Double E Farms Inc
How we got $389K
Based on its 2 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 27 years (since 1999)
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 |
|---|---|---|
| DOUBLE E FARMS INC this business | $912K | — |
| EARP & EARP Chandler · 2 employees | $1.8M | 5.4 mi |
| PAUL E WHITNAH Wellston · 1 employees | $486K | 5.5 mi |
| WEATHERS FARMS LLC Wellston · 2 employees | $1.3M | 7.3 mi |
| WOLFF FARMS LLC Chandler · 2 employees | $1.4M | 7.3 mi |
| WALLAHCHIE LLC Wellston · 6 employees | $2.8M | 7.4 mi |
| BLOYD LAND & CATTLE INC Carney · 2 employees | $1.2M | 12.0 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) | $592K |
| Estimate: the two combined (geometric mean) | $912K |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $156K |
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 | $389K |
| Multiple for this size and industry | 2.5× |
| Value range | $205K – $532K |
| Revenue range | $600K – $1.0M |
| EBITDA range | $102K – $177K |
| 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
People & advisors
Advisors
- BankingFirst Bank and Trust CoPPP / 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 Roles are as stated there and may be out of date.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 2020, 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 |
|---|---|---|---|
| 7/13/2020 | first | $9K | 2 |
| 1/25/2021 | second | $9K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Double E Farms Inc
Double E Farms Inc is an agriculture, forestry, fishing company in Wellston, Oklahoma, in business since 1999. Its estimated annual revenue is about $912K, with roughly $156K of EBITDA. It has about 2 employees. Its estimated business value is $389K (likely range $205K–$532K).
Common questions
- Who owns Double E Farms Inc?
- The owner of Double E 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 Double E Farms Inc make?
- SeeBITDA estimates Double E Farms Inc's annual revenue at about $912K (likely between $600K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Double E Farms Inc worth?
- About $389K, roughly 2.5× its estimated EBITDA of $156K, typical for a agriculture, forestry, fishing company its size. Likely range: $205K–$532K.
- How many employees does Double E Farms Inc have?
- About 2, as reported on its PPP loan.
- When was Double E Farms Inc founded?
- Double E Farms Inc has been in business since 1999.