Mid-America Food Distributors LLC
How we got $7.4M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 21% 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 |
|---|---|---|
| MID-AMERICA FOOD DISTRIBUTORS LLC this business | $41.2M | — |
| COWBOY CANDY AND SNACKS LLC Mulhall · 1 employees | $1.8M | 32.9 mi |
| A. T. MEXICAN SPECIALTIES, INC. Guthrie · 3 employees | $4.7M | 41.7 mi |
| ALEXANDER CONSTRUCTION COMPANY Stillwater · 2 employees | $6.1M | 49.4 mi |
| HALL OF FAME DISTRIBUTING INC Edmond · 3 employees | $7.2M | 50.9 mi |
| HIGHER GROUNDS, LLC Edmond · 2 employees | $2.4M | 52.1 mi |
| RIKKI'S SPECIALTY MEATS & TREATS, LLC. Ponca City · 1 employees | $1.1M | 52.3 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $32.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $40.9M |
| Estimate: the two combined (geometric mean) | $41.2M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.7M |
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 | $7.4M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.9M – $10.2M |
| Revenue range | $27.1M – $47.0M |
| EBITDA range | $1.1M – $2.0M |
| Industry (NAICS) | General Line Grocery Merchant Wholesalers (424410) |
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
People & advisors
Advisors
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $206K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mid-America Food Distributors LLC
Mid-America Food Distributors LLC is a general line grocery merchant wholesalers company in Enid, Oklahoma. It is owned by Jeff Dick (President). Its estimated annual revenue is about $41.2M, with roughly $1.7M of EBITDA. It has about 19 employees. Its estimated business value is $7.4M (likely range $3.9M–$10.2M).
Common questions
- Who owns Mid-America Food Distributors LLC?
- Mid-America Food Distributors LLC is owned by Jeff Dick (President), according to public sources such as the company's website or filings.
- How much revenue does Mid-America Food Distributors LLC make?
- SeeBITDA estimates Mid-America Food Distributors LLC's annual revenue at about $41.2M (likely between $27.1M and $47.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid-America Food Distributors LLC worth?
- About $7.4M, roughly 4.3× its estimated EBITDA of $1.7M, typical for a general line grocery merchant wholesalers company its size. Likely range: $3.9M–$10.2M.
- How many employees does Mid-America Food Distributors LLC have?
- About 19, as reported on its PPP loan.