Nix Family Farms, Inc.
How we got $947K
Based on its 5 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 |
|---|---|---|
| NIX FAMILY FARMS, INC. this business | $2.0M | — |
| ALVIN ROBERTS Sasakwa · 1 employees | $975K | 7.2 mi |
| MANSION FARMS, INC Calvin · 6 employees | $1.6M | 8.9 mi |
| PANTHER CREEK PORK, INC Calvin · 3 employees | $1.2M | 8.9 mi |
| RVR INC Holdenville · 2 employees | $1.9M | 9.7 mi |
| G&R CALVIN FARMS INC Stuart · 7 employees | $2.7M | 13.0 mi |
| GHB FARMS, INC Holdenville · 17 employees | $6.3M | 14.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $316K |
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 | $947K |
| Multiple for this size and industry | 3× |
| Value range | $498K – $1.3M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $208K – $360K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112111) |
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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $30K | 5 |
About Nix Family Farms, Inc.
Nix Family Farms, Inc. is an agriculture, forestry, fishing company in Allen, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $316K of EBITDA. It has about 5 employees. Its estimated business value is $947K (likely range $498K–$1.3M).
Common questions
- Who owns Nix Family Farms, Inc.?
- The owner of Nix Family Farms, 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 Nix Family Farms, Inc. make?
- SeeBITDA estimates Nix Family Farms, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nix Family Farms, Inc. worth?
- About $947K, roughly 3× its estimated EBITDA of $316K, typical for a agriculture, forestry, fishing company its size. Likely range: $498K–$1.3M.
- How many employees does Nix Family Farms, Inc. have?
- About 5, as reported on its PPP loan.