Dutton Farm and Supply, Inc.
How we got $2.4M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Dutton Farm is a nonprofit that empowers adults with disabilities to achieve independence and dignity through education, workforce development, and advocacy.
From the company's website. Industry: Farm Supplies Merchant Wholesalers.
Customers & suppliers
Customers
- Ssweet Bakery · named on its website
- Dovetail · named on its website
- Everybody, Inc · named on its website
- Palazzo di Bocce · named on its website
- United Wholesale Mortgage · named on its website
Estimated value over time
▲ 23% 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $15.4M |
| 2020 | Form 5500 | 7 | $15.4M |
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 |
|---|---|---|
| DUTTON FARM AND SUPPLY, INC. this business | $15.6M | — |
| AG SOLUTIONS, LLC Chickasha · 6 employees | $9.8M | 22.4 mi |
| SOUTHWEST LATEX, LLC Marlow · 1 employees | $978K | 23.5 mi |
| WAF LLC Norman · 3 employees | $2.5M | 26.6 mi |
| NADILL ENTERPRISES, INC. Norman · 7 employees | $13.0M | 27.6 mi |
| ELLISON FEED & SEED, INC. Norman · 3 employees | $6.0M | 28.3 mi |
| DUNCAN JANITORIAL & INDUSTRIAL SUPPLY Duncan · 3 employees | $3.2M | 28.4 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.1M |
| Estimate: the two combined (geometric mean) | $15.6M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $654K |
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 | $2.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.2M – $3.2M |
| Revenue range | $10.3M – $17.8M |
| EBITDA range | $430K – $746K |
| Industry (NAICS) | Farm Supplies Merchant Wholesalers (424910) |
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: US Economic Census 2022, OK. 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
- MSMichele SmitherFounder · Company website · source
- TDTom DeAgostinoBoard Chair · Company website · source
- MSMichael SpiszBoard Vice Chair · Company website · source
- MWMichael WebberBoard Treasurer · Company website · source
- LMLaura MurphyBoard Secretary · Company website · source
- SZStacy ZiarkoBoard Member · Company website · source
- KDKen DallafiorBoard Member · Company website · source
- DMDavid McClellandBoard Member · Company website · source
- TLTom LehrerBoard Member · Company website · source
- KSKatie StarkBoard Member · Company website · source
- CBCheryl BoodramBoard Member · Company website · source
Advisors
- BankingThe First National Bank of Lindsay, First Pryority 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
| First Pryority Bank 7(a) 2026 | All 258 borrowers → |
| The First National Bank of Lindsay PPP 2020 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $79K | 7 |
Public records
| Mar 2026 | 7(a) | $2.7M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dutton Farm and Supply, Inc.
Dutton Farm and Supply, Inc. is a farm supplies merchant wholesalers company in Lindsay, Oklahoma, in business since 2007. It is owned by Jenny Brown (CEO). Its estimated annual revenue is about $15.6M, with roughly $654K of EBITDA. It has about 7 employees. Its estimated business value is $2.4M (likely range $1.2M–$3.2M).
Common questions
- Who owns Dutton Farm and Supply, Inc.?
- Dutton Farm and Supply, Inc. is owned by Jenny Brown (CEO), according to public sources such as the company's website or filings.
- How much revenue does Dutton Farm and Supply, Inc. make?
- SeeBITDA estimates Dutton Farm and Supply, Inc.'s annual revenue at about $15.6M (likely between $10.3M and $17.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dutton Farm and Supply, Inc. worth?
- About $2.4M, roughly 3.6× its estimated EBITDA of $654K, typical for a farm supplies merchant wholesalers company its size. Likely range: $1.2M–$3.2M.
- How many employees does Dutton Farm and Supply, Inc. have?
- About 7, from its 2020 retirement-plan filing.
- When was Dutton Farm and Supply, Inc. founded?
- Dutton Farm and Supply, Inc. has been in business since 2007.