John Lingle Farms, Inc
How we got $2.3M
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 2% 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 |
|---|---|---|
| JOHN LINGLE FARMS, INC this business | $2.9M | — |
| Town & Country Bowling Altus | $793K | 0.4 mi |
| Town & Country Lanes Altus | $793K | 0.5 mi |
| Altus Parks and Recreation Department Altus | $793K | 0.7 mi |
| City of Altus Gym Altus | $793K | 0.7 mi |
| Red River Music Hall Altus | $1.4M | 0.8 mi |
| Jackson County Expo Center Altus | $1.4M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $266K |
| Revenue = employees × revenue per employee | $2.9M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $668K |
| Cross-check: revenue implied by PPP payroll | $509K |
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 | $2.3M |
| Multiple for this size and industry | 3.4× |
| Value range | $1.1M – $3.2M |
| Revenue range | $1.7M – $3.4M |
| EBITDA range | $395K – $791K |
| Industry (NAICS) | Racetracks (711212) |
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. 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
- BankingShamrock 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 Roles are as stated there and may be out of date.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
| Shamrock Bank, National Association PPP 2020 | All 130 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $10K | 4 |
About John Lingle Farms, Inc
John Lingle Farms, Inc is a racetracks company in Altus, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $668K of EBITDA. It has about 4 employees. Its estimated business value is $2.3M (likely range $1.1M–$3.2M).
Common questions
- Who owns John Lingle Farms, Inc?
- The owner of John Lingle 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 John Lingle Farms, Inc make?
- SeeBITDA estimates John Lingle Farms, Inc's annual revenue at about $2.9M (likely between $1.7M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is John Lingle Farms, Inc worth?
- About $2.3M, roughly 3.4× its estimated EBITDA of $668K, typical for a racetracks company its size. Likely range: $1.1M–$3.2M.
- How many employees does John Lingle Farms, Inc have?
- About 4, as reported on its PPP loan.