Hardtimes Real Beef Jerky Inc
How we got $3.4M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 44% 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 |
|---|---|---|
| HARDTIMES REAL BEEF JERKY INC this business | $10.9M | — |
| OKLAHOMA CITY MEAT COMPANY, INC. Oklahoma City · 34 employees | $21.9M | 21.6 mi |
| HONEST MEAT COMPANY, LLC Oklahoma City | $4.8M | 22.5 mi |
| FABULOSO SPECIALTIES LLC Oklahoma City · 20 employees | $9.5M | 22.7 mi |
| NOLL COUNTRY HOME MEAT COMPANY, LLC Edmond · 12 employees | $8.1M | 30.9 mi |
| RIOS CUSTOM PROCESSING, LLC Dover · 2 employees | $974K | 33.4 mi |
| THUNDERBIRD MEAT PROCESSING, LLC Norman · 5 employees | $1.6M | 43.8 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.5M |
| Estimate: the two combined (geometric mean) | $10.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $889K |
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 | $3.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.8M – $4.6M |
| Revenue range | $7.2M – $12.5M |
| EBITDA range | $585K – $1.0M |
| Industry (NAICS) | Meat Processed from Carcasses (311612) |
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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $115K | 23 |
About Hardtimes Real Beef Jerky Inc
Hardtimes Real Beef Jerky Inc is a meat processed from carcasses company in El Reno, Oklahoma. Its estimated annual revenue is about $10.9M, with roughly $889K of EBITDA. It has about 23 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.6M).
Common questions
- Who owns Hardtimes Real Beef Jerky Inc?
- The owner of Hardtimes Real Beef Jerky Inc 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 Hardtimes Real Beef Jerky Inc make?
- SeeBITDA estimates Hardtimes Real Beef Jerky Inc's annual revenue at about $10.9M (likely between $7.2M and $12.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hardtimes Real Beef Jerky Inc worth?
- About $3.4M, roughly 3.8× its estimated EBITDA of $889K, typical for a meat processed from carcasses company its size. Likely range: $1.8M–$4.6M.
- How many employees does Hardtimes Real Beef Jerky Inc have?
- About 23, as reported on its PPP loan.