Spencer Feed Ppp Draw 1
How we got $338K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 36% since 2021Today'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 |
|---|---|---|
| SPENCER FEED PPP DRAW 1 this business | $1.0M | — |
| LS CATTLE LLC Lawton · 1 employees | $252K | 2.3 mi |
| SHOWMANS CHOICE LIVESTOCK SUPPLY Lawton · 2 employees | $700K | 5.6 mi |
| APACHE ORDER BUYING LLC Apache · 3 employees | $829K | 22.3 mi |
| NELSON EMBRYO SERVICES LLC Chickasha · 2 employees | $1.3M | 36.0 mi |
| DOUG KLASSEN Blanchard · 1 employees | $398K | 49.2 mi |
| GEARY LIVESTOCK MARKET LLC Binger · 7 employees | $2.1M | 49.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $673K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $135K |
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 | $338K |
| Multiple for this size and industry | 2.5× |
| Value range | $178K – $462K |
| Revenue range | $677K – $1.2M |
| EBITDA range | $89K – $154K |
| Industry (NAICS) | Support Activities for Animal Production (115210) |
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
People & advisors
Advisors
- BankingLiberty National BankPPP / 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 Roles are as stated there and may be out of date.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
| Liberty National Bank PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2021 | first | $21K | 2 |
About Spencer Feed Ppp Draw 1
Spencer Feed Ppp Draw 1 is a support activities for animal production company in Lawton, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $135K of EBITDA. It has about 2 employees. Its estimated business value is $338K (likely range $178K–$462K).
Common questions
- Who owns Spencer Feed Ppp Draw 1?
- The owner of Spencer Feed Ppp Draw 1 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 Spencer Feed Ppp Draw 1 make?
- SeeBITDA estimates Spencer Feed Ppp Draw 1's annual revenue at about $1.0M (likely between $677K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer Feed Ppp Draw 1 worth?
- About $338K, roughly 2.5× its estimated EBITDA of $135K, typical for a support activities for animal production company its size. Likely range: $178K–$462K.
- How many employees does Spencer Feed Ppp Draw 1 have?
- About 2, as reported on its PPP loan.