Heartland Auction Company LLC
How we got $1.5M
Based on 4 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| HEARTLAND AUCTION COMPANY LLC this business | $1.8M | — |
| VIGIL PROPERTY MGMT Glencoe · 1 employees | $670K | 13.7 mi |
| G&g Ministorage Cleveland | $928K | 16.2 mi |
| Hominy RV and Boat Storage Park Hominy | $928K | 20.5 mi |
| STILLWATER REALTY UNLIMITED INC. Stillwater · 8 employees | $1.7M | 20.6 mi |
| Public Storage Stillwater | $928K | 21.4 mi |
| PATRIOT STORAGE, L.L.C. Stillwater | $928K | 21.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $514K |
| Revenue = employees × revenue per employee | $1.8M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $511K |
| Cross-check: revenue implied by PPP payroll | $131K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 4% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $858K – $2.6M |
| Revenue range | $1.2M – $2.5M |
| EBITDA range | $357K – $715K |
| Industry (NAICS) | Lessors of Miniwarehouses and Self-Storage Units (531130) |
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, OK. 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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2021 | first | $2K | 4 |
About Heartland Auction Company LLC
Heartland Auction Company LLC is a lessors of miniwarehouses and self-storage units company in Pawnee, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $511K of EBITDA. It has about 4 employees. Its estimated business value is $1.5M (likely range $858K–$2.6M).
Common questions
- Who owns Heartland Auction Company LLC?
- The owner of Heartland Auction Company 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 Heartland Auction Company LLC make?
- SeeBITDA estimates Heartland Auction Company LLC's annual revenue at about $1.8M (likely between $1.2M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heartland Auction Company LLC worth?
- About $1.5M, roughly 3× its estimated EBITDA of $511K, typical for a lessors of miniwarehouses and self-storage units company its size. Likely range: $858K–$2.6M.
- How many employees does Heartland Auction Company LLC have?
- About 4, as reported on its PPP loan.