Mike Albert Testimentary Trust
How we got $506K
Based on its 2 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MIKE ALBERT TESTIMENTARY TRUST this business | $1.2M | — |
| BERNIE SMITH FARMING INC. Gate · 2 employees | $1.1M | 0.3 mi |
| LONG RANCH LP Gate · 2 employees | $1.4M | 0.6 mi |
| GRAVES FARMS LLC Gate · 4 employees | $2.9M | 0.6 mi |
| GLENN MILLER Gate · 1 employees | $640K | 6.7 mi |
| ANCHOR RANCH LLC Gate · 2 employees | $1.4M | 8.6 mi |
| WOLF LINE CATTLE COMPANY LLC Gate · 3 employees | $2.0M | 8.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $203K |
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 | $506K |
| Multiple for this size and industry | 2.5× |
| Value range | $267K – $693K |
| Revenue range | $781K – $1.4M |
| EBITDA range | $133K – $231K |
| Industry (NAICS) | Agriculture, Forestry, Fishing (112130) |
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
- BankingThe Bank of Beaver CityPPP / 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 Roles are as stated there and may be out of date.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
| The Bank of Beaver City PPP 2020 | All 54 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $15K | 2 |
About Mike Albert Testimentary Trust
Mike Albert Testimentary Trust is an agriculture, forestry, fishing company in Gate, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $203K of EBITDA. It has about 2 employees. Its estimated business value is $506K (likely range $267K–$693K).
Common questions
- Who owns Mike Albert Testimentary Trust?
- The owner of Mike Albert Testimentary Trust 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 Mike Albert Testimentary Trust make?
- SeeBITDA estimates Mike Albert Testimentary Trust's annual revenue at about $1.2M (likely between $781K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mike Albert Testimentary Trust worth?
- About $506K, roughly 2.5× its estimated EBITDA of $203K, typical for a agriculture, forestry, fishing company its size. Likely range: $267K–$693K.
- How many employees does Mike Albert Testimentary Trust have?
- About 2, as reported on its PPP loan.