Newman's Transportation LLC
How we got $5.6M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 38% 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 |
|---|---|---|
| NEWMAN'S TRANSPORTATION LLC this business | $13.7M | — |
| AMERICAN TRUCK & EQUIPMENT REPAIR LLC Adair | $1.9M | 0.1 mi |
| BUCKLE UP RANCH LLC Adair | $932K | 0.4 mi |
| PRYORITY PUMPING LLC Adair | $2.1M | 0.5 mi |
| FLYING K TRANSPORT LLC Adair | $1.9M | 0.5 mi |
| GOLDEN TRANSPORTATION SERVICES LLC. Adair · 1 employees | $404K | 0.6 mi |
| KVC LOGISTICS HOLDINGS LLC Adair | $5.7M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.8M |
| Estimate: the two combined (geometric mean) | $13.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.5M |
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 | $5.6M |
| Multiple for this size and industry | 3.8× |
| Value range | $3.0M – $7.7M |
| Revenue range | $9.0M – $15.6M |
| EBITDA range | $976K – $1.7M |
| Industry (NAICS) | General Freight Trucking, Long-Distance, Truckload (484121) |
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
- BankingFirst 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 Roles are as stated there and may be out of date.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
| First Bank PPP 2020 | All 220 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $421K | 29 |
About Newman's Transportation LLC
Newman's Transportation LLC is a general freight trucking, long-distance, truckload company in Adair, Oklahoma. Its estimated annual revenue is about $13.7M, with roughly $1.5M of EBITDA. It has about 29 employees. Its estimated business value is $5.6M (likely range $3.0M–$7.7M).
Common questions
- Who owns Newman's Transportation LLC?
- The owner of Newman's Transportation 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 Newman's Transportation LLC make?
- SeeBITDA estimates Newman's Transportation LLC's annual revenue at about $13.7M (likely between $9.0M and $15.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newman's Transportation LLC worth?
- About $5.6M, roughly 3.8× its estimated EBITDA of $1.5M, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $3.0M–$7.7M.
- How many employees does Newman's Transportation LLC have?
- About 29, as reported on its PPP loan.