Church Insurance Specialists Inc
How we got $2.4M
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 Some signs of a sale
- In business 48 years (since 1978)
From public records and the company's website, not a statement that it's for sale.
What they do
Church Insurance Specialists, Inc. provides insurance coverage and risk-management for churches and ministries in Oklahoma. It offers commercial property, liability, auto, mission travel and workers' compensation insurance.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Customers
- Website Ministries · named on its website
- First Baptist Church · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 35 mi · $116.4M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 35 mi · $68.4M
- ROMAN CATHOLIC DIOCESE OF TULSA · Broken Arrow, 77 mi · $67.0M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 35 mi · $62.6M
- WILLIE GEORGE MINISTRIES, INC · Tulsa, 83 mi · $58.5M
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 |
|---|---|---|
| CHURCH INSURANCE SPECIALISTS INC this business | $1.8M | — |
| Romberg Insurance Shawnee | $806K | 0.0 mi |
| Valentine Insurance Group Shawnee | $806K | 0.0 mi |
| Carrell Insurance Agency Shawnee | $806K | 0.3 mi |
| LONNELL ALEXANDER AGENCY, LLC Shawnee · 4 employees | $873K | 0.4 mi |
| Raymond Leon Smith - 2000 N Harrison St Shawnee | $806K | 0.5 mi |
| Farmers Insurance - Raymond Smith Shawnee | $806K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $537K |
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 | $2.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.3M – $3.3M |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $353K – $612K |
| 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
“Since 1978, our independent insurance agency has specialized in ministry insurance for Oklahoma churches and related ministries.”
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $68K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Church Insurance Specialists Inc
Church Insurance Specialists Inc is an insurance agencies company in Shawnee, Oklahoma, in business since 1978. Its estimated annual revenue is about $1.8M, with roughly $537K of EBITDA. It has about 9 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Church Insurance Specialists Inc?
- The owner of Church Insurance Specialists 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 Church Insurance Specialists Inc make?
- SeeBITDA estimates Church Insurance Specialists Inc's annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Church Insurance Specialists Inc worth?
- About $2.4M, roughly 4.5× its estimated EBITDA of $537K, typical for a insurance agencies company its size. Likely range: $1.3M–$3.3M.
- How many employees does Church Insurance Specialists Inc have?
- About 9, as reported on its PPP loan.
- When was Church Insurance Specialists Inc founded?
- Church Insurance Specialists Inc has been in business since 1978.