Central Cedar Products, Inc
How we got $1.2M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Central Cedar Products sells aromatic red cedar flakes for bedding. The pages describe the product features and packaging but give little detail about the company or its customers.
From the company's website. Industry: Agriculture, Forestry, Fishing.
Estimated value over time
▲ 31% 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 |
|---|---|---|
| CENTRAL CEDAR PRODUCTS, INC this business | $2.3M | — |
| LUNA LAND & TIMBER, LLC Valliant · 3 employees | $2.2M | 24.9 mi |
| HOWZE LOGGING INC. Nashoba · 3 employees | $1.8M | 26.4 mi |
| DANIEL DOZIER SERVICE LLC. Atoka · 6 employees | $2.8M | 30.3 mi |
| LANCE CRAWFORD LOGGING Broken Bow · 19 employees | $8.1M | 31.5 mi |
| LANCE CRAWFORD TRUCKING LLC Broken Bow · 19 employees | $8.1M | 31.5 mi |
| TAPLEY LOGGING, INC Stringtown · 8 employees | $5.4M | 32.9 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $398K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $628K – $1.6M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $262K – $454K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (113310) |
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: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Central Cedar was started in 2006 by Jim and Tyler Honeywell.”
Advisors
- BankingFirstBankPPP / 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
| FirstBank PPP 2020, PPP 2021 | All 263 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $35K | 6 |
| 1/16/2021 | second | $35K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Central Cedar Products, Inc
Central Cedar Products, Inc is an agriculture, forestry, fishing company in Antlers, Oklahoma, in business since 2006. Its estimated annual revenue is about $2.3M, with roughly $398K of EBITDA. It has about 6 employees. Its estimated business value is $1.2M (likely range $628K–$1.6M).
Common questions
- Who owns Central Cedar Products, Inc?
- The owner of Central Cedar Products, 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 Central Cedar Products, Inc make?
- SeeBITDA estimates Central Cedar Products, Inc's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Central Cedar Products, Inc worth?
- About $1.2M, roughly 3× its estimated EBITDA of $398K, typical for a agriculture, forestry, fishing company its size. Likely range: $628K–$1.6M.
- How many employees does Central Cedar Products, Inc have?
- About 6, as reported on its PPP loan.
- When was Central Cedar Products, Inc founded?
- Central Cedar Products, Inc has been in business since 2006.