Hl Morris Farms Inc.
How we got $3.0M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 42% 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
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
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 |
|---|---|---|
| HL MORRIS FARMS INC. this business | $8.2M | — |
| Double G Ranch and Feed - CubeIt Hay Cubes and Farm to Fork Beef Purcell | $2.4M | 6.6 mi |
| McClain County OSU Extension Office Purcell | $2.4M | 7.4 mi |
| Osborn Agricultural Supplies Norman | $2.4M | 8.7 mi |
| Bentley Turf Farms Inc Norman | $2.4M | 9.4 mi |
| 39 Equipment Lexington | $2.4M | 9.6 mi |
| FJC Cattle Co. Blanchard | $2.4M | 10.5 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $8.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $778K |
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 | $3.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.6M – $4.0M |
| Revenue range | $5.4M – $9.3M |
| EBITDA range | $512K – $887K |
| Industry (NAICS) | Farm Management Services (115116) |
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. 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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $281K | 15 |
| 1/30/2021 | second | $275K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hl Morris Farms Inc.
Hl Morris Farms Inc. is a farm management services company in Purcell, Oklahoma, in business since 2006. Its estimated annual revenue is about $8.2M, with roughly $778K of EBITDA. It has about 15 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.0M).
Common questions
- Who owns Hl Morris Farms Inc.?
- The owner of Hl Morris Farms 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 Hl Morris Farms Inc. make?
- SeeBITDA estimates Hl Morris Farms Inc.'s annual revenue at about $8.2M (likely between $5.4M and $9.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hl Morris Farms Inc. worth?
- About $3.0M, roughly 3.8× its estimated EBITDA of $778K, typical for a farm management services company its size. Likely range: $1.6M–$4.0M.
- How many employees does Hl Morris Farms Inc. have?
- About 15, as reported on its PPP loan.
- When was Hl Morris Farms Inc. founded?
- Hl Morris Farms Inc. has been in business since 2006.