Estes Farms Hay Service
How we got $1.3M
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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 |
|---|---|---|
| ESTES FARMS HAY SERVICE this business | $2.8M | — |
| CAREL FARMS, LLC Union City · 2 employees | $1.1M | 6.0 mi |
| STACKIN HAY LLC Calumet · 1 employees | $992K | 11.0 mi |
| SER RANCH LLC Okarche · 1 employees | $612K | 15.0 mi |
| RAMMING PRODUCE INC Hinton · 2 employees | $1.3M | 20.9 mi |
| NEWBREED ALTERNATIVES Oklahoma City · 1 employees | $688K | 21.3 mi |
| GUNTER PEANUT COMPANY INC. Binger · 9 employees | $4.6M | 21.4 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $250K |
| Revenue = employees × revenue per employee | $2.8M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $432K |
| Cross-check: revenue implied by PPP payroll | $390K |
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 | $1.3M |
| Multiple for this size and industry | 3× |
| Value range | $613K – $1.8M |
| Revenue range | $1.7M – $3.3M |
| EBITDA range | $255K – $511K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111940) |
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
- BankingFarm Credit of Western Oklahoma, ACAPPP / 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 Roles are as stated there and may be out of date.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
| Farm Credit of Western Oklahoma, ACA PPP 2020 | All 32 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $7K | 6 |
About Estes Farms Hay Service
Estes Farms Hay Service is an agriculture, forestry, fishing company in El Reno, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $432K of EBITDA. It has about 6 employees. Its estimated business value is $1.3M (likely range $613K–$1.8M).
Common questions
- Who owns Estes Farms Hay Service?
- The owner of Estes Farms Hay Service 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 Estes Farms Hay Service make?
- SeeBITDA estimates Estes Farms Hay Service's annual revenue at about $2.8M (likely between $1.7M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Estes Farms Hay Service worth?
- About $1.3M, roughly 3× its estimated EBITDA of $432K, typical for a agriculture, forestry, fishing company its size. Likely range: $613K–$1.8M.
- How many employees does Estes Farms Hay Service have?
- About 6, as reported on its PPP loan.