Farmers Grain Company
How we got $53.3M
Based on its 102 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
▼ 31% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 102 | $223.9M |
| 2020 | Form 5500 | 88 | $193.1M |
| 2021 | Form 5500 | 82 | $180.0M |
| 2022 | Form 5500 | 86 | $188.8M |
| 2023 | Form 5500 | 99 | $217.3M |
| 2024 | Form 5500 | 92 | $201.9M |
| 2025 | Form 5500 | 70 | $153.6M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 32 years (since 1994)
- Headcount down 29% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FARMERS GRAIN COMPANY this business | $234.4M | — |
| SCOTT AG SERVICES LLC Pond Creek · 2 employees | $4.6M | 2.8 mi |
| HUFFMAN FLORAL INC Enid · 6 employees | $2.0M | 18.3 mi |
| JOHNSTON SEED COMPANY, LLC Enid · 42 employees | $121.4M | 18.8 mi |
| UPTOWN FLORIST & GIFTS INC Enid · 9 employees | $2.9M | 19.4 mi |
| PUTNAM SIX LLC Enid · 1 employees | $982K | 20.2 mi |
| FARMERS COOPERATIVE ASSOCIATION Tonkawa · 41 employees | $101.7M | 27.5 mi |
The full calculation
| Employees reported to the SBA | 102 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $209.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $201.8M |
| Estimate: the two combined (geometric mean) | $234.4M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $8.6M |
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 | $53.3M |
| Multiple for this size and industry | 6.2× |
| Value range | $28.1M – $73.0M |
| Revenue range | $154.2M – $267.2M |
| EBITDA range | $5.7M – $9.8M |
| 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
History & 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 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.2M | 102 |
2 locations
| 302 Broadway Ave | Pond Creek | This listing |
| 102 W 1st St | Edmond | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farmers Grain Company
Farmers Grain Company is a farm supplies merchant wholesalers company in Pond Creek, Oklahoma, in business since 1994. Its estimated annual revenue is about $234.4M, with roughly $8.6M of EBITDA. It has about 70 employees. Its estimated business value is $53.3M (likely range $28.1M–$73.0M). It has 2 locations.
Common questions
- Who owns Farmers Grain Company?
- The owner of Farmers Grain Company 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 Grain Company make?
- SeeBITDA estimates Farmers Grain Company's annual revenue at about $234.4M (likely between $154.2M and $267.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farmers Grain Company worth?
- About $53.3M, roughly 6.2× its estimated EBITDA of $8.6M, typical for a farm supplies merchant wholesalers company its size. Likely range: $28.1M–$73.0M.
- How many employees does Farmers Grain Company have?
- About 70, from its 2025 retirement-plan filing.
- When was Farmers Grain Company founded?
- Farmers Grain Company has been in business since 1994.