Boone Insurance Agency, Inc.
How we got $938K
Based on its 3 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 |
|---|---|---|
| BOONE INSURANCE AGENCY, INC. this business | $678K | — |
| Farmers Insurance - Steve Grogan Sapulpa | $806K | 0.1 mi |
| Lon T Jackson Agency Inc Sapulpa | $806K | 0.1 mi |
| REBECCA LAFEVERS STATE FARM AGENCY INC Sapulpa · 6 employees | $1.5M | 0.2 mi |
| Goosehead Insurance - Angela Maier Sapulpa | $806K | 0.3 mi |
| PETERS AGENCY, LLC Sapulpa · 3 employees | $801K | 0.3 mi |
| Steven Peters: Allstate Insurance Sapulpa | $806K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $622K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $568K |
| Estimate: the two combined (geometric mean) | $678K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $261K |
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 | $938K |
| Multiple for this size and industry | 3.6× |
| Value range | $494K – $1.3M |
| Revenue range | $446K – $773K |
| EBITDA range | $171K – $297K |
| 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 Central Trust 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 Roles are as stated there and may be out of date.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
| The Central Trust Bank PPP 2020 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $19K | 3 |
About Boone Insurance Agency, Inc.
Boone Insurance Agency, Inc. is an insurance agencies company in Sapulpa, Oklahoma. Its estimated annual revenue is about $678K, with roughly $261K of EBITDA. It has about 3 employees. Its estimated business value is $938K (likely range $494K–$1.3M).
Common questions
- Who owns Boone Insurance Agency, Inc.?
- The owner of Boone 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 Boone Insurance Agency, Inc. make?
- SeeBITDA estimates Boone Insurance Agency, Inc.'s annual revenue at about $678K (likely between $446K and $773K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Boone Insurance Agency, Inc. worth?
- About $938K, roughly 3.6× its estimated EBITDA of $261K, typical for a insurance agencies company its size. Likely range: $494K–$1.3M.
- How many employees does Boone Insurance Agency, Inc. have?
- About 3, as reported on its PPP loan.