Hitch Enterprises Inc
- Chris HitchSigns company filings · Form 5500 (2021)
How we got $111.4M
Based on its 288 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 31% 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
▼ 71% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 288 | $72.0M |
| 2020 | Form 5500 | 111 | $27.8M |
| 2021 | Form 5500 | 95 | $23.8M |
| 2022 | Form 5500 | 83 | $20.8M |
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.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 25% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HITCH ENTERPRISES INC this business | $147.1M | — |
| JAGER ENTERPRISES LLC Guymon · 2 employees | $1.2M | 0.3 mi |
| MICHAEL G HOLLIS REVOCABLE TRUST Guymon · 1 employees | $749K | 2.0 mi |
| NORTHFORK LAND & CATTLE, LLC Guymon · 2 employees | $1.3M | 2.2 mi |
| 7XL CATTLE COMPANY Guymon · 1 employees | $993K | 2.6 mi |
| MAYER LEGACY LLC Guymon · 7 employees | $3.5M | 2.7 mi |
| 7L LAND & CATTLE LLC Guymon · 1 employees | $992K | 2.7 mi |
Ranges & sources
| Revenue range | $96.8M – $167.7M |
| EBITDA range | $9.8M – $16.9M |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112111) |
| Value range | $58.6M – $152.5M |
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: approximate sector default. 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
- AccountingPricekubecka PLLCAudits its 401(k) plan (2022 filing)
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $3.3M | 288 |
| 2/7/2021 | second | $2.0M | 117 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hitch Enterprises Inc
Hitch Enterprises Inc is an agriculture, forestry, fishing company in Guymon, Oklahoma. Its estimated annual revenue is about $147.1M, with roughly $14.9M of EBITDA. It has about 83 employees. Its estimated business value is $111.4M (likely range $58.6M–$152.5M).
Common questions
- Who owns Hitch Enterprises Inc?
- The owner of Hitch Enterprises 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 Hitch Enterprises Inc make?
- SeeBITDA estimates Hitch Enterprises Inc's annual revenue at about $147.1M (likely between $96.8M and $167.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hitch Enterprises Inc worth?
- About $111.4M, roughly 7.5× its estimated EBITDA of $14.9M, typical for a agriculture, forestry, fishing company its size. Likely range: $58.6M–$152.5M.
- How many employees does Hitch Enterprises Inc have?
- About 83, from its 2022 retirement-plan filing.