Manhart Family Farm
How we got $1.2M
Based on 4 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 25% since 2021Today'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 |
|---|---|---|
| MANHART FAMILY FARM this business | $2.6M | — |
| LIPPENCOTT FARMS LLC Cheyenne · 1 employees | $993K | 15.6 mi |
| KIRK/LITTLE CATTLE CO. LLC Cheyenne · 2 employees | $2.0M | 15.9 mi |
| WILLIAMS RIVERBEND FARMS LLC Arnett · 2 employees | $1.1M | 17.8 mi |
| DAVISON AND SONS CATTLE COMPANY Arnett · 9 employees | $3.7M | 20.6 mi |
| SPROWLS CATTLE COMPANY, LLC Cheyenne · 3 employees | $1.9M | 21.9 mi |
| SWITZER FAMILY CORPORATION Leedey · 3 employees | $1.2M | 22.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $250K |
| Revenue = employees × revenue per employee | $2.6M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $395K |
| Cross-check: revenue implied by PPP payroll | $437K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $561K – $1.7M |
| Revenue range | $1.5M – $3.0M |
| EBITDA range | $234K – $468K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112111) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingSecurity State BankPPP / 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 Roles are as stated there and may be out of date.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
| Security State Bank PPP 2021 | All 114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/28/2021 | first | $7K | 4 |
| 4/29/2021 | second | $7K | 4 |
About Manhart Family Farm
Manhart Family Farm is an agriculture, forestry, fishing company in Durham, Oklahoma. Its estimated annual revenue is about $2.6M, with roughly $395K of EBITDA. It has about 4 employees. Its estimated business value is $1.2M (likely range $561K–$1.7M).
Common questions
- Who owns Manhart Family Farm?
- The owner of Manhart Family Farm 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 Manhart Family Farm make?
- SeeBITDA estimates Manhart Family Farm's annual revenue at about $2.6M (likely between $1.5M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Manhart Family Farm worth?
- About $1.2M, roughly 3× its estimated EBITDA of $395K, typical for a agriculture, forestry, fishing company its size. Likely range: $561K–$1.7M.
- How many employees does Manhart Family Farm have?
- About 4, as reported on its PPP loan.