Wellco Tank Trucks Inc
How we got $4.8M
Based on its 32 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 |
|---|---|---|
| WELLCO TANK TRUCKS INC this business | $10.8M | — |
| ROCKIN C TRUCKING LLC Dover | $932K | 0.2 mi |
| CHECKMATE DIRT WORK LLC Dover | $1.4M | 0.2 mi |
| TDP SERVICES LLC Dover | $932K | 0.4 mi |
| GARLETT TRUCKING LLC Dover · 5 employees | $2.0M | 1.4 mi |
| MONTES TRUCKING LLC Dover · 1 employees | $519K | 4.6 mi |
| BBB HOLDINGS LLC Hennessey · 9 employees | $4.3M | 5.8 mi |
The full calculation
| Employees reported to the SBA | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.7M |
| Estimate: the two combined (geometric mean) | $10.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.8M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.5M – $6.5M |
| Revenue range | $7.1M – $12.3M |
| EBITDA range | $824K – $1.4M |
| 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
- BankingNBC OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| NBC Oklahoma PPP 2020, PPP 2021 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $235K | 28 |
| 3/26/2021 | second | $274K | 32 |
About Wellco Tank Trucks Inc
Wellco Tank Trucks Inc is a general freight trucking, long-distance, truckload company in Dover, Oklahoma. Its estimated annual revenue is about $10.8M, with roughly $1.3M of EBITDA. It has about 32 employees. Its estimated business value is $4.8M (likely range $2.5M–$6.5M).
Common questions
- Who owns Wellco Tank Trucks Inc?
- The owner of Wellco 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 Wellco Tank Trucks Inc make?
- SeeBITDA estimates Wellco Tank Trucks Inc's annual revenue at about $10.8M (likely between $7.1M and $12.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wellco Tank Trucks Inc worth?
- About $4.8M, roughly 3.8× its estimated EBITDA of $1.3M, typical for a general freight trucking, long-distance, truckload company its size. Likely range: $2.5M–$6.5M.
- How many employees does Wellco Tank Trucks Inc have?
- About 32, as reported on its PPP loan.