Sonny's Tank Trucks Inc
How we got $2.4M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 35 years (since 1991)
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 |
|---|---|---|
| SONNY'S TANK TRUCKS INC this business | $5.7M | — |
| PROMPT WELL SERVICE LLC Velma | $932K | 0.3 mi |
| WOMACK OIFIELD SERVICES LLC Velma | $932K | 0.3 mi |
| VELMA ENGINE SALES & SUPPLY INC Velma | $932K | 0.4 mi |
| ASSAULT CHEMICAL SOLUTIONS LLC Velma | $3.7M | 0.4 mi |
| PHARAOH ENERGY SERVICES LLC Velma | $12.4M | 0.4 mi |
| SHOTGUN TRUCKING LLC Velma · 15 employees | $4.9M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.5M |
| Estimate: the two combined (geometric mean) | $5.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $751K |
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 | $2.4M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.3M – $3.3M |
| Revenue range | $3.7M – $6.5M |
| EBITDA range | $494K – $856K |
| 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
- BankingFirst National 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 Roles are as stated there and may be out of date.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
| First National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $195K | 15 |
| 1/17/2021 | second | $196K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sonny's Tank Trucks Inc
Sonny's Tank Trucks Inc is a general freight trucking, local company in Velma, Oklahoma, in business since 1991. Its estimated annual revenue is about $5.7M, with roughly $751K of EBITDA. It has about 17 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Sonny's Tank Trucks Inc?
- The owner of Sonny's Tank Trucks 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 Sonny's Tank Trucks Inc make?
- SeeBITDA estimates Sonny's Tank Trucks Inc's annual revenue at about $5.7M (likely between $3.7M and $6.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sonny's Tank Trucks Inc worth?
- About $2.4M, roughly 3.2× its estimated EBITDA of $751K, typical for a general freight trucking, local company its size. Likely range: $1.3M–$3.3M.
- How many employees does Sonny's Tank Trucks Inc have?
- About 17, as reported on its PPP loan.
- When was Sonny's Tank Trucks Inc founded?
- Sonny's Tank Trucks Inc has been in business since 1991.