J-M Farms, Inc
How we got $53.8M
Based on its 170 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 40 years (since 1986)
From public records and the company's website, not a statement that it's for sale.
What they do
J-M Farms, Inc. is a mushroom grower in Miami, Oklahoma, founded in 1979, that produces and sells mushrooms and shares mushroom recipes and cooking information. The pages do not name specific customer types or areas beyond its Miami community.
From the company's website. Industry: Agriculture, Forestry, Fishing.
Customers & suppliers
Customers
- Associated Wholesale Grocers · named on its website
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 |
|---|---|---|
| J-M FARMS, INC this business | $82.0M | — |
| J-M FARMS HOLDING, LLC Miami | $76.3M | 2.6 mi |
| N2N GROUP HOLDINGS LLC Vinita · 23 employees | $10.4M | 29.9 mi |
| GROUND ZERO FARMS, LLC Watts · 5 employees | $1.7M | 55.7 mi |
| DAVE F GENSKE Claremore · 1 employees | $437K | 56.7 mi |
The full calculation
| Employees reported to the SBA | 170 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $62.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $82.8M |
| Estimate: the two combined (geometric mean) | $82.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $8.3M |
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 | $53.8M |
| Multiple for this size and industry | 6.5× |
| Value range | $28.3M – $73.6M |
| Revenue range | $53.9M – $93.5M |
| EBITDA range | $5.4M – $9.4M |
| Industry (NAICS) | Agriculture, Forestry, Fishing (111998) |
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
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.8M | 170 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About J-M Farms, Inc
J-M Farms, Inc is an agriculture, forestry, fishing company in Miami, Oklahoma, in business since 1986. Its estimated annual revenue is about $82.0M, with roughly $8.3M of EBITDA. It has about 170 employees. Its estimated business value is $53.8M (likely range $28.3M–$73.6M).
Common questions
- Who owns J-M Farms, Inc?
- The owner of J-M Farms, Inc 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-M Farms, Inc make?
- SeeBITDA estimates J-M Farms, Inc's annual revenue at about $82.0M (likely between $53.9M and $93.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J-M Farms, Inc worth?
- About $53.8M, roughly 6.5× its estimated EBITDA of $8.3M, typical for a agriculture, forestry, fishing company its size. Likely range: $28.3M–$73.6M.
- How many employees does J-M Farms, Inc have?
- About 170, as reported on its PPP loan.
- When was J-M Farms, Inc founded?
- J-M Farms, Inc has been in business since 1986.