Farmers Electric LLC
How we got $3.3M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FARMERS ELECTRIC LLC this business | $7.2M | — |
| Oklahoma Gas & Electric Co. Enid | $1.3M | 17.9 mi |
| CIMARRON ELECTRIC COOPERATIVE, INC. Kingfisher | $78.4M | 21.1 mi |
| RED EARTH ENERGY, INC. Edmond · 2 employees | $2.1M | 41.8 mi |
| EVAN'S ELECTRIC LLC Edmond · 2 employees | $2.1M | 42.2 mi |
| CHERMAC ENERGY CORPORATION Edmond · 3 employees | $6.7M | 43.3 mi |
| EIGHTTWENTY, LLC Edmond | $9.0M | 43.7 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $7.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $860K |
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 | $3.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.7M – $4.5M |
| Revenue range | $4.7M – $8.2M |
| EBITDA range | $566K – $980K |
| Industry (NAICS) | Other Electric Power Generation (221118) |
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: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingStride Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $47K | 6 |
| 1/23/2021 | second | $59K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farmers Electric LLC
Farmers Electric LLC is an other electric power generation company in Hennessey, Oklahoma, in business since 2013. It is owned by Kaleb Hladik. Its estimated annual revenue is about $7.2M, with roughly $860K of EBITDA. It has about 6 employees. Its estimated business value is $3.3M (likely range $1.7M–$4.5M).
Common questions
- Who owns Farmers Electric LLC?
- Farmers Electric LLC is owned by Kaleb Hladik, according to public sources such as the company's website or filings.
- How much revenue does Farmers Electric LLC make?
- SeeBITDA estimates Farmers Electric LLC's annual revenue at about $7.2M (likely between $4.7M and $8.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farmers Electric LLC worth?
- About $3.3M, roughly 3.8× its estimated EBITDA of $860K, typical for a other electric power generation company its size. Likely range: $1.7M–$4.5M.
- How many employees does Farmers Electric LLC have?
- About 6, as reported on its PPP loan.
- When was Farmers Electric LLC founded?
- Farmers Electric LLC has been in business since 2013.