Culver Farms Inc.
How we got $508K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 25% since 2021Today'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 |
|---|---|---|
| CULVER FARMS INC. this business | $1.2M | — |
| HANDRICH INVESTMENTS, LLC Afton · 4 employees | $2.6M | 24.4 mi |
| BISWELL'S SUNNY SIDE FARMS LLC Claremore · 1 employees | $640K | 28.5 mi |
| PACKARD FARMS INC. Salina · 3 employees | $1.3M | 32.7 mi |
| BALD EAGLE LLC Rose · 1 employees | $992K | 39.0 mi |
| HOLLY FARMS, LLC Jay · 17 employees | $7.2M | 42.0 mi |
| K & C LEE FARM Jay · 2 employees | $887K | 45.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $673K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $203K |
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 | $508K |
| Multiple for this size and industry | 2.5× |
| Value range | $267K – $695K |
| Revenue range | $783K – $1.4M |
| EBITDA range | $134K – $232K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112320) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBank of CommercePPP / 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 Roles are as stated there and may be out of date.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
| Bank of Commerce PPP 2021 | All 308 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/23/2021 | first | $10K | 3 |
About Culver Farms Inc.
Culver Farms Inc. is an agriculture, forestry, fishing company in Chelsea, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $203K of EBITDA. It has about 3 employees. Its estimated business value is $508K (likely range $267K–$695K).
Common questions
- Who owns Culver Farms Inc.?
- The owner of Culver Farms 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 Culver Farms Inc. make?
- SeeBITDA estimates Culver Farms Inc.'s annual revenue at about $1.2M (likely between $783K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Culver Farms Inc. worth?
- About $508K, roughly 2.5× its estimated EBITDA of $203K, typical for a agriculture, forestry, fishing company its size. Likely range: $267K–$695K.
- How many employees does Culver Farms Inc. have?
- About 3, as reported on its PPP loan.