Charles D & Charles W Testerman
How we got $1.4M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| CHARLES D & CHARLES W TESTERMAN this business | $3.1M | — |
| BEANLAND FARMS, AN OKLAHOMA GENERAL PARTNERSHIP Hollis · 7 employees | $3.1M | 0.2 mi |
| CUMMINS LAND & CATTLE INC Hollis · 1 employees | $993K | 0.6 mi |
| K&S PARTNERSHIP Hollis · 18 employees | $6.2M | 2.9 mi |
| D WHORTON Hollis · 1 employees | $993K | 5.9 mi |
| B.K. CUNNINGHAM FARMS, LLC Hollis · 2 employees | $1.4M | 7.5 mi |
| ROBINSON & SONS LLC Gould · 2 employees | $1.5M | 7.5 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $479K |
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 | $757K – $2.0M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $315K – $547K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111920) |
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
Advisors
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $38K | 4 |
| 4/14/2021 | second | $30K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Charles D & Charles W Testerman
Charles D & Charles W Testerman is an agriculture, forestry, fishing company in Hollis, Oklahoma, in business since 1997. Its estimated annual revenue is about $3.1M, with roughly $479K of EBITDA. It has about 9 employees. Its estimated business value is $1.4M (likely range $757K–$2.0M).
Common questions
- Who owns Charles D & Charles W Testerman?
- The owner of Charles D & Charles W Testerman 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 Charles D & Charles W Testerman make?
- SeeBITDA estimates Charles D & Charles W Testerman's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Charles D & Charles W Testerman worth?
- About $1.4M, roughly 3× its estimated EBITDA of $479K, typical for a agriculture, forestry, fishing company its size. Likely range: $757K–$2.0M.
- How many employees does Charles D & Charles W Testerman have?
- About 9, as reported on its PPP loan.
- When was Charles D & Charles W Testerman founded?
- Charles D & Charles W Testerman has been in business since 1997.