Associates Insurance Services Inc
How we got $507K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Associates Insurance Services Inc provides manufactured home insurance, offering quotes and service to home owners, mortgage brokers and manufactured home dealers.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SHANNON HOMES, LTD LLC · Colcord, 10 mi · $47.7M
- RHKM MANAGEMENT LLC · Tulsa, 61 mi · $33.1M
- FIRSTITLE & ABSTRACT SERVICES, LLC · Broken Arrow, 59 mi · $31.4M
- SMITH BROTHERS ABSTRACT & TITLE CO, LLC · Broken Arrow, 60 mi · $30.8M
- SPRING VALLEY RANCH, LLC · Eucha, 17 mi · $24.6M
- J & D ACQUISITION, INC. DBA JIM NORTON TOYOTA · Tulsa, 62 mi · $1.09B
- CHRIS NIKEL'S AUTOHAUS,INC. · Broken Arrow, 58 mi · $244.6M
- REGAL CAR SALES AND CREDIT LLC · Tulsa, 59 mi · $167.1M
- JAMES MATTHEWS FORD, LLC · Broken Arrow, 58 mi · $123.8M
- JERRY FERGUSON BUICK GMC, LLC · Broken Arrow, 58 mi · $116.1M
Estimated value over time
▲ 30% 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 |
|---|---|---|
| ASSOCIATES INSURANCE SERVICES INC this business | $439K | — |
| Patterson Insurance Service Jay | $806K | 14.8 mi |
| Teel Insurance Agency Jay | $806K | 15.2 mi |
| Davis Insurance Agency Inc Westville | $806K | 18.5 mi |
| COWAN INSURANCE AGENCY, LLC Locust Grove · 3 employees | $568K | 21.4 mi |
| Farmers Insurance - Dawn Hathcoat Eucha | $806K | 22.4 mi |
| National Indian Women Health Resource Center Tahlequah | $874K | 23.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $415K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $358K |
| Estimate: the two combined (geometric mean) | $439K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $169K |
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 | $507K |
| Multiple for this size and industry | 3× |
| Value range | $267K – $693K |
| Revenue range | $289K – $501K |
| EBITDA range | $111K – $193K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
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, OK. 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 |
|---|---|---|---|
| 4/9/2020 | first | $12K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Associates Insurance Services Inc
Associates Insurance Services Inc is an insurance agencies company in Kansas, Oklahoma. Its estimated annual revenue is about $439K, with roughly $169K of EBITDA. It has about 2 employees. Its estimated business value is $507K (likely range $267K–$693K).
Common questions
- Who owns Associates Insurance Services Inc?
- The owner of Associates Insurance Services 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 Associates Insurance Services Inc make?
- SeeBITDA estimates Associates Insurance Services Inc's annual revenue at about $439K (likely between $289K and $501K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Associates Insurance Services Inc worth?
- About $507K, roughly 3× its estimated EBITDA of $169K, typical for a insurance agencies company its size. Likely range: $267K–$693K.
- How many employees does Associates Insurance Services Inc have?
- About 2, as reported on its PPP loan.