Mid-America Feeds, Inc.
How we got $21.9M
Based on its 49 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Mid America Feeds is a feed mill and farm and ranch store in Talala, Oklahoma that manufactures livestock feed and supplies farms and ranches. It serves local producers from large-scale operations to backyard chickens.
From the company's website. Industry: Other Animal Food Manufacturing.
Customers & suppliers
Suppliers & brands
- ADM · brand it sells or installs
- Purina · brand it sells or installs
- Bonanza · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 31 mi · $129.5M
- BERRY & BERRY ACQUISITION · Tahlequah, 59 mi · $93.3M
- J-M FARMS, INC · Miami, 54 mi · $82.0M
- J-M FARMS HOLDING, LLC · Miami, 52 mi · $76.3M
- J-M FOODS, LLC · Miami, 55 mi · $37.0M
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.
Employees over time
▼ 20% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 49 | $53.8M |
| 2020 | Form 5500 | 37 | $40.6M |
| 2021 | Form 5500 | 39 | $42.8M |
| 2022 | Form 5500 | 38 | $41.7M |
| 2023 | Form 5500 | 39 | $42.8M |
| 2024 | Form 5500 | 39 | $42.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MID-AMERICA FEEDS, INC. this business | $59.9M | — |
| Mid West Truck & Equipment Brokers Oologah | $3.0M | 6.1 mi |
| RAINEY'S CUSTOM BUTCHERING, INC. Ramona · 6 employees | $3.6M | 11.3 mi |
| AMELIA, L.L.C. Nowata · 6 employees | $3.5M | 11.5 mi |
| Basden Steel Oklahoma Claremore | $3.0M | 12.7 mi |
| Mahle Industries Filtration USA Nowata | $3.0M | 12.7 mi |
| Filtration Group Nowata | $3.0M | 12.7 mi |
The full calculation
| Employees reported to the SBA | 49 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $54.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $50.6M |
| Estimate: the two combined (geometric mean) | $59.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $4.0M |
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 | $21.9M |
| Multiple for this size and industry | 5.5× |
| Value range | $11.5M – $29.9M |
| Revenue range | $39.4M – $68.3M |
| EBITDA range | $2.6M – $4.5M |
| 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
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $482K | 49 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mid-America Feeds, Inc.
Mid-America Feeds, Inc. is an other animal food manufacturing company in Talala, Oklahoma, in business since 2011. Its estimated annual revenue is about $59.9M, with roughly $4.0M of EBITDA. It has about 39 employees. Its estimated business value is $21.9M (likely range $11.5M–$29.9M).
Common questions
- Who owns Mid-America Feeds, Inc.?
- The owner of Mid-America Feeds, 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 Mid-America Feeds, Inc. make?
- SeeBITDA estimates Mid-America Feeds, Inc.'s annual revenue at about $59.9M (likely between $39.4M and $68.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid-America Feeds, Inc. worth?
- About $21.9M, roughly 5.5× its estimated EBITDA of $4.0M, typical for a other animal food manufacturing company its size. Likely range: $11.5M–$29.9M.
- How many employees does Mid-America Feeds, Inc. have?
- About 39, from its 2024 retirement-plan filing.
- When was Mid-America Feeds, Inc. founded?
- Mid-America Feeds, Inc. has been in business since 2011.