Great Plains Cooperative
How we got $5.6M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 46% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 35% 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.
Employees over time
▼ 39% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $9.4M |
| 2020 | Form 5500 | 26 | $10.6M |
| 2021 | Form 5500 | 19 | $7.7M |
| 2022 | Form 5500 | 14 | $5.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GREAT PLAINS COOPERATIVE this business | $17.6M | — |
| PLANTS-A-PLENTY INC. Enid · 18 employees | $9.6M | 13.1 mi |
| L&L MORRIS ENTERPRISES INC Fairview · 2 employees | $692K | 21.9 mi |
| FAIRVIEW FARM AND RANCH, LLC. Fairview · 2 employees | $1.3M | 22.5 mi |
| MARTHA FAYE CORP. Hennessey · 4 employees | $3.3M | 25.2 mi |
| KRETCHMAR DISTRIBUTING INC Medford · 9 employees | $6.7M | 31.9 mi |
| M & D WHOLESALE AUTO, INC. Canton · 13 employees | $5.5M | 35.5 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.8M |
| Estimate: the two combined (geometric mean) | $17.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.6M |
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 | $5.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.0M – $7.7M |
| Revenue range | $11.6M – $20.1M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Lawn and Garden Equipment and Supplies Retailers (444220) |
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
- BankingCleo State 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
| Cleo State Bank PPP 2020, PPP 2021 | All 37 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $263K | 23 |
| 2/7/2021 | second | $317K | 21 |
About Great Plains Cooperative
Great Plains Cooperative is a lawn and garden equipment and supplies retailers company in Lahoma, Oklahoma. Its estimated annual revenue is about $17.6M, with roughly $1.6M of EBITDA. It has about 14 employees. Its estimated business value is $5.6M (likely range $3.0M–$7.7M).
Common questions
- Who owns Great Plains Cooperative?
- The owner of Great Plains Cooperative 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 Great Plains Cooperative make?
- SeeBITDA estimates Great Plains Cooperative's annual revenue at about $17.6M (likely between $11.6M and $20.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Great Plains Cooperative worth?
- About $5.6M, roughly 3.6× its estimated EBITDA of $1.6M, typical for a lawn and garden equipment and supplies retailers company its size. Likely range: $3.0M–$7.7M.
- How many employees does Great Plains Cooperative have?
- About 14, from its 2022 retirement-plan filing.