Flat Broke Farms LLC
How we got $233K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 8% 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 |
|---|---|---|
| FLAT BROKE FARMS LLC this business | $592K | — |
| R.L. KNAPP TRUCKING INC Greenfield · 5 employees | $3.9M | 15.3 mi |
| MICHAEL SHANE GOYER LLC Weatherford · 1 employees | $384K | 17.2 mi |
| CPT TRUCKING, LLC Weatherford · 2 employees | $1.4M | 18.3 mi |
| GUARDIAN OILFIELD SERVICES, INC. Weatherford · 23 employees | $8.7M | 18.9 mi |
| ACEE TRANSPORT LLC Weatherford · 1 employees | $1.2M | 19.9 mi |
| AMERICAN BEAUTI TRANSPORT L.L.C Hitchcock · 1 employees | $330K | 20.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $694K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $389K |
| Estimate: the two combined (geometric mean) | $592K |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $111K |
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 | $233K |
| Multiple for this size and industry | 2.1× |
| Value range | $123K – $319K |
| Revenue range | $390K – $675K |
| EBITDA range | $73K – $127K |
| Industry (NAICS) | Specialized Freight (except Used Goods) Trucking, Long-Distance (484230) |
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
- BankingBank 7PPP / 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 Roles are as stated there and may be out of date.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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $5K | 1 |
| 3/13/2021 | second | $21K | 1 |
About Flat Broke Farms LLC
Flat Broke Farms LLC is a specialized freight (except used goods) trucking, long-distance company in Fay, Oklahoma. Its estimated annual revenue is about $592K, with roughly $111K of EBITDA. It has about 1 employees. Its estimated business value is $233K (likely range $123K–$319K).
Common questions
- Who owns Flat Broke Farms LLC?
- The owner of Flat Broke Farms 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 Flat Broke Farms LLC make?
- SeeBITDA estimates Flat Broke Farms LLC's annual revenue at about $592K (likely between $390K and $675K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Flat Broke Farms LLC worth?
- About $233K, roughly 2.1× its estimated EBITDA of $111K, typical for a specialized freight (except used goods) trucking, long-distance company its size. Likely range: $123K–$319K.
- How many employees does Flat Broke Farms LLC have?
- About 1, as reported on its PPP loan.