Farmers Exchange
How we got $1.9M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 99% 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 |
|---|---|---|
| FARMERS EXCHANGE this business | $4.8M | — |
| FARMERS COOPERATIVE Carmen · 40 employees | $20.8M | 10.6 mi |
| ENTERPRISE GRAIN COMPANY, LLC Kremlin · 9 employees | $4.3M | 24.0 mi |
| LAND RUN FARMERS COOPERATIVE Waukomis · 16 employees | $6.6M | 27.6 mi |
| SOONER COOPERATIVE INC Okeene · 32 employees | $15.4M | 29.6 mi |
| BISON COOPERATIVE ASSOCIATION Bison · 9 employees | $4.7M | 31.9 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $508K |
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 | $1.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $334K – $580K |
| Industry (NAICS) | Farm Product Warehousing and Storage (493130) |
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
People & advisors
Advisors
- BankingCowboy BankPPP / 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 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 | $103K | 10 |
| 1/27/2021 | second | $102K | 10 |
About Farmers Exchange
Farmers Exchange is a farm product warehousing and storage company in Helena, Oklahoma. Its estimated annual revenue is about $4.8M, with roughly $508K of EBITDA. It has about 10 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Farmers Exchange?
- The owner of Farmers Exchange 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 Exchange make?
- SeeBITDA estimates Farmers Exchange's annual revenue at about $4.8M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farmers Exchange worth?
- About $1.9M, roughly 3.8× its estimated EBITDA of $508K, typical for a farm product warehousing and storage company its size. Likely range: $1.0M–$2.6M.
- How many employees does Farmers Exchange have?
- About 10, as reported on its PPP loan.