Backwoods Food Mfg., Inc.
How we got $2.3M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 35% 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 |
|---|---|---|
| BACKWOODS FOOD MFG., INC. this business | $7.4M | — |
| Hangry Baer Tahlequah | $3.5M | 1.5 mi |
| Cape's Custom Welding & Fab Tahlequah | $3.0M | 2.2 mi |
| FIRST UNITED LOAN COMPANY, INC. Tahlequah · 2 employees | $938K | 2.3 mi |
| Tahlequah Truss Co Tahlequah | $3.0M | 5.3 mi |
| B and B Pipe and Steel Hulbert | $3.0M | 5.4 mi |
| Cathy's Jars Tahlequah | $3.0M | 7.2 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $605K |
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 | $2.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.1M |
| Revenue range | $4.9M – $8.5M |
| EBITDA range | $398K – $690K |
| Industry (NAICS) | Specialty Canning (311422) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $61K | 13 |
| 2/20/2021 | second | $61K | 10 |
About Backwoods Food Mfg., Inc.
Backwoods Food Mfg., Inc. is a specialty canning company in Tahlequah, Oklahoma. Its estimated annual revenue is about $7.4M, with roughly $605K of EBITDA. It has about 13 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.1M).
Common questions
- Who owns Backwoods Food Mfg., Inc.?
- The owner of Backwoods Food Mfg., 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 Backwoods Food Mfg., Inc. make?
- SeeBITDA estimates Backwoods Food Mfg., Inc.'s annual revenue at about $7.4M (likely between $4.9M and $8.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Backwoods Food Mfg., Inc. worth?
- About $2.3M, roughly 3.8× its estimated EBITDA of $605K, typical for a specialty canning company its size. Likely range: $1.2M–$3.1M.
- How many employees does Backwoods Food Mfg., Inc. have?
- About 13, as reported on its PPP loan.