Spencer Creek Baking Company
How we got $133K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 44% 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 |
|---|---|---|
| SPENCER CREEK BAKING COMPANY this business | $404K | — |
| OKO, LLC Hugo · 15 employees | $8.5M | 1.4 mi |
| Warren CAT Equipment Rentals Hugo | $6.0M | 4.7 mi |
| Warren CAT Equipment Sales, Parts & Service Hugo | $9.0M | 4.7 mi |
| Martin Marietta Aggregates Choctaw County | $6.0M | 10.6 mi |
| Ansley Pulpwood Company Antlers | $3.0M | 16.2 mi |
| McCraw Oil and Propane Antlers | $3.0M | 17.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $581K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $217K |
| Estimate: the two combined (geometric mean) | $404K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $53K |
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 | $133K |
| Multiple for this size and industry | 2.5× |
| Value range | $70K – $181K |
| Revenue range | $266K – $461K |
| EBITDA range | $35K – $60K |
| Industry (NAICS) | Retail Bakeries (311811) |
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
- BankingFirst National 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 Roles are as stated there and may be out of date.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
| First Bank PPP 2020 | All 220 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $10K | 6 |
About Spencer Creek Baking Company
Spencer Creek Baking Company is a retail bakeries company in Hugo, Oklahoma. Its estimated annual revenue is about $404K, with roughly $53K of EBITDA. It has about 6 employees. Its estimated business value is $133K (likely range $70K–$181K).
Common questions
- Who owns Spencer Creek Baking Company?
- The owner of Spencer Creek Baking Company 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 Spencer Creek Baking Company make?
- SeeBITDA estimates Spencer Creek Baking Company's annual revenue at about $404K (likely between $266K and $461K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer Creek Baking Company worth?
- About $133K, roughly 2.5× its estimated EBITDA of $53K, typical for a retail bakeries company its size. Likely range: $70K–$181K.
- How many employees does Spencer Creek Baking Company have?
- About 6, as reported on its PPP loan.