SeeBITDAOklahoma

Sooner Cooperative Inc

Farm Product Warehousing and Storage
Company websitesoonercoop.comFind on LinkedInSearch LinkedIn for this company
Estimated valueMedium confidence
$6.8M
$3.6Mlikely range$9.3M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$15.4M
a year
Profit (EBITDA)
$1.5M
10% of revenue
Employees
32
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $6.8M

Based on its 32 employees and its payroll, both reported for PPP in 2020 and brought up to date.

32 employees × $347K each$11.1M
PPP payroll ÷ payroll's usual share of revenue$16.5M
Shown toward the top of its range×1.14
Revenue$15.4M
× 10% profit margin$1.5M
× 4.5 sale multiple = value$6.8M

· Own this business? Correct these figures

Estimated value over time

▲ 99% since 2020
$0$3.9M$7.8M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 106 years (since 1920)

From public records and the company's website, not a statement that it's for sale.

What they do

Sooner Plains Ag is a farm cooperative in Okeene, Oklahoma that provides grain contracting, agronomy, fertilizer, farm supply, fuel and grain storage to farmers and producers in Northwest Oklahoma.

Products & services
Precision ag equipmentFertilizer serviceFarm supply24-hour fuelSoil Testing- Grid Sampling, Composite Sampling10-20-10(50lb Bag)13-13-13(50lb Bag)46-0-0(50lb Bag)WheatCornMiloCanola
Markets served
AgricultureFarmersProducers
Service area
Okeene, OklahomaNorthwest OklahomaLahomaLoyalFairviewHitchcockRingwoodMeno

From the company's website. Industry: Farm Product Warehousing and Storage.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Farms & ranches

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
SOONER COOPERATIVE INC
this business
$15.4M$1.5M—
BISON COOPERATIVE ASSOCIATION
Bison · 9 employees
$4.7M$491K24.3 mi
LAND RUN FARMERS COOPERATIVE
Waukomis · 16 employees
$6.6M$695K26.0 mi
FARMERS EXCHANGE
Helena · 10 employees
$4.8M$509K29.6 mi
FARMERS COOPERATIVE
Carmen · 40 employees
$20.8M$2.0M32.9 mi
ENTERPRISE GRAIN COMPANY, LLC
Kremlin · 9 employees
$4.3M$518K40.0 mi
SCHROEDER GRAIN COMPANY
El Reno · 6 employees
$2.4M$288K45.2 mi

The full calculation

Employees reported to the SBA32
Revenue from headcount (employees × revenue per employee for companies this size)$11.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$16.5M
Estimate: the two combined (geometric mean)$15.4M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$1.5M

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$6.8M
Multiple for this size and industry4.5×
Value range$3.6M – $9.3M
Revenue range$10.1M – $17.6M
EBITDA range$992K – $1.7M
Industry (NAICS)Farm Product Warehousing and Storage (493130)

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

Founded 1920
“Our story begins in 1920 in Okeene, Oklahoma.”

Advisors

  • BankingAlva State Bank & Trust Company, BancCentral, National AssociationPPP / 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

Alva State Bank & Trust Company
PPP 2020
All 172 borrowers →
BancCentral, National Association
PPP 2021
All 152 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/27/2020first$378K$381K31Alva State Bank & Trust Company
1/31/2021second$369K$370K32BancCentral, National Association

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Sooner Cooperative Inc

Sooner Cooperative Inc is a farm product warehousing and storage company in Okeene, Oklahoma, in business since 1920. Its estimated annual revenue is about $15.4M, with roughly $1.5M of EBITDA. It has about 32 employees. Its estimated business value is $6.8M (likely range $3.6M–$9.3M).

Common questions

Who owns Sooner Cooperative Inc?
The owner of Sooner Cooperative 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 Sooner Cooperative Inc make?
SeeBITDA estimates Sooner Cooperative Inc's annual revenue at about $15.4M (likely between $10.1M and $17.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Sooner Cooperative Inc worth?
About $6.8M, roughly 4.5× its estimated EBITDA of $1.5M, typical for a farm product warehousing and storage company its size. Likely range: $3.6M–$9.3M.
How many employees does Sooner Cooperative Inc have?
About 32, as reported on its PPP loan.
When was Sooner Cooperative Inc founded?
Sooner Cooperative Inc has been in business since 1920.