G. F. Lundgrin Farms Inc
How we got $1.9M
Based on its 12 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 25% since 2021Today'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 |
|---|---|---|
| G. F. LUNDGRIN FARMS INC this business | $3.3M | — |
| FISCHER FARM AND LIVESTOCK INC. Optima · 4 employees | $2.6M | 0.4 mi |
| WIEBE FARMS, INC. Hooker · 3 employees | $1.9M | 0.4 mi |
| LONG BROTHERS, INC Hooker · 1 employees | $864K | 0.5 mi |
| LONG FARMS INC Hooker · 1 employees | $950K | 0.5 mi |
| LONG FAMILY FARMS PARTNERSHIP Hooker · 2 employees | $1.0M | 0.5 mi |
| FISCHER AND FISCHER Hooker · 7 employees | $3.0M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $509K |
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 | $1.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $335K – $580K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111150) |
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: 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
- BankingPanhandle First 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 Roles are as stated there and may be out of date.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
| Panhandle First Bank PPP 2021 | All 123 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/27/2021 | first | $34K | 12 |
About G. F. Lundgrin Farms Inc
G. F. Lundgrin Farms Inc is an agriculture, forestry, fishing company in Hooker, Oklahoma. Its estimated annual revenue is about $3.3M, with roughly $509K of EBITDA. It has about 12 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns G. F. Lundgrin Farms Inc?
- The owner of G. F. Lundgrin Farms 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 G. F. Lundgrin Farms Inc make?
- SeeBITDA estimates G. F. Lundgrin Farms Inc's annual revenue at about $3.3M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is G. F. Lundgrin Farms Inc worth?
- About $1.9M, roughly 3.8× its estimated EBITDA of $509K, typical for a agriculture, forestry, fishing company its size. Likely range: $1.0M–$2.6M.
- How many employees does G. F. Lundgrin Farms Inc have?
- About 12, as reported on its PPP loan.