Clary Insurance LLC
How we got $1.4M
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Clary Insurance is an independent insurance agency in Tulsa, Oklahoma that offers personal and business insurance coverages to clients. It says it works with some of its best companies and provides a dedicated team for each client.
From the company's website. Industry: Other Direct Insurance (except Life, Health, and Medical) Carriers.
Customers & suppliers
Suppliers & brands
- Main Street America · brand it sells or installs
- United Healthcare · brand it sells or installs
- Travelers · brand it sells or installs
- State Auto · brand it sells or installs
- Safeco · brand it sells or installs
- NorthStar · brand it sells or installs
- Mercury · brand it sells or installs
- American Modern · brand it sells or installs
- Kemper · brand it sells or installs
- Humana · brand it sells or installs
- Hartford · brand it sells or installs
- Hagerty · brand it sells or installs
- Foremost · brand it sells or installs
- CNA · brand it sells or installs
- Chubb · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- THE HAWTHORN GROUP, INC. · Tulsa, 8 mi · $437.3M
- CUSTOM COMMODITIES, INC · Vinita, 57 mi · $137.0M
- EAGLE REDI-MIX CONCRETE LLC · Tulsa, 1 mi · $111.7M
- MILLER TRUCK LINES LLC · Stroud, 47 mi · $106.6M
- JCT HOLDING CO LLC · Sapulpa, 17 mi · $101.6M
- FOLDS OF HONOR FOUNDATION · Owasso, 12 mi · $75.9M
- ROMAN CATHOLIC DIOCESE OF TULSA · Broken Arrow, 12 mi · $67.1M
- WILLIE GEORGE MINISTRIES, INC · Tulsa, 9 mi · $58.5M
- VICTORY CHRISTIAN CENTER INC · Tulsa, 7 mi · $55.8M
- THE CHURCH AT BATTLECREEK INC. · Broken Arrow, 11 mi · $44.8M
Estimated value over time
▲ 29% 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 |
|---|---|---|
| CLARY INSURANCE LLC this business | $1.4M | — |
| JOHN CROISANT AGENCY LLC Tulsa · 4 employees | $2.9M | 1.7 mi |
| AUTO INSURANCE CENTER OF TULSA AGENCY Tulsa · 6 employees | $3.5M | 1.9 mi |
| STATEWIDE GENERAL AGENCY Tulsa · 23 employees | $30.3M | 4.2 mi |
| BEKRA COMMERCIAL LLC Tulsa · 1 employees | $1.1M | 6.7 mi |
| INTER ID, INC Tulsa · 5 employees | $8.5M | 6.9 mi |
| MIKE KIRK & ASSOCIATES, LLC Tulsa · 1 employees | $1.5M | 7.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $704K |
| Revenue = employees × revenue per employee | $1.4M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $472K |
| Cross-check: revenue implied by PPP payroll | $326K |
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 | $1.4M |
| Multiple for this size and industry | 3× |
| Value range | $670K – $2.0M |
| Revenue range | $852K – $1.7M |
| EBITDA range | $279K – $559K |
| Industry (NAICS) | Other Direct Insurance (except Life, Health, and Medical) Carriers (524128) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. 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
- BankingVast Bank, National AssociationPPP / 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
| Vast Bank, National Association PPP 2020, PPP 2021 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/5/2020 | first | $8K | 2 |
| 2/20/2021 | second | $6K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Clary Insurance LLC
Clary Insurance LLC is an other direct insurance (except life, health, and medical) carriers company in Tulsa, Oklahoma, in business since 2008. Its estimated annual revenue is about $1.4M, with roughly $472K of EBITDA. It has about 2 employees. Its estimated business value is $1.4M (likely range $670K–$2.0M).
Common questions
- Who owns Clary Insurance LLC?
- The owner of Clary Insurance 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 Clary Insurance LLC make?
- SeeBITDA estimates Clary Insurance LLC's annual revenue at about $1.4M (likely between $852K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Clary Insurance LLC worth?
- About $1.4M, roughly 3× its estimated EBITDA of $472K, typical for a other direct insurance (except life, health, and medical) carriers company its size. Likely range: $670K–$2.0M.
- How many employees does Clary Insurance LLC have?
- About 2, as reported on its PPP loan.
- When was Clary Insurance LLC founded?
- Clary Insurance LLC has been in business since 2008.