D&d Howard Sheep & Cattle LLC
How we got $423K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
Howard Sheep and Cattle is a diversified ranch near Mulhall, Oklahoma, producing superior genetics in Black Angus cattle, Royal White sheep and Spanish goats.
From the company's website. Industry: Agriculture, Forestry, Fishing.
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.
Employees over time
▲ 100% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 1 | $250K |
| 2023 | Form 5500 | 2 | $500K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| D&D HOWARD SHEEP & CATTLE LLC this business | $993K | — |
| HARMON CATTLE COMPANY Orlando · 2 employees | $1.4M | 5.3 mi |
| ELK OK LLC Orlando · 3 employees | $2.2M | 5.6 mi |
| STINCHOMB FARMS Guthrie · 1 employees | $684K | 6.2 mi |
| TOM MCNEIL Mulhall · 1 employees | $640K | 6.5 mi |
| D & M EQUIPMENT AND CATTLE, LLC Perry · 1 employees | $571K | 13.8 mi |
| RALPH PASSOW Perry · 1 employees | $845K | 13.9 mi |
The full calculation
| Employees reported to the SBA | 1 |
| 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) | $1.4M |
| Estimate: the two combined (geometric mean) | $993K |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $169K |
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 | $423K |
| Multiple for this size and industry | 2.5× |
| Value range | $223K – $579K |
| Revenue range | $653K – $1.1M |
| EBITDA range | $111K – $193K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112111) |
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
Leadership
- DHDarrell HowardSigned for the company · 2023 retirement-plan filing (Form 5500)
Advisors
- BankingFirst Bank & Trust CompanyPPP / 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
| First Bank and Trust Co PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/3/2021 | first | $21K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About D&d Howard Sheep & Cattle LLC
D&d Howard Sheep & Cattle LLC is an agriculture, forestry, fishing company in Mulhall, Oklahoma, in business since 2020. Its estimated annual revenue is about $993K, with roughly $169K of EBITDA. It has about 2 employees. Its estimated business value is $423K (likely range $223K–$579K).
Common questions
- Who owns D&d Howard Sheep & Cattle LLC?
- The owner of D&d Howard Sheep & Cattle LLC 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 D&d Howard Sheep & Cattle LLC make?
- SeeBITDA estimates D&d Howard Sheep & Cattle LLC's annual revenue at about $993K (likely between $653K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is D&d Howard Sheep & Cattle LLC worth?
- About $423K, roughly 2.5× its estimated EBITDA of $169K, typical for a agriculture, forestry, fishing company its size. Likely range: $223K–$579K.
- How many employees does D&d Howard Sheep & Cattle LLC have?
- About 2, from its 2023 retirement-plan filing.
- When was D&d Howard Sheep & Cattle LLC founded?
- D&d Howard Sheep & Cattle LLC has been in business since 2020.