Garber Cooperative Association
How we got $32.5M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
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
▲ 12% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 25 | $121.8M |
| 2020 | Form 5500 | 25 | $121.8M |
| 2021 | Form 5500 | 26 | $126.7M |
| 2022 | Form 5500 | 24 | $116.9M |
| 2023 | Form 5500 | 23 | $112.1M |
| 2024 | Form 5500 | 23 | $112.1M |
| 2025 | Form 5500 | 28 | $136.4M |
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 |
|---|---|---|
| GARBER COOPERATIVE ASSOCIATION this business | $143.0M | — |
| CALDWELL LIVESTOCK MARKET, LLC Enid · 52 employees | $151.8M | 21.7 mi |
| Ranch Drive Elevator Tonkawa | $30.1M | 22.4 mi |
| CARRIER MILL & ELEVATOR CO Carrier · 4 employees | $25.4M | 24.6 mi |
| PRIBIL LAND AND CATTLE, INC. Hennessey · 1 employees | $5.0M | 25.7 mi |
| WOODERSON SEED Blackwell · 2 employees | $10.3M | 28.3 mi |
| Clyde Elevator Medford | $30.1M | 31.0 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $105.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $149.5M |
| Estimate: the two combined (geometric mean) | $143.0M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $5.2M |
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 | $32.5M |
| Multiple for this size and industry | 6.2× |
| Value range | $17.1M – $44.5M |
| Revenue range | $94.1M – $163.0M |
| EBITDA range | $3.5M – $6.0M |
| Industry (NAICS) | Grain and Field Bean Merchant Wholesalers (424510) |
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
- SLShawn LohmannSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- BankingACB 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
| ACB Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $387K | 25 |
2 locations
| 102 E RAILROAD ST | Garber | This listing |
| 910 Johnson St | Fairmont | 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 Garber Cooperative Association
Garber Cooperative Association is a grain and field bean merchant wholesalers company in Garber, Oklahoma, in business since 2000. Its estimated annual revenue is about $143.0M, with roughly $5.2M of EBITDA. It has about 28 employees. Its estimated business value is $32.5M (likely range $17.1M–$44.5M). It has 2 locations.
Common questions
- Who owns Garber Cooperative Association?
- The owner of Garber 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 Garber Cooperative Association make?
- SeeBITDA estimates Garber Cooperative Association's annual revenue at about $143.0M (likely between $94.1M and $163.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garber Cooperative Association worth?
- About $32.5M, roughly 6.2× its estimated EBITDA of $5.2M, typical for a grain and field bean merchant wholesalers company its size. Likely range: $17.1M–$44.5M.
- How many employees does Garber Cooperative Association have?
- About 28, from its 2025 retirement-plan filing.
- When was Garber Cooperative Association founded?
- Garber Cooperative Association has been in business since 2000.