Freeman Feedlot, Inc.
How we got $3.6M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| FREEMAN FEEDLOT, INC. this business | $7.6M | — |
| GEORGE MCDANIEL INC. Texhoma · 2 employees | $1.3M | 0.4 mi |
| RUSSELL FAMILY PARTNERSHIP Texhoma · 4 employees | $2.3M | 0.5 mi |
| IRVIN CLARK FARMS, INC Texhoma · 6 employees | $1.6M | 0.5 mi |
| SKELTON BEEF CO LLC Texhoma · 1 employees | $993K | 0.6 mi |
| LAST REZORT LAND AND CATTLE LLC Texhoma · 1 employees | $450K | 0.6 mi |
| FRANK BERRY & SONS, INC Texhoma · 6 employees | $2.0M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.9M |
| Estimate: the two combined (geometric mean) | $7.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $937K |
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 | $3.6M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.9M – $4.9M |
| Revenue range | $5.0M – $8.6M |
| EBITDA range | $616K – $1.1M |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112111) |
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: approximate sector default. 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
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020, PPP 2021 | All 585 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 | $135K | 16 |
| 3/8/2021 | second | $135K | 16 |
About Freeman Feedlot, Inc.
Freeman Feedlot, Inc. is an agriculture, forestry, fishing company in Texhoma, Oklahoma. Its estimated annual revenue is about $7.6M, with roughly $937K of EBITDA. It has about 16 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).
Common questions
- Who owns Freeman Feedlot, Inc.?
- The owner of Freeman Feedlot, 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 Freeman Feedlot, Inc. make?
- SeeBITDA estimates Freeman Feedlot, Inc.'s annual revenue at about $7.6M (likely between $5.0M and $8.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freeman Feedlot, Inc. worth?
- About $3.6M, roughly 3.8× its estimated EBITDA of $937K, typical for a agriculture, forestry, fishing company its size. Likely range: $1.9M–$4.9M.
- How many employees does Freeman Feedlot, Inc. have?
- About 16, as reported on its PPP loan.