Mike Sherel Farms LLC
How we got $563K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| MIKE SHEREL FARMS LLC this business | $1.3M | — |
| PAT SHERLE FARMS LLC Hobart · 3 employees | $1.9M | 1.0 mi |
| BLUE BARN FARMS LLC Hobart · 1 employees | $993K | 2.3 mi |
| GREGORY L PFENNING INC Hobart · 1 employees | $461K | 6.9 mi |
| KP PROPERTIES Sentinel · 2 employees | $2.0M | 16.8 mi |
| HOLSTED FARMS LLC Mountain View · 4 employees | $2.6M | 18.5 mi |
| C.A. WARREN JOINT VENTURE Willow · 3 employees | $1.7M | 24.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $225K |
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 | $563K |
| Multiple for this size and industry | 2.5× |
| Value range | $296K – $770K |
| Revenue range | $868K – $1.5M |
| EBITDA range | $148K – $257K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111199) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/28/2020 | first | $18K | 2 |
About Mike Sherel Farms LLC
Mike Sherel Farms LLC is an agriculture, forestry, fishing company in Hobart, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $225K of EBITDA. It has about 2 employees. Its estimated business value is $563K (likely range $296K–$770K).
Common questions
- Who owns Mike Sherel Farms LLC?
- The owner of Mike Sherel Farms LLC 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 Mike Sherel Farms LLC make?
- SeeBITDA estimates Mike Sherel Farms LLC's annual revenue at about $1.3M (likely between $868K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mike Sherel Farms LLC worth?
- About $563K, roughly 2.5× its estimated EBITDA of $225K, typical for a agriculture, forestry, fishing company its size. Likely range: $296K–$770K.
- How many employees does Mike Sherel Farms LLC have?
- About 2, as reported on its PPP loan.