SeeBITDAOklahoma

Broken Arrow Insurance Agency, Inc.

  • 2720 N HEMLOCK CT SUITE A, Broken Arrow, OK
Estimated valueMedium confidence
$5.9M
$3.1Mlikely range$8.1M
About 5.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.0M
a year
Profit (EBITDA)
$1.1M
27% of revenue
Employees
16
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $5.9M

Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.

16 employees × $209K each$3.3M
PPP payroll ÷ payroll's usual share of revenue$3.8M
Shown toward the top of its range×1.14
Revenue$4.0M
× 27% profit margin$1.1M
× 5.4 sale multiple = value$5.9M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2023
No reported financials
No website found
Owner not found

Signs of a sale Unlikely to sell soon

  • Headcount down 69% since 2020 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

Estimated value over time

▲ 30% since 2020
$0$3.4M$6.8M20202021202220232026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 75% since 2020
010202020202120222023164
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan16$2.9M$776K
2020Form 550013$2.3M$631K
2021Form 550011$2.0M$534K
2022Form 55009$1.6M$437K
2023Form 55004$717K$194K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
BROKEN ARROW INSURANCE AGENCY, INC.
this business
$4.0M$1.1M—
COMMERCIAL RISK GROUP INC
Broken Arrow · 8 employees
$1.8M$544K0.0 mi
The Arrow Group, A Division Of Alliant Insurance Services
Broken Arrow
$806K$310K0.0 mi
Rachel Zimmer - Mutual Of Omaha
Broken Arrow
$806K$310K0.0 mi
American National Insurance
Broken Arrow
$806K$310K0.1 mi
Farmers Insurance - Jacob Lonsinger
Broken Arrow
$806K$310K0.1 mi
Cimarron Claim Service Inc
Broken Arrow
$806K$310K0.1 mi

The full calculation

Employees reported to the SBA16
Revenue from headcount (employees × revenue per employee for companies this size)$3.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.8M
Estimate: the two combined (geometric mean)$4.0M
EBITDA margin (industry, adjusted for size)27%
EBITDA = revenue × margin$1.1M

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$5.9M
Multiple for this size and industry5.4×
Value range$3.1M – $8.1M
Revenue range$2.7M – $4.6M
EBITDA range$719K – $1.2M
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

Leadership

  • TC
    Terry Cupp
    Signed for the company · 2023 retirement-plan filing (Form 5500)

Advisors

  • BankingFNB CowetaPPP / 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

FNB Coweta
PPP 2020
All 118 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/3/2020first$169K$171K16FNB Coweta

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Broken Arrow Insurance Agency, Inc.

Broken Arrow Insurance Agency, Inc. is an insurance agencies company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $4.0M, with roughly $1.1M of EBITDA. It has about 4 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.1M).

Common questions

Who owns Broken Arrow Insurance Agency, Inc.?
The owner of Broken Arrow 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 Broken Arrow Insurance Agency, Inc. make?
SeeBITDA estimates Broken Arrow Insurance Agency, Inc.'s annual revenue at about $4.0M (likely between $2.7M and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Broken Arrow Insurance Agency, Inc. worth?
About $5.9M, roughly 5.4× its estimated EBITDA of $1.1M, typical for a insurance agencies company its size. Likely range: $3.1M–$8.1M.
How many employees does Broken Arrow Insurance Agency, Inc. have?
About 4, from its 2023 retirement-plan filing.