Farm Source LLC
How we got $436K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 34% 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 |
|---|---|---|
| FARM SOURCE LLC this business | $2.0M | — |
| CIRCLE S SPRINKLER LLC Covington · 2 employees | $2.3M | 9.7 mi |
| METCO INC Enid · 3 employees | $2.5M | 20.2 mi |
| GRIMSLEYS INC Stillwater · 30 employees | $20.1M | 20.5 mi |
| BUESING'S PUMP & SUPPLY, INC. Tonkawa · 10 employees | $9.2M | 26.0 mi |
| KALAMAR Enid · 11 employees | $11.0M | 27.5 mi |
| MISSION OILFIELD SUPPLY LLC Lamont · 4 employees | $3.8M | 28.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $182K |
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 | $436K |
| Multiple for this size and industry | 2.4× |
| Value range | $229K – $596K |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $119K – $207K |
| Industry (NAICS) | Farm and Garden Machinery and Equipment Merchant Wholesalers (423820) |
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
Advisors
- BankingFirst Bank and Trust of MemphisPPP / 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 Roles are as stated there and may be out of date.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 of Memphis PPP 2020 | All 78 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $18K | 2 |
About Farm Source LLC
Farm Source LLC is a farm and garden machinery and equipment merchant wholesalers company in Perry, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $182K of EBITDA. It has about 2 employees. Its estimated business value is $436K (likely range $229K–$596K).
Common questions
- Who owns Farm Source LLC?
- The owner of Farm Source 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 Farm Source LLC make?
- SeeBITDA estimates Farm Source LLC's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farm Source LLC worth?
- About $436K, roughly 2.4× its estimated EBITDA of $182K, typical for a farm and garden machinery and equipment merchant wholesalers company its size. Likely range: $229K–$596K.
- How many employees does Farm Source LLC have?
- About 2, as reported on its PPP loan.