Heartland Feed & Fertilizer LLC
How we got $2.0M
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
▲ 23% 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 |
|---|---|---|
| HEARTLAND FEED & FERTILIZER LLC this business | $12.6M | — |
| SOUTHERN OKLAHOMA LIVESTOCK AUCTION, L L C Ada · 50 employees | $130.2M | 1.9 mi |
| FRONTIER TRADING INC. Ada · 19 employees | $104.7M | 5.6 mi |
| SULPHUR LIVESTOCK MARKET, LLC Sulphur · 1 employees | $6.7M | 24.1 mi |
| RC CATTLE HAULING, LLC Tishomingo · 1 employees | $5.9M | 35.8 mi |
| NOBLE FARM AND BUILDING SUPPLY LLC Noble · 7 employees | $11.1M | 39.6 mi |
| ATOKA LIVESTOCK, LLC Atoka · 20 employees | $40.1M | 44.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.2M |
| Estimate: the two combined (geometric mean) | $12.6M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $566K |
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 | $2.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.1M – $2.8M |
| Revenue range | $8.3M – $14.3M |
| EBITDA range | $372K – $645K |
| Industry (NAICS) | Grain and Field Bean Merchant Wholesalers (424510) |
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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $19K | 4 |
About Heartland Feed & Fertilizer LLC
Heartland Feed & Fertilizer LLC is a grain and field bean merchant wholesalers company in Ada, Oklahoma. Its estimated annual revenue is about $12.6M, with roughly $566K of EBITDA. It has about 4 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Heartland Feed & Fertilizer LLC?
- The owner of Heartland Feed & Fertilizer 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 Feed & Fertilizer LLC make?
- SeeBITDA estimates Heartland Feed & Fertilizer LLC's annual revenue at about $12.6M (likely between $8.3M and $14.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heartland Feed & Fertilizer LLC worth?
- About $2.0M, roughly 3.6× its estimated EBITDA of $566K, typical for a grain and field bean merchant wholesalers company its size. Likely range: $1.1M–$2.8M.
- How many employees does Heartland Feed & Fertilizer LLC have?
- About 4, as reported on its PPP loan.