Keystone Tractor LLC
How we got $3.9M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 12% 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 |
|---|---|---|
| KEYSTONE TRACTOR LLC this business | $7.8M | — |
| CRYSTAL TECH INC Duncan · 3 employees | $3.0M | 1.4 mi |
| JT CONSULTING INC Duncan · 1 employees | $1.1M | 5.1 mi |
| THOMAS OIL TOOLS, LLC Duncan · 7 employees | $6.6M | 5.5 mi |
| OUTLAW LAWN CARE AND SPRAYING LLC Marlow · 1 employees | $964K | 9.9 mi |
| B & T PAVING Comanche · 2 employees | $1.2M | 10.5 mi |
| REHME MFG., INC Marlow · 6 employees | $3.5M | 10.5 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.2M |
| Estimate: the two combined (geometric mean) | $7.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $998K |
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 | $3.9M |
| Multiple for this size and industry | 3.9× |
| Value range | $2.0M – $5.3M |
| Revenue range | $5.2M – $8.9M |
| EBITDA range | $656K – $1.1M |
| Industry (NAICS) | Farm Machinery and Equipment Manufacturing (333111) |
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
People & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $114K | 11 |
| 1/29/2021 | second | $134K | 13 |
About Keystone Tractor LLC
Keystone Tractor LLC is a farm machinery and equipment manufacturing company in Duncan, Oklahoma. Its estimated annual revenue is about $7.8M, with roughly $998K of EBITDA. It has about 13 employees. Its estimated business value is $3.9M (likely range $2.0M–$5.3M).
Common questions
- Who owns Keystone Tractor LLC?
- The owner of Keystone Tractor 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 Keystone Tractor LLC make?
- SeeBITDA estimates Keystone Tractor LLC's annual revenue at about $7.8M (likely between $5.2M and $8.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Keystone Tractor LLC worth?
- About $3.9M, roughly 3.9× its estimated EBITDA of $998K, typical for a farm machinery and equipment manufacturing company its size. Likely range: $2.0M–$5.3M.
- How many employees does Keystone Tractor LLC have?
- About 13, as reported on its PPP loan.