Farm Data Services, Inc
How we got $1.4M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 21% 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.
What we know
Signs of a sale Likely to sell
- In business 44 years (since 1982)
- Founder still runs it after 44 years
From public records and the company's website, not a statement that it's for sale.
What they do
Farm Data Services, Inc. is an agricultural management accounting and consulting firm in Stillwater, Oklahoma, providing services to farms, ranches and small businesses. It also provides crop and livestock insurance.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WINTER LIVESTOCK, INC · Enid, 49 mi · $60.2M
- LAZY J ARENA, LLC · Stillwater, 8 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 55 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 56 mi · $18.0M
- SOUTHERN PLAINS LIVESTOCK AUCTION, INC. · Blackwell, 48 mi · $14.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FARM DATA SERVICES, INC this business | $2.2M | — |
| BRUCE G LUTTRELL, CPA, PC Stillwater · 1 employees | $333K | 1.3 mi |
| RICHWOOD LLC Stillwater · 2 employees | $369K | 1.3 mi |
| FSW&B CPA'S PLLC Stillwater · 19 employees | $4.4M | 1.5 mi |
| DUGGER ADN CO. CPAS PC Stillwater · 5 employees | $693K | 1.5 mi |
| Greg Swenson Inc Stillwater | $735K | 1.6 mi |
| Jackson Hewitt Tax Service Stillwater | $1.1M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $394K |
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 | $1.4M |
| Multiple for this size and industry | 3.5× |
| Value range | $725K – $1.9M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $259K – $449K |
| Industry (NAICS) | Other Accounting Services (541219) |
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
History & advisors
“Founded in 1982 by Mike Burtrum, FARM DATA SERVICES, INC. began with the belief that although the principles for accounting in agriculture are all the same - debits, credits, balance sheets, p&l statements, etc. - the businesses are as unique as the individual operators.”
Advisors
- BankingExchange Bank and 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
| Exchange Bank and Trust Company PPP 2020, PPP 2021 | All 217 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $131K | 8 |
| 1/16/2021 | second | $143K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farm Data Services, Inc
Farm Data Services, Inc is an accounting & tax company in Stillwater, Oklahoma, in business since 1982. It is owned by Mike Burtrum (Founder). Its estimated annual revenue is about $2.2M, with roughly $394K of EBITDA. It has about 10 employees. Its estimated business value is $1.4M (likely range $725K–$1.9M).
Common questions
- Who owns Farm Data Services, Inc?
- Farm Data Services, Inc is owned by Mike Burtrum (Founder), according to public sources such as the company's website or filings.
- How much revenue does Farm Data Services, Inc make?
- SeeBITDA estimates Farm Data Services, Inc's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farm Data Services, Inc worth?
- About $1.4M, roughly 3.5× its estimated EBITDA of $394K, typical for a accounting & tax company its size. Likely range: $725K–$1.9M.
- How many employees does Farm Data Services, Inc have?
- About 10, as reported on its PPP loan.
- When was Farm Data Services, Inc founded?
- Farm Data Services, Inc has been in business since 1982.
- Is Farm Data Services, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 44 years (since 1982); founder still runs it after 44 years.