Hay Grinderman, LLC
How we got $2.1M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 56% 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 |
|---|---|---|
| HAY GRINDERMAN, LLC this business | $6.9M | — |
| THE FEED BARN, LLC Enid · 2 employees | $1.5M | 14.9 mi |
| RB'S BEARINGER COMPANY, LLC Piedmont · 19 employees | $15.2M | 56.4 mi |
| ELITE ENDEAVORS, LLC Edmond · 40 employees | $42.5M | 60.9 mi |
| 212 LOGISTICS, LLC Edmond · 18 employees | $21.8M | 62.4 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $6.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $560K |
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 | $2.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.9M |
| Revenue range | $4.5M – $7.8M |
| EBITDA range | $368K – $638K |
| Industry (NAICS) | Other Animal Food Manufacturing (311119) |
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/10/2020 | first | $70K | 5 |
About Hay Grinderman, LLC
Hay Grinderman, LLC is an other animal food manufacturing company in Enid, Oklahoma. Its estimated annual revenue is about $6.9M, with roughly $560K of EBITDA. It has about 5 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Hay Grinderman, LLC?
- The owner of Hay Grinderman, 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 Hay Grinderman, LLC make?
- SeeBITDA estimates Hay Grinderman, LLC's annual revenue at about $6.9M (likely between $4.5M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hay Grinderman, LLC worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $560K, typical for a other animal food manufacturing company its size. Likely range: $1.1M–$2.9M.
- How many employees does Hay Grinderman, LLC have?
- About 5, as reported on its PPP loan.