TRUCKING LLC Tecumseh · 1 employees | $441K | 2.2 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $598K |
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 | $1.9M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.0M – $2.6M |
| Revenue range | $3.0M – $5.2M |
| EBITDA range | $393K – $682K |
| Industry (NAICS) | General Freight Trucking, Local (484110) |
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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $166K | 24 |
| 1/23/2021 | second | $139K | 17 |
About Gilbert Truck Service, Inc.
Gilbert Truck Service, Inc. is a general freight trucking, local company in Tecumseh, Oklahoma. Its estimated annual revenue is about $4.5M, with roughly $598K of EBITDA. It has about 24 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Gilbert Truck Service, Inc.?
- The owner of Gilbert Truck Service, 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 Gilbert Truck Service, Inc. make?
- SeeBITDA estimates Gilbert Truck Service, Inc.'s annual revenue at about $4.5M (likely between $3.0M and $5.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gilbert Truck Service, Inc. worth?
- About $1.9M, roughly 3.2× its estimated EBITDA of $598K, typical for a general freight trucking, local company its size. Likely range: $1.0M–$2.6M.
- How many employees does Gilbert Truck Service, Inc. have?
- About 24, as reported on its PPP loan.