SeeBITDAOklahoma

Charles Spenser

Agriculture, Forestry, Fishing
Estimated valueMedium confidence
$281K
$148Klikely range$384K
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$562K
a year
Profit (EBITDA)
$112K
20% of revenue
Employees
1
reported in 2021
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $281K

Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.

1 employees × $541K each$541K
PPP payroll ÷ payroll's usual share of revenue$449K
Shown toward the top of its range×1.14
Revenue$562K
× 20% profit margin$112K
× 2.5 sale multiple = value$281K

· Own this business? Correct these figures

Estimated value over time

▲ 25% since 2021
$0$161K$323K20212026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
CHARLES SPENSER
this business
$562K$112K—
Davis Angus
Foss
$1.4M$234K3.3 mi
KAST TRUST FARMS
Bessie · 1 employees
$993K$169K11.1 mi
R-4 INC.
Sentinel · 8 employees
$2.3M$350K11.5 mi
TRIPLE R FARMS, INC.
Sentinel · 4 employees
$1.6M$253K11.6 mi
4J CATTLE COMPANY LLC
Canute · 1 employees
$992K$169K12.3 mi
MUSICK FARMS INC
Sentinel · 9 employees
$3.1M$480K13.0 mi

The full calculation

Employees reported to the SBA1
Revenue from headcount (employees × revenue per employee for companies this size)$541K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$449K
Estimate: the two combined (geometric mean)$562K
EBITDA margin (industry, adjusted for size)20%
EBITDA = revenue × margin$112K

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$281K
Multiple for this size and industry2.5×
Value range$148K – $384K
Revenue range$369K – $640K
EBITDA range$74K – $128K
Industry (NAICS)Agriculture, Forestry, Fishing (112111)

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

History & 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 2021
All 1,112 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
1/22/2021second$7K$7K1Great Plains National Bank

About Charles Spenser

Charles Spenser is an agriculture, forestry, fishing company in Burnsflat, Oklahoma. Its estimated annual revenue is about $562K, with roughly $112K of EBITDA. It has about 1 employees. Its estimated business value is $281K (likely range $148K–$384K).

Common questions

Who owns Charles Spenser?
The owner of Charles Spenser 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 Spenser make?
SeeBITDA estimates Charles Spenser's annual revenue at about $562K (likely between $369K and $640K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Charles Spenser worth?
About $281K, roughly 2.5× its estimated EBITDA of $112K, typical for a agriculture, forestry, fishing company its size. Likely range: $148K–$384K.
How many employees does Charles Spenser have?
About 1, as reported on its PPP loan.