Lindsay Ag Supply
How we got $2.4M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 56% 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 |
|---|---|---|
| LINDSAY AG SUPPLY this business | $7.7M | — |
| Livestock Nutrition Center Chickasha | $4.8M | 23.8 mi |
| RUFF COUNTRY MOBILE DOG GROOMING Pocasset · 1 employees | $2.7M | 37.6 mi |
| OKLAHOMA DISTILLERS FEED PRODUCTS, LLC Anadarko · 5 employees | $5.2M | 39.8 mi |
| MODA, INC. Oklahoma City · 7 employees | $8.2M | 48.9 mi |
| Shawnee Feed Center Shawnee | $4.0M | 49.0 mi |
| KFM, INC. Temple · 5 employees | $4.0M | 53.3 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.8M |
| Estimate: the two combined (geometric mean) | $7.7M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $626K |
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 | $2.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $5.1M – $8.8M |
| EBITDA range | $412K – $714K |
| Industry (NAICS) | Other Animal Food Manufacturing (311119) |
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
- BankingAmerican Exchange Bank, Lindsay, OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| American Exchange Bank, Lindsay, Oklahoma PPP 2020 | All 68 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $55K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lindsay Ag Supply
Lindsay Ag Supply is an other animal food manufacturing company in Lindsay, Oklahoma, in business since 2006. It is owned by David Rushing. Its estimated annual revenue is about $7.7M, with roughly $626K of EBITDA. It has about 8 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Lindsay Ag Supply?
- Lindsay Ag Supply is owned by David Rushing, according to public sources such as the company's website or filings.
- How much revenue does Lindsay Ag Supply make?
- SeeBITDA estimates Lindsay Ag Supply's annual revenue at about $7.7M (likely between $5.1M and $8.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lindsay Ag Supply worth?
- About $2.4M, roughly 3.8× its estimated EBITDA of $626K, typical for a other animal food manufacturing company its size. Likely range: $1.3M–$3.3M.
- How many employees does Lindsay Ag Supply have?
- About 8, as reported on its PPP loan.
- When was Lindsay Ag Supply founded?
- Lindsay Ag Supply has been in business since 2006.