Savage Equipment Inc
- Melinda HenrySigns company filings · Form 5500 (2020)
How we got $25.7M
Based on its 59 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 37 years (since 1989)
From public records and the company's website, not a statement that it's for sale.
What they do
Savage Equipment designs and manufactures nut-harvesting, cleaning and processing machinery, mainly for pecan growers and processors. It also sells machines built by other manufacturers.
From the company's website. Industry: Farm Machinery and Equipment Manufacturing.
Customers & suppliers
Suppliers & brands
- Flory industries · brand it sells or installs
- Nelson Manufacturing · brand it sells or installs
- Turbo-mist · brand it sells or installs
Estimated value over time
▼ 12% 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
▲ 12% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 59 | $40.2M |
| 2020 | Form 5500 | 51 | $34.7M |
| 2021 | Form 5500 | 65 | $44.2M |
| 2022 | Form 5500 | 64 | $43.6M |
| 2023 | Form 5500 | 65 | $44.2M |
| 2024 | Form 5500 | 61 | $41.5M |
| 2025 | Form 5500 | 66 | $44.9M |
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 |
|---|---|---|
| SAVAGE EQUIPMENT INC this business | $42.6M | — |
| A & W FLOWBACK SOLUTIONS, LLC Madill · 22 employees | $18.4M | 11.0 mi |
| 3C CATTLE FEEDERS INC Mill Creek · 20 employees | $9.4M | 20.5 mi |
| D.W. CUMBIE INC. Ardmore · 1 employees | $538K | 21.5 mi |
| PRONTO STRIPE Marietta · 1 employees | $742K | 21.9 mi |
| GDT MANUFACTURING LLC Ardmore · 1 employees | $754K | 22.9 mi |
| GORILLA BUILT INTERPRISES Sulphur · 2 employees | $1.3M | 29.5 mi |
The full calculation
| Employees reported to the SBA | 59 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $34.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $40.2M |
| Estimate: the two combined (geometric mean) | $42.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $4.4M |
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 | $25.7M |
| Multiple for this size and industry | 5.8× |
| Value range | $13.5M – $35.2M |
| Revenue range | $28.0M – $48.6M |
| EBITDA range | $2.9M – $5.1M |
| Industry (NAICS) | Farm Machinery and Equipment Manufacturing (333111) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Since the 1960’s, Savage Equipment has been honored to serve the nut-growing community by crafting world-class, innovative equipment.”
Advisors
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 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 | $784K | 59 |
| 2/1/2021 | second | $784K | 59 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Savage Equipment Inc
Savage Equipment Inc is a farm machinery and equipment manufacturing company in Madill, Oklahoma, in business since 1989. Its estimated annual revenue is about $42.6M, with roughly $4.4M of EBITDA. It has about 66 employees. Its estimated business value is $25.7M (likely range $13.5M–$35.2M).
Common questions
- Who owns Savage Equipment Inc?
- The owner of Savage Equipment 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 Savage Equipment Inc make?
- SeeBITDA estimates Savage Equipment Inc's annual revenue at about $42.6M (likely between $28.0M and $48.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Savage Equipment Inc worth?
- About $25.7M, roughly 5.8× its estimated EBITDA of $4.4M, typical for a farm machinery and equipment manufacturing company its size. Likely range: $13.5M–$35.2M.
- How many employees does Savage Equipment Inc have?
- About 66, from its 2025 retirement-plan filing.
- When was Savage Equipment Inc founded?
- Savage Equipment Inc has been in business since 1989.