Combest Insurance LLC
How we got $665K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 25% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COMBEST INSURANCE LLC this business | $577K | — |
| Underwood Insurance Atoka | $815K | 0.0 mi |
| LEWIS BUSINESS SOLUTIONS, LLC Atoka · 5 employees | $1.0M | 0.0 mi |
| Aaa - Atoka Atoka | $815K | 0.0 mi |
| HOLLAND INSURANCE AGENCY, LLC Atoka · 3 employees | $425K | 0.1 mi |
| Steve Crow - State Farm Insurance Agent Atoka | $815K | 0.1 mi |
| AAA Atoka Insurance/Membership Only Atoka | $815K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $415K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $616K |
| Estimate: the two combined (geometric mean) | $577K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $222K |
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 | $665K |
| Multiple for this size and industry | 3× |
| Value range | $350K – $910K |
| Revenue range | $379K – $658K |
| EBITDA range | $146K – $253K |
| 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
History & advisors
Advisors
- BankingAmeriState 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 Roles are as stated there and may be out of date.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
| AmeriState Bank PPP 2021 | All 141 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/13/2021 | first | $21K | 2 |
About Combest Insurance LLC
Combest Insurance LLC is an insurance agencies company in Atoka, Oklahoma. Its estimated annual revenue is about $577K, with roughly $222K of EBITDA. It has about 2 employees. Its estimated business value is $665K (likely range $350K–$910K).
Common questions
- Who owns Combest Insurance LLC?
- The owner of Combest 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 Combest Insurance LLC make?
- SeeBITDA estimates Combest Insurance LLC's annual revenue at about $577K (likely between $379K and $658K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Combest Insurance LLC worth?
- About $665K, roughly 3× its estimated EBITDA of $222K, typical for a insurance agencies company its size. Likely range: $350K–$910K.
- How many employees does Combest Insurance LLC have?
- About 2, as reported on its PPP loan.