Bill Kelley & Associates, Inc.
- Sharon DowellCommercial Insurance Expert · Company website
- Louise MaxwellTeam Member · Company website
How we got $2.9M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale High sell likelihood
- In business 56 years (since 1970)
- Founder still runs it after 56 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Bill Kelley & Associates is an insurance and risk services agency offering commercial, personal, and health insurance solutions. It represents over 50 carriers and says it helps clients find coverage within their budget.
From the company's website. Industry: Insurance agencies.
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 |
|---|---|---|
| BILL KELLEY & ASSOCIATES, INC. this business | $2.0M | — |
| Johnny Haynes Sperry | $806K | 3.8 mi |
| Carla T Brown - 10229 E 96th St N Owasso | $806K | 3.9 mi |
| Yonny Cares LLC Tulsa | $806K | 3.9 mi |
| Keith Tew - HomeTown Insurance Agency Owasso | $806K | 4.0 mi |
| Shelter Insurance Owasso | $806K | 4.1 mi |
| OWATUSI INC Owasso · 1 employees | $173K | 4.1 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $634K |
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 | $2.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.5M – $3.9M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $417K – $723K |
| 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
History & advisors
“Bill Kelley and Associates was established in 1970 with over 50 years of industry experience.”
Advisors
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $64K | 6 |
2 locations
| 4447 E 86TH ST | Sperry | This listing |
| 107 South Main Street | Bristow | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bill Kelley & Associates, Inc.
Bill Kelley & Associates, Inc. is an insurance agencies company in Sperry, Oklahoma, in business since 1970. It is owned by Bill Kelley (Founder). Its estimated annual revenue is about $2.0M, with roughly $634K of EBITDA. It has about 9 employees. Its estimated business value is $2.9M (likely range $1.5M–$3.9M). It has 2 locations.
Common questions
- Who owns Bill Kelley & Associates, Inc.?
- Bill Kelley & Associates, Inc. is owned by Bill Kelley (Founder), according to public sources such as the company's website or filings.
- How much revenue does Bill Kelley & Associates, Inc. make?
- SeeBITDA estimates Bill Kelley & Associates, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bill Kelley & Associates, Inc. worth?
- About $2.9M, roughly 4.5× its estimated EBITDA of $634K, typical for a insurance agencies company its size. Likely range: $1.5M–$3.9M.
- How many employees does Bill Kelley & Associates, Inc. have?
- About 9, as reported on its PPP loan.
- When was Bill Kelley & Associates, Inc. founded?
- Bill Kelley & Associates, Inc. has been in business since 1970.
- Is Bill Kelley & Associates, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 56 years (since 1970); founder still runs it after 56 years; no family successor named on its website.