Jag Fuels Company Inc
How we got $1.2M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JAG FUELS COMPANY INC this business | $3.2M | — |
| N & N OILFIELD SUPPLIES LLC Ardmore | $5.3M | 0.1 mi |
| KLM PROPERTY INVESTMENTS LLC Ardmore | $932K | 0.1 mi |
| RENEGADE ENERGY SERVICES LLC Ardmore | $1.4M | 0.1 mi |
| FERRAL D HOWARD CONSTRUCTION LLC Ardmore | $932K | 0.1 mi |
| SOUTHWEST EQUINE INC Ardmore | $932K | 0.1 mi |
| HORTON'S HAULING, LLC Ardmore | $3.3M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $461K |
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 | $1.2M |
| Multiple for this size and industry | 2.6× |
| Value range | $631K – $1.6M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $303K – $526K |
| 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
People & advisors
Advisors
- BankingCitizens Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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
| Citizens Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 181 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $87K | 12 |
| 1/16/2021 | second | $83K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jag Fuels Company Inc
Jag Fuels Company Inc is a general freight trucking, local company in Ardmore, Oklahoma, in business since 2008. Its estimated annual revenue is about $3.2M, with roughly $461K of EBITDA. It has about 12 employees. Its estimated business value is $1.2M (likely range $631K–$1.6M).
Common questions
- Who owns Jag Fuels Company Inc?
- The owner of Jag Fuels Company 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 Jag Fuels Company Inc make?
- SeeBITDA estimates Jag Fuels Company Inc's annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jag Fuels Company Inc worth?
- About $1.2M, roughly 2.6× its estimated EBITDA of $461K, typical for a general freight trucking, local company its size. Likely range: $631K–$1.6M.
- How many employees does Jag Fuels Company Inc have?
- About 12, as reported on its PPP loan.
- When was Jag Fuels Company Inc founded?
- Jag Fuels Company Inc has been in business since 2008.