J&j Farms
How we got $2.1M
Based on its 9 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.
Employees over time
▲ 200% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $2.3M |
| 2020 | Form 5500 | 12 | $3.0M |
| 2021 | Form 5500 | 12 | $3.0M |
| 2022 | Form 5500 | 17 | $4.3M |
| 2023 | Form 5500 | 18 | $4.5M |
| 2024 | Form 5500 | 18 | $4.5M |
| 2025 | Form 5500 | 27 | $6.8M |
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 |
|---|---|---|
| J&J FARMS this business | $3.5M | — |
| HULING FARMS, INC. Forgan · 1 employees | $640K | 0.2 mi |
| TAYLOR TAYLOR AND TAYLOR, GP Forgan · 3 employees | $2.1M | 0.2 mi |
| WATSON FARMS INC. Forgan · 4 employees | $2.6M | 0.3 mi |
| TAYLOR TAYLOR TAYLOR Forgan · 3 employees | $2.1M | 0.4 mi |
| ISAACS FARMS, L.L.C. Turpin · 3 employees | $2.0M | 17.5 mi |
| RICHARD ISAACS FARMS, LLC Turpin · 4 employees | $2.2M | 17.7 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $543K |
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 | $2.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $358K – $620K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111140) |
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
- BankingSNB 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
| SNB Bank, National Association PPP 2020 | All 56 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $49K | 9 |
About J&j Farms
J&j Farms is an agriculture, forestry, fishing company in Forgan, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $543K of EBITDA. It has about 27 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.8M).
Common questions
- Who owns J&j Farms?
- The owner of J&j Farms 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 J&j Farms make?
- SeeBITDA estimates J&j Farms's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J&j Farms worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $543K, typical for a agriculture, forestry, fishing company its size. Likely range: $1.1M–$2.8M.
- How many employees does J&j Farms have?
- About 27, from its 2025 retirement-plan filing.