SeeBITDAOklahoma

Chris Mathurin Agency LLC

  • 500 South ELM PL, Broken Arrow, OK
  • Since 2017
Estimated valueMedium confidence
$1.7M
$916Klikely range$2.4M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$1.6M
a year
Profit (EBITDA)
$484K
30% of revenue
Employees
8
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $1.7M

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $177K each$1.4M
PPP payroll ÷ payroll's usual share of revenue$1.4M
Shown toward the top of its range×1.14
Revenue$1.6M
× 30% profit margin$484K
× 3.6 sale multiple = value$1.7M

· Own this business? Correct these figures

What we know

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

What they do

State Farm insurance agency in Broken Arrow, OK offering auto, homeowners, condo, renters, life and business insurance plus financial services, with a focus on residents relocating to the Tulsa Metro area.

Products & services
Auto InsuranceHomeowners InsuranceCondo InsuranceRenters InsurancePersonal ArticlesBusiness InsuranceLife InsuranceBankingAnnuitiesFinancial Services
Markets served
small business ownersCommercial lines of Insurance
Service area
Broken Arrow, OKTulsa Metro areasurrounding Oklahoma areas
Certifications
State Farm Insurance AgentSenior Vice Presidents ClubState Farm Ambassador Travel

From the company's website. Industry: Insurance agencies.

Estimated value over time

▲ 30% since 2020
$0$1.0M$2.0M20202026

Today'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

BusinessEst. revenueEst. profitDistance
CHRIS MATHURIN AGENCY LLC
this business
$1.6M$484K—
Brightway Insurance
Broken Arrow
$806K$310K0.1 mi
HOWARD INSURANCE AGENCY
Broken Arrow · 6 employees
$1.4M$443K0.1 mi
TRIBAL DEVELOPMENT GROUP
Broken Arrow · 1 employees
$167K$64K0.2 mi
Andrew Baker
Broken Arrow
$806K$310K0.2 mi
Swinging Gate
Broken Arrow
$806K$310K0.4 mi
American National Insurance Co
Broken Arrow
$806K$310K0.6 mi

The full calculation

Employees reported to the SBA8
Revenue from headcount (employees × revenue per employee for companies this size)$1.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.4M
Estimate: the two combined (geometric mean)$1.6M
EBITDA margin (industry, adjusted for size)30%
EBITDA = revenue × margin$484K

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$1.7M
Multiple for this size and industry3.6×
Value range$916K – $2.4M
Revenue range$1.1M – $1.9M
EBITDA range$318K – $551K
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

“I'm your State Farm Insurance Agent for the Broken Arrow, OK area and have been serving State Farm customers since 2013.”

Leadership

  • CM
    Chris Mathurin
    State Farm Insurance Agent · Company website · source

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

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$63K$63K8Arvest Bank

Public records

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

About Chris Mathurin Agency LLC

Chris Mathurin Agency LLC is an insurance agencies company in Broken Arrow, Oklahoma, in business since 2017. Its estimated annual revenue is about $1.6M, with roughly $484K of EBITDA. It has about 8 employees. Its estimated business value is $1.7M (likely range $916K–$2.4M).

Common questions

Who owns Chris Mathurin Agency LLC?
The owner of Chris Mathurin Agency LLC 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 Chris Mathurin Agency LLC make?
SeeBITDA estimates Chris Mathurin Agency LLC's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Chris Mathurin Agency LLC worth?
About $1.7M, roughly 3.6× its estimated EBITDA of $484K, typical for a insurance agencies company its size. Likely range: $916K–$2.4M.
How many employees does Chris Mathurin Agency LLC have?
About 8, as reported on its PPP loan.
When was Chris Mathurin Agency LLC founded?
Chris Mathurin Agency LLC has been in business since 2017.