Farmers Cooperative Association
How we got $19.4M
Based on its 41 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 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
Farmers Cooperative Association is headquartered in Blackwell, Oklahoma, with branches in several Oklahoma towns, and offers seed, chemical and fertilizer, feed, livestock merchandise, and cash bid and market information. Its pages include soybean herbicide program recommendations and a contact for scheduling herbicide applications.
From the company's website. Industry: Farm Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Trivence · brand it sells or installs
- Envive · brand it sells or installs
- Metribuzin · brand it sells or installs
- Truchoice · brand it sells or installs
- Broadaxe XC · brand it sells or installs
- Panther SC · brand it sells or installs
- Anthem Max · brand it sells or installs
- Anthem Maxx · brand it sells or installs
- Cadet · brand it sells or installs
- Cobra · brand it sells or installs
- Storm · brand it sells or installs
- Ultra Blazer · brand it sells or installs
- Warrant Ultra · brand it sells or installs
- Brawl · brand it sells or installs
- Outlook · brand it sells or installs
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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 41 | $90.0M |
| 2020 | Form 5500 | 34 | $74.6M |
| 2021 | Form 5500 | 31 | $68.0M |
| 2022 | Form 5500 | 34 | $74.6M |
| 2023 | Form 5500 | 38 | $83.4M |
| 2024 | Form 5500 | 41 | $90.0M |
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 |
|---|---|---|
| FARMERS COOPERATIVE ASSOCIATION this business | $101.6M | — |
| SEVEN-UP BOTTLING COMPANY Ponca City · 12 employees | $11.5M | 12.6 mi |
| SCOTT AG SERVICES LLC Pond Creek · 2 employees | $4.6M | 24.8 mi |
| FARMERS GRAIN COMPANY Pond Creek · 102 employees | $234.2M | 27.5 mi |
| COUNTRY DOCTOR VET CLINIC LLC Perry · 4 employees | $12.5M | 33.0 mi |
| COUNTRY DOCTOR VET SUPPLY LLC Orlando · 1 employees | $3.1M | 33.9 mi |
| PAWNEE BILL'S INDIAN TRADING POST LL Pawnee · 5 employees | $3.8M | 36.5 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $109.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $72.9M |
| Estimate: the two combined (geometric mean) | $101.6M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $3.7M |
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 | $19.4M |
| Multiple for this size and industry | 5.2× |
| Value range | $10.2M – $26.5M |
| Revenue range | $66.9M – $115.9M |
| EBITDA range | $2.5M – $4.3M |
| 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
- MSMarty SteichenContact for application scheduling · Company website · source
Advisors
- BankingCoBank ACBPPP / 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
| CoBank ACB PPP 2020 | All 7 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $349K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farmers Cooperative Association
Farmers Cooperative Association is a farm supplies merchant wholesalers company in Tonkawa, Oklahoma, in business since 2009. Its estimated annual revenue is about $101.6M, with roughly $3.7M of EBITDA. It has about 41 employees. Its estimated business value is $19.4M (likely range $10.2M–$26.5M).
Common questions
- Who owns Farmers Cooperative Association?
- The owner of Farmers Cooperative Association 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 Farmers Cooperative Association make?
- SeeBITDA estimates Farmers Cooperative Association's annual revenue at about $101.6M (likely between $66.9M and $115.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farmers Cooperative Association worth?
- About $19.4M, roughly 5.2× its estimated EBITDA of $3.7M, typical for a farm supplies merchant wholesalers company its size. Likely range: $10.2M–$26.5M.
- How many employees does Farmers Cooperative Association have?
- About 41, from its 2024 retirement-plan filing.
- When was Farmers Cooperative Association founded?
- Farmers Cooperative Association has been in business since 2009.