Tri-County Gin
How we got $19.0M
Based on 48 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 |
|---|---|---|
| TRI-COUNTY GIN this business | $38.9M | — |
| FARMERS COOPERATIVE GIN COMPANY Grandfield · 19 employees | $15.3M | 12.0 mi |
| MCCULLOUGH FARM & RANCH LLC Grandfield · 3 employees | $983K | 12.7 mi |
| WOOD FARMS LLC Devol · 7 employees | $2.1M | 16.4 mi |
| L & R FARMS, INC. Frederick · 3 employees | $975K | 18.9 mi |
| PBET LLC Frederick · 3 employees | $609K | 19.2 mi |
| STEWART FAR,S ;;C Frederick · 2 employees | $594K | 19.7 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Industry revenue per employee | $402K |
| Revenue = employees × revenue per employee | $38.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.5M |
| Cross-check: revenue implied by PPP payroll | $6.0M |
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 | $19.0M |
| Multiple for this size and industry | 5.5× |
| Value range | $9.0M – $27.0M |
| Revenue range | $23.0M – $46.1M |
| EBITDA range | $2.0M – $4.1M |
| Industry (NAICS) | Cotton ginning (115111) |
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/10/2020 | first | $83K | 48 |
About Tri-County Gin
Tri-County Gin is a cotton ginning company in Chattanooga, Oklahoma. Its estimated annual revenue is about $38.9M, with roughly $3.5M of EBITDA. It has about 48 employees. Its estimated business value is $19.0M (likely range $9.0M–$27.0M).
Common questions
- Who owns Tri-County Gin?
- The owner of Tri-County Gin 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 Tri-County Gin make?
- SeeBITDA estimates Tri-County Gin's annual revenue at about $38.9M (likely between $23.0M and $46.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tri-County Gin worth?
- About $19.0M, roughly 5.5× its estimated EBITDA of $3.5M, typical for a cotton ginning company its size. Likely range: $9.0M–$27.0M.
- How many employees does Tri-County Gin have?
- About 48, as reported on its PPP loan.