Abernathy Farms, Inc.
How we got $1.4M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 42% 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 |
|---|---|---|
| ABERNATHY FARMS, INC. this business | $4.3M | — |
| JUSTIN & AMY ABERNATHY JTVT Altus · 11 employees | $2.5M | 0.0 mi |
| GREAT PLAINS COMMODITIES LLC Headrick · 5 employees | $3.0M | 1.2 mi |
| HOT ROD FARMS, LLC Headrick · 6 employees | $2.5M | 1.3 mi |
| FARMERS UNION COOPERATIVE GIN Altus · 22 employees | $19.8M | 4.4 mi |
| AFL FARMS LLC Altus · 3 employees | $1.1M | 5.0 mi |
| V88 FARMS LLC Altus · 3 employees | $1.2M | 5.0 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $4.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $471K |
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 | $1.4M |
| Multiple for this size and industry | 3× |
| Value range | $744K – $1.9M |
| Revenue range | $2.9M – $5.0M |
| EBITDA range | $310K – $537K |
| Industry (NAICS) | Farm Labor Contractors and Crew Leaders (115115) |
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. 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
- BankingFrazer 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 Roles are as stated there and may be out of date.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
| Frazer Bank PPP 2020, PPP 2021 | All 177 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $91K | 15 |
| 2/1/2021 | second | $91K | 13 |
About Abernathy Farms, Inc.
Abernathy Farms, Inc. is a farm labor contractors and crew leaders company in Altus, Oklahoma. Its estimated annual revenue is about $4.3M, with roughly $471K of EBITDA. It has about 15 employees. Its estimated business value is $1.4M (likely range $744K–$1.9M).
Common questions
- Who owns Abernathy Farms, Inc.?
- The owner of Abernathy Farms, 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 Abernathy Farms, Inc. make?
- SeeBITDA estimates Abernathy Farms, Inc.'s annual revenue at about $4.3M (likely between $2.9M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Abernathy Farms, Inc. worth?
- About $1.4M, roughly 3× its estimated EBITDA of $471K, typical for a farm labor contractors and crew leaders company its size. Likely range: $744K–$1.9M.
- How many employees does Abernathy Farms, Inc. have?
- About 15, as reported on its PPP loan.