Bannon Insurance Agency, Inc
How we got $632K
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
▲ 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 |
|---|---|---|
| BANNON INSURANCE AGENCY, INC this business | $548K | — |
| Johnnie Scheid - State Farm Insurance Agent Lawton | $806K | 0.1 mi |
| NANCY HOLCOMB INSURANCE AGENCY, INC Lawton · 3 employees | $799K | 0.2 mi |
| FLOYDS INSURANCE AGENCY LLC Lawton · 2 employees | $432K | 0.8 mi |
| Jeff Warren Farmers Insurance Lawton | $806K | 0.8 mi |
| ABC Medicare & Health Insurance Agency Lawton | $806K | 0.8 mi |
| THE HILL AGENCY INC Lawton · 2 employees | $677K | 0.8 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) | $556K |
| Estimate: the two combined (geometric mean) | $548K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $211K |
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 | $632K |
| Multiple for this size and industry | 3× |
| Value range | $332K – $864K |
| Revenue range | $360K – $624K |
| EBITDA range | $139K – $240K |
| 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
- BankingThe City National Bank and Trust Company of Lawton, OklahomaPPP / 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 Roles are as stated there and may be out of date.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 City National Bank and Trust Company of Lawton, Oklahoma PPP 2020 | All 238 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $19K | 2 |
About Bannon Insurance Agency, Inc
Bannon Insurance Agency, Inc is an insurance agencies company in Lawton, Oklahoma. Its estimated annual revenue is about $548K, with roughly $211K of EBITDA. It has about 2 employees. Its estimated business value is $632K (likely range $332K–$864K).
Common questions
- Who owns Bannon Insurance Agency, Inc?
- The owner of Bannon Insurance Agency, 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 Bannon Insurance Agency, Inc make?
- SeeBITDA estimates Bannon Insurance Agency, Inc's annual revenue at about $548K (likely between $360K and $624K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bannon Insurance Agency, Inc worth?
- About $632K, roughly 3× its estimated EBITDA of $211K, typical for a insurance agencies company its size. Likely range: $332K–$864K.
- How many employees does Bannon Insurance Agency, Inc have?
- About 2, as reported on its PPP loan.