Heap Farms LLC
How we got $392K
Based on its 4 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 |
|---|---|---|
| HEAP FARMS LLC this business | $1.0M | — |
| 5-M FARMS LLC Frederick · 2 employees | $847K | 0.7 mi |
| GOODKNIGHT FARMS Chattanooga · 4 employees | $1.6M | 12.2 mi |
| BRADLEY FARMS, INC Olustee · 2 employees | $701K | 26.7 mi |
| CNK FARMS Altus · 2 employees | $1.1M | 27.1 mi |
| BASSEL FARMS, LLC Altus · 5 employees | $1.6M | 28.6 mi |
| FELTY FARMS INC. Altus · 3 employees | $1.0M | 28.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $594K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $157K |
Brought up to date: prices are 26% higher than in the benchmark's year and Oklahoma employment in this industry has grown 5% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $392K |
| Multiple for this size and industry | 2.5× |
| Value range | $235K – $612K |
| Revenue range | $762K – $1.3M |
| EBITDA range | $118K – $204K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111140) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/28/2020 | first | $11K | 4 |
| 4/3/2021 | second | $11K | 4 |
About Heap Farms LLC
Heap Farms LLC is an agriculture, forestry, fishing company in Frederick, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $157K of EBITDA. It has about 4 employees. Its estimated business value is $392K (likely range $235K–$612K).
Common questions
- Who owns Heap Farms LLC?
- The owner of Heap Farms LLC 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 Heap Farms LLC make?
- SeeBITDA estimates Heap Farms LLC's annual revenue at about $1.0M (likely between $762K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heap Farms LLC worth?
- About $392K, roughly 2.5× its estimated EBITDA of $157K, typical for a agriculture, forestry, fishing company its size. Likely range: $235K–$612K.
- How many employees does Heap Farms LLC have?
- About 4, as reported on its PPP loan.