Curtis & David Vap Farms
How we got $920K
Based on its 2 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 |
|---|---|---|
| CURTIS & DAVID VAP FARMS this business | $2.0M | — |
| SCHIEBER FARMS LLC Ponca City · 2 employees | $1.7M | 5.5 mi |
| ED FARMS LLC Newkirk · 5 employees | $2.3M | 7.4 mi |
| OTTO SEEDS, LLC Blackwell · 2 employees | $1.2M | 11.9 mi |
| DEWITT ACRES LLC Braman · 2 employees | $1.2M | 13.2 mi |
| 3L GRAINS, LLC Tonkawa · 3 employees | $1.5M | 16.5 mi |
| DAVIS FAMILY FARMS, LLC Tonkawa · 3 employees | $1.2M | 16.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $307K |
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 | $920K |
| Multiple for this size and industry | 3× |
| Value range | $484K – $1.3M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $202K – $349K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111110) |
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
- BankingEquity 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 Roles are as stated there and may be out of date.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
| Equity Bank PPP 2021 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | first | $42K | 2 |
| 3/20/2021 | second | $42K | 2 |
About Curtis & David Vap Farms
Curtis & David Vap Farms is an agriculture, forestry, fishing company in Newkirk, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $307K of EBITDA. It has about 2 employees. Its estimated business value is $920K (likely range $484K–$1.3M).
Common questions
- Who owns Curtis & David Vap Farms?
- The owner of Curtis & David Vap Farms 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 Curtis & David Vap Farms make?
- SeeBITDA estimates Curtis & David Vap Farms's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Curtis & David Vap Farms worth?
- About $920K, roughly 3× its estimated EBITDA of $307K, typical for a agriculture, forestry, fishing company its size. Likely range: $484K–$1.3M.
- How many employees does Curtis & David Vap Farms have?
- About 2, as reported on its PPP loan.