Red River Farmers Cooperative
- Keith EdgeVice President · Company website
- Kyle WhiteSecretary · Company website
- Jack HicksBoard member · Company website
- Randy CliftonBoard member · Company website
- Emmlie BraggBoard member · Company website
How we got $2.7M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 35% 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
▲ 81% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 16 | $6.5M |
| 2020 | Form 5500 | 10 | $4.1M |
| 2021 | Form 5500 | 9 | $3.7M |
| 2022 | Form 5500 | 7 | $2.8M |
| 2023 | Form 5500 | 9 | $3.7M |
| 2024 | Form 5500 | 13 | $5.3M |
| 2025 | Form 5500 | 29 | $11.8M |
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.
What we know
Signs of a sale Likely to sell
- In business 48 years (since 1978)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Red River Farmers Coop has served member and non-member customers with agriculture supplies, feed, and fertilizer since 1978.
From the company's website. Industry: Lawn and Garden Equipment and Supplies Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RED RIVER FARMERS COOPERATIVE this business | $9.4M | — |
| JAILHOUSE FEED & FARM SUPPLY LLC Valliant · 11 employees | $4.6M | 25.0 mi |
| H & R WORKS INC. Bennington · 5 employees | $2.7M | 26.4 mi |
| THOMPSON FEED, LLC Bokchito · 3 employees | $2.5M | 35.0 mi |
| MODERN GROWING SOLUTIONS LLC Atoka · 1 employees | $791K | 39.0 mi |
| MORRIS FEED LLC Atoka · 1 employees | $581K | 40.8 mi |
| Bryan Agri Products Durant | $2.4M | 48.2 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.7M |
| Estimate: the two combined (geometric mean) | $9.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $901K |
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 | $2.7M |
| Multiple for this size and industry | 3× |
| Value range | $1.4M – $3.7M |
| Revenue range | $6.2M – $10.7M |
| EBITDA range | $593K – $1.0M |
| Industry (NAICS) | Lawn and Garden Equipment and Supplies Retailers (444220) |
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
- 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 |
|---|---|---|---|
| 4/9/2020 | first | $113K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Red River Farmers Cooperative
Red River Farmers Cooperative is a lawn and garden equipment and supplies retailers company in Hugo, Oklahoma, in business since 1978. It is owned by Beckie Morris (President). Its estimated annual revenue is about $9.4M, with roughly $901K of EBITDA. It has about 29 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Red River Farmers Cooperative?
- Red River Farmers Cooperative is owned by Beckie Morris (President), according to public sources such as the company's website or filings.
- How much revenue does Red River Farmers Cooperative make?
- SeeBITDA estimates Red River Farmers Cooperative's annual revenue at about $9.4M (likely between $6.2M and $10.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red River Farmers Cooperative worth?
- About $2.7M, roughly 3× its estimated EBITDA of $901K, typical for a lawn and garden equipment and supplies retailers company its size. Likely range: $1.4M–$3.7M.
- How many employees does Red River Farmers Cooperative have?
- About 29, from its 2025 retirement-plan filing.
- When was Red River Farmers Cooperative founded?
- Red River Farmers Cooperative has been in business since 1978.
- Is Red River Farmers Cooperative for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 48 years (since 1978); no family successor named on its website.