The Herald-Democrat
How we got $260K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THE HERALD-DEMOCRAT this business | $377K | — |
| EL-CO Drive In Shattuck | $1.7M | 51.0 mi |
| EL-Co Drive-In Shattuck | $1.7M | 51.1 mi |
| Ellis County Star Arnett | $1.8M | 62.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $233K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $469K |
| Estimate: the two combined (geometric mean) | $377K |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $104K |
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 | $260K |
| Multiple for this size and industry | 2.5× |
| Value range | $137K – $356K |
| Revenue range | $248K – $430K |
| EBITDA range | $68K – $119K |
| Industry (NAICS) | Information (511110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingThe Bank of Beaver CityPPP / 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 Roles are as stated there and may be out of date.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
| The Bank of Beaver City PPP 2020 | All 54 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $13K | 1 |
About The Herald-Democrat
The Herald-Democrat is an information company in Beaver, Oklahoma. Its estimated annual revenue is about $377K, with roughly $104K of EBITDA. It has about 1 employees. Its estimated business value is $260K (likely range $137K–$356K).
Common questions
- Who owns The Herald-Democrat?
- The owner of The Herald-Democrat 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 The Herald-Democrat make?
- SeeBITDA estimates The Herald-Democrat's annual revenue at about $377K (likely between $248K and $430K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Herald-Democrat worth?
- About $260K, roughly 2.5× its estimated EBITDA of $104K, typical for a information company its size. Likely range: $137K–$356K.
- How many employees does The Herald-Democrat have?
- About 1, as reported on its PPP loan.