Heartland Music Fest, Inc.
How we got $436K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 37% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HEARTLAND MUSIC FEST, INC. this business | $634K | — |
| ENID SYMPHONY ASSOCIATION Enid · 1 employees | $524K | 2.1 mi |
| Stride Bank Center Enid | $1.1M | 2.3 mi |
| Bluebirds Event Center Guthrie | $1.1M | 41.7 mi |
| The Range Wedding + Event Venue Stillwater | $1.1M | 46.9 mi |
| LEGEND PRODUCTIONS LLC Stillwater · 3 employees | $1.5M | 49.1 mi |
| Armstrong Auditorium Edmond | $1.5M | 53.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $626K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $494K |
| Estimate: the two combined (geometric mean) | $634K |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $190K |
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 | $436K |
| Multiple for this size and industry | 2.3× |
| Value range | $229K – $597K |
| Revenue range | $417K – $723K |
| EBITDA range | $125K – $216K |
| Industry (NAICS) | Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310) |
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 Roles are as stated there and may be out of date.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, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $13K | 2 |
| 2/25/2021 | second | $13K | 2 |
About Heartland Music Fest, Inc.
Heartland Music Fest, Inc. is a promoters of performing arts, sports, and similar events with facilities company in Enid, Oklahoma. Its estimated annual revenue is about $634K, with roughly $190K of EBITDA. It has about 2 employees. Its estimated business value is $436K (likely range $229K–$597K).
Common questions
- Who owns Heartland Music Fest, Inc.?
- The owner of Heartland Music Fest, 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 Heartland Music Fest, Inc. make?
- SeeBITDA estimates Heartland Music Fest, Inc.'s annual revenue at about $634K (likely between $417K and $723K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heartland Music Fest, Inc. worth?
- About $436K, roughly 2.3× its estimated EBITDA of $190K, typical for a promoters of performing arts, sports, and similar events with facilities company its size. Likely range: $229K–$597K.
- How many employees does Heartland Music Fest, Inc. have?
- About 2, as reported on its PPP loan.