Abernathy Spraying Service, Inc.
How we got $398K
Based on its 2 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 SPRAYING SERVICE, INC. this business | $1.2M | — |
| KEVIN ABERNATHY Tipton · 1 employees | $495K | 0.0 mi |
| YELLOW DEVIL SPRAYING, LLC Tipton · 1 employees | $495K | 0.0 mi |
| J & B MEEKS FARMS INC. Tipton · 1 employees | $376K | 2.3 mi |
| T.J. BEACH FARMS, LLC Elmer · 4 employees | $1.1M | 8.1 mi |
| Z V WINSETT, LLC Elmer · 1 employees | $307K | 8.6 mi |
| WINSETT FARMS LLC Elmer · 4 employees | $1.4M | 8.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $968K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $159K |
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 | $398K |
| Multiple for this size and industry | 2.5× |
| Value range | $210K – $545K |
| Revenue range | $798K – $1.4M |
| EBITDA range | $105K – $182K |
| Industry (NAICS) | Soil Preparation, Planting, and Cultivating (115112) |
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 Roles are as stated there and may be out of date.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 | All 177 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $20K | 2 |
About Abernathy Spraying Service, Inc.
Abernathy Spraying Service, Inc. is a soil preparation, planting, and cultivating company in Tipton, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $159K of EBITDA. It has about 2 employees. Its estimated business value is $398K (likely range $210K–$545K).
Common questions
- Who owns Abernathy Spraying Service, Inc.?
- The owner of Abernathy Spraying Service, 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 Spraying Service, Inc. make?
- SeeBITDA estimates Abernathy Spraying Service, Inc.'s annual revenue at about $1.2M (likely between $798K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Abernathy Spraying Service, Inc. worth?
- About $398K, roughly 2.5× its estimated EBITDA of $159K, typical for a soil preparation, planting, and cultivating company its size. Likely range: $210K–$545K.
- How many employees does Abernathy Spraying Service, Inc. have?
- About 2, as reported on its PPP loan.