Lindley Farm Equipment, Inc.
How we got $4.4M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 34% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LINDLEY FARM EQUIPMENT, INC. this business | $14.8M | — |
| KING-LINDSEY INC Cordell · 1 employees | $1.1M | 0.1 mi |
| SOUTHWEST DISTRIBUTING CO., INC. Clinton · 14 employees | $17.2M | 18.4 mi |
| H&C SERVICES, INC Weatherford · 14 employees | $12.9M | 22.4 mi |
| DNOW Elk City | $1.5M | 24.0 mi |
| FARM UNION CO-OPERATIVE, GIN Elk City · 5 employees | $5.2M | 24.8 mi |
| TROY JONES EQUIPMENT & TRUCK SALES, INC. Elk City · 10 employees | $9.9M | 24.8 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.5M |
| Estimate: the two combined (geometric mean) | $14.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.4M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.3M – $6.0M |
| Revenue range | $9.7M – $16.9M |
| EBITDA range | $667K – $1.2M |
| Industry (NAICS) | Farm and Garden Machinery and Equipment Merchant Wholesalers (423820) |
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
Advisors
- BankingOklahoma 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 Roles are as stated there and may be out of date.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
| Oklahoma Bank and Trust Company PPP 2020 | All 72 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 | $156K | 16 |
About Lindley Farm Equipment, Inc.
Lindley Farm Equipment, Inc. is a farm and garden machinery and equipment merchant wholesalers company in Cordell, Oklahoma. Its estimated annual revenue is about $14.8M, with roughly $1.0M of EBITDA. It has about 16 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.0M).
Common questions
- Who owns Lindley Farm Equipment, Inc.?
- The owner of Lindley Farm Equipment, 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 Lindley Farm Equipment, Inc. make?
- SeeBITDA estimates Lindley Farm Equipment, Inc.'s annual revenue at about $14.8M (likely between $9.7M and $16.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lindley Farm Equipment, Inc. worth?
- About $4.4M, roughly 4.3× its estimated EBITDA of $1.0M, typical for a farm and garden machinery and equipment merchant wholesalers company its size. Likely range: $2.3M–$6.0M.
- How many employees does Lindley Farm Equipment, Inc. have?
- About 16, as reported on its PPP loan.