Lee Farms Inc
How we got $1.0M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LEE FARMS INC this business | $2.2M | — |
| HZM FARMS LLC Custer City · 1 employees | $611K | 2.4 mi |
| M & J FARMS LLC Hydro · 3 employees | $1.9M | 11.2 mi |
| COVEY & COVEY FARMS Clinton · 2 employees | $1.4M | 12.3 mi |
| BAR LAZY B INC Weatherford · 2 employees | $1.3M | 13.6 mi |
| PAYNE FARMS AND CATTLE COMPANY Thomas · 14 employees | $7.0M | 14.1 mi |
| KENNETH THOMSEN Taloga · 1 employees | $992K | 24.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $342K |
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 | $1.0M |
| Multiple for this size and industry | 3× |
| Value range | $541K – $1.4M |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $225K – $390K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111140) |
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
People & advisors
Advisors
- BankingThe Bank of the WestPPP / 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 Roles are as stated there and may be out of date.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 Bank of the West PPP 2020 | All 56 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/4/2020 | first | $26K | 4 |
About Lee Farms Inc
Lee Farms Inc is an agriculture, forestry, fishing company in Custer City, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $342K of EBITDA. It has about 4 employees. Its estimated business value is $1.0M (likely range $541K–$1.4M).
Common questions
- Who owns Lee Farms Inc?
- The owner of Lee 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 Lee Farms Inc make?
- SeeBITDA estimates Lee Farms Inc's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lee Farms Inc worth?
- About $1.0M, roughly 3× its estimated EBITDA of $342K, typical for a agriculture, forestry, fishing company its size. Likely range: $541K–$1.4M.
- How many employees does Lee Farms Inc have?
- About 4, as reported on its PPP loan.