Standridge Equipment Co Inc
How we got $14.1M
Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 34% 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
▼ 26% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 42 | $34.2M |
| 2020 | Form 5500 | 34 | $27.7M |
| 2021 | Form 5500 | 31 | $25.2M |
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 |
|---|---|---|
| STANDRIDGE EQUIPMENT CO INC this business | $39.7M | — |
| AG SOLUTIONS INTERMEDIATE CORP Chickasha | $282.7M | 1.4 mi |
| BOB LOWE FARM MACHINERY, INC. Chickasha · 20 employees | $15.9M | 2.3 mi |
| LIVINGSTON MACHINERY COMPANY Chickasha · 115 employees | $137.1M | 4.4 mi |
| CDY FARMS LLC Blanchard · 1 employees | $1.1M | 12.7 mi |
| MCCONATHY SPECIALTY AND SUPPLY Blanchard · 2 employees | $2.3M | 20.7 mi |
| H&H OILFIELD SUPPLY INC. Tuttle · 1 employees | $1.5M | 21.6 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $38.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.4M |
| Estimate: the two combined (geometric mean) | $39.7M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.7M |
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 | $14.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $7.4M – $19.3M |
| Revenue range | $26.1M – $45.2M |
| EBITDA range | $1.8M – $3.1M |
| Industry (NAICS) | Farm and Garden Machinery and Equipment Merchant Wholesalers (423820) |
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
People & advisors
Leadership
- LALinda AdamsSigned for the company · 2021 retirement-plan filing (Form 5500)
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 2020, 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 |
|---|---|---|---|
| 4/7/2020 | first | $427K | 42 |
| 1/30/2021 | second | $450K | 42 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Standridge Equipment Co Inc
Standridge Equipment Co Inc is a farm and garden machinery and equipment merchant wholesalers company in Chickasha, Oklahoma. It is owned by Jerry Standridge. Its estimated annual revenue is about $39.7M, with roughly $2.7M of EBITDA. It has about 31 employees. Its estimated business value is $14.1M (likely range $7.4M–$19.3M).
Common questions
- Who owns Standridge Equipment Co Inc?
- Standridge Equipment Co Inc is owned by Jerry Standridge, according to public sources such as the company's website or filings.
- How much revenue does Standridge Equipment Co Inc make?
- SeeBITDA estimates Standridge Equipment Co Inc's annual revenue at about $39.7M (likely between $26.1M and $45.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Standridge Equipment Co Inc worth?
- About $14.1M, roughly 5.2× its estimated EBITDA of $2.7M, typical for a farm and garden machinery and equipment merchant wholesalers company its size. Likely range: $7.4M–$19.3M.
- How many employees does Standridge Equipment Co Inc have?
- About 31, from its 2021 retirement-plan filing.