Hedges Ag Service, Inc.
How we got $1.1M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
What they do
Hedges Ag Service, Inc. is a family owned and operated agricultural sales and services company in Seiling, Oklahoma, serving farm, ranch, lawn and garden, and hunting customers in NW Oklahoma.
From the company's website. Industry: Farm Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Redneck · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WINTER LIVESTOCK, INC · Enid, 61 mi · $60.2M
- BUFFALO FEEDERS LLC · Buffalo, 60 mi · $21.2M
- LANCE RHODES · Fairview, 23 mi · $10.9M
- CATTLEMAN'S CHOICE FEEDYARD, INC · Gage, 51 mi · $9.0M
- XCEL FEEDYARD, LLC · Watonga, 38 mi · $8.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HEDGES AG SERVICE, INC. this business | $8.7M | — |
| STIERWALT SOLUTIONS, LLC. Leedey · 3 employees | $4.9M | 34.5 mi |
| DACOMA FARMERS COOPERATIVE, IN Dacoma · 53 employees | $133.3M | 40.8 mi |
| MIDWEST FARMERS INC Clinton · 8 employees | $18.8M | 43.0 mi |
| DUPREE, INC. Clinton · 4 employees | $2.5M | 43.4 mi |
| OTEY FAMILY BOUTIQUE LLP Weatherford · 1 employees | $909K | 43.9 mi |
| AJSMITH DISTRIBUTING., INC Clinton · 1 employees | $1.2M | 44.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $8.7M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $392K |
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 | $1.1M |
| Multiple for this size and industry | 2.9× |
| Value range | $598K – $1.6M |
| Revenue range | $5.7M – $9.9M |
| EBITDA range | $258K – $447K |
| Industry (NAICS) | Farm Supplies Merchant Wholesalers (424910) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
“Hedges Ag Service, Inc. is a family owned and operated agricultural sales and services company that has been serving the NW Oklahoma area for over 70 years.”
Advisors
- BankingThe Seiling State 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
| The Seiling State Bank PPP 2020, PPP 2021 | All 48 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 | $29K | 6 |
| 2/5/2021 | second | $33K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hedges Ag Service, Inc.
Hedges Ag Service, Inc. is a family-owned farm supplies merchant wholesalers company in Seiling, Oklahoma, in business since 2015. Its estimated annual revenue is about $8.7M, with roughly $392K of EBITDA. It has about 6 employees. Its estimated business value is $1.1M (likely range $598K–$1.6M).
Common questions
- Who owns Hedges Ag Service, Inc.?
- The owner of Hedges Ag Service, 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 Hedges Ag Service, Inc. make?
- SeeBITDA estimates Hedges Ag Service, Inc.'s annual revenue at about $8.7M (likely between $5.7M and $9.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hedges Ag Service, Inc. worth?
- About $1.1M, roughly 2.9× its estimated EBITDA of $392K, typical for a farm supplies merchant wholesalers company its size. Likely range: $598K–$1.6M.
- How many employees does Hedges Ag Service, Inc. have?
- About 6, as reported on its PPP loan.
- When was Hedges Ag Service, Inc. founded?
- Hedges Ag Service, Inc. has been in business since 2015.