Thurman Harvesting Inc.
How we got $535K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 42% 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 |
|---|---|---|
| THURMAN HARVESTING INC. this business | $1.8M | — |
| BT HARVESTING, LLC Capron · 3 employees | $1.6M | 8.6 mi |
| Show Time Supply Alva | $2.6M | 9.1 mi |
| KRAFT SPRAYING LLC Burlington · 1 employees | $625K | 9.6 mi |
| Ruma-Lic Liquid Feed Alva | $2.6M | 16.3 mi |
| STEGGS AERIAL SPRAYING, INC. Alva · 6 employees | $3.8M | 18.0 mi |
| WILBER FERTILIZER SERVICE, LLC. Cherokee · 5 employees | $2.4M | 18.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $108K |
| Revenue = employees × revenue per employee | $1.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $214K |
| Cross-check: revenue implied by PPP payroll | $492K |
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 | $535K |
| Multiple for this size and industry | 2.5× |
| Value range | $253K – $759K |
| Revenue range | $1.1M – $2.1M |
| EBITDA range | $127K – $253K |
| Industry (NAICS) | Crop Harvesting, Primarily by Machine (115113) |
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. 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
- BankingCommunity 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 Roles are as stated there and may be out of date.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
| Community Bank PPP 2020, PPP 2021 | All 95 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $14K | 3 |
| 1/27/2021 | second | $19K | 2 |
About Thurman Harvesting Inc.
Thurman Harvesting Inc. is a crop harvesting, primarily by machine company in Burlington, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $214K of EBITDA. It has about 3 employees. Its estimated business value is $535K (likely range $253K–$759K).
Common questions
- Who owns Thurman Harvesting Inc.?
- The owner of Thurman Harvesting 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 Thurman Harvesting Inc. make?
- SeeBITDA estimates Thurman Harvesting Inc.'s annual revenue at about $1.8M (likely between $1.1M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thurman Harvesting Inc. worth?
- About $535K, roughly 2.5× its estimated EBITDA of $214K, typical for a crop harvesting, primarily by machine company its size. Likely range: $253K–$759K.
- How many employees does Thurman Harvesting Inc. have?
- About 3, as reported on its PPP loan.