Higgins Farms LLC
How we got $890K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HIGGINS FARMS LLC this business | $1.9M | — |
| WILLIAM L HAAR Keyes · 3 employees | $2.3M | 0.4 mi |
| TIGINC Keyes · 3 employees | $1.5M | 0.7 mi |
| ADAMS FAMILY FARMING Keyes · 1 employees | $993K | 0.9 mi |
| FLANAGAN LAND & CATTLE INC Texhoma · 1 employees | $640K | 19.6 mi |
| L JACK FLANAGAN AND ROSELLA L FLANAGAN TRUST Texhoma · 1 employees | $357K | 19.6 mi |
| LAST REZORT LAND AND CATTLE LLC Texhoma · 1 employees | $450K | 19.8 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $297K |
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 | $890K |
| Multiple for this size and industry | 3× |
| Value range | $469K – $1.2M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $195K – $338K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112111) |
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
History & advisors
Advisors
- BankingDream First Bank National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Dream First Bank National Association PPP 2020 | All 21 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $26K | 3 |
About Higgins Farms LLC
Higgins Farms LLC is an agriculture, forestry, fishing company in Keyes, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $297K of EBITDA. It has about 3 employees. Its estimated business value is $890K (likely range $469K–$1.2M).
Common questions
- Who owns Higgins Farms LLC?
- The owner of Higgins 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 Higgins Farms LLC make?
- SeeBITDA estimates Higgins Farms LLC's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Higgins Farms LLC worth?
- About $890K, roughly 3× its estimated EBITDA of $297K, typical for a agriculture, forestry, fishing company its size. Likely range: $469K–$1.2M.
- How many employees does Higgins Farms LLC have?
- About 3, as reported on its PPP loan.