Stockman's Milling, Inc
- Tommy ChallacombeFounder · Company website
How we got $2.2M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Stockman's Milling, Inc. is a Frederick, OK business whose site lists bulk commodities, mixed feed, and seed. The homepage shows only navigation and contact details, so little else is stated.
From the company's website. Industry: Other Animal Food Manufacturing.
Estimated value over time
▲ 56% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STOCKMAN'S MILLING, INC this business | $7.1M | — |
| United Ag & Turf Frederick | $15.1M | 2.8 mi |
| Western Steel Indiahoma | $3.0M | 22.1 mi |
| SS MetalWorks Altus | $3.0M | 23.7 mi |
| Quartz Mountain Wines Altus | $3.5M | 24.0 mi |
| LIFE IS A BATCH, LLC Altus · 5 employees | $1.1M | 24.3 mi |
| Vintage Revival Altus | $3.0M | 24.5 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $7.1M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $581K |
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 | $2.2M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.0M |
| Revenue range | $4.7M – $8.1M |
| EBITDA range | $382K – $662K |
| Industry (NAICS) | Other Animal Food Manufacturing (311119) |
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
“In 2023, operations were passed onto the next generation of Challacombes.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $54K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Stockman's Milling, Inc
Stockman's Milling, Inc is a family-owned other animal food manufacturing company in Frederick, Oklahoma, in business since 2010. It is owned by Jonrob Challacombe Feed. Its estimated annual revenue is about $7.1M, with roughly $581K of EBITDA. It has about 7 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).
Common questions
- Who owns Stockman's Milling, Inc?
- Stockman's Milling, Inc is owned by Jonrob Challacombe Feed, according to public sources such as the company's website or filings.
- How much revenue does Stockman's Milling, Inc make?
- SeeBITDA estimates Stockman's Milling, Inc's annual revenue at about $7.1M (likely between $4.7M and $8.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stockman's Milling, Inc worth?
- About $2.2M, roughly 3.8× its estimated EBITDA of $581K, typical for a other animal food manufacturing company its size. Likely range: $1.2M–$3.0M.
- How many employees does Stockman's Milling, Inc have?
- About 7, as reported on its PPP loan.
- When was Stockman's Milling, Inc founded?
- Stockman's Milling, Inc has been in business since 2010.