Covenant Insurance Advisors, LLC
How we got $727K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| COVENANT INSURANCE ADVISORS, LLC this business | $738K | — |
| Ashley Tol, SIG Commercial and Personal Insurance Agent Edmond | $806K | 0.0 mi |
| CAL SMITH INSURANCE AGENCY, LLC Edmond · 5 employees | $759K | 0.0 mi |
| KELLY DODD LLC Edmond · 1 employees | $364K | 0.0 mi |
| SHERLOCK INSURANCE, L.L.C. Edmond · 3 employees | $640K | 0.0 mi |
| Mike Teague - State Farm Insurance Agent Edmond | $806K | 0.1 mi |
| CAMERON MCCOY Edmond · 1 employees | $407K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $505K |
| Estimate: the two combined (geometric mean) | $738K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $242K |
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 | $727K |
| Multiple for this size and industry | 3× |
| Value range | $382K – $994K |
| Revenue range | $486K – $842K |
| EBITDA range | $159K – $276K |
| 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
Advisors
- BankingFirst Liberty 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 Roles are as stated there and may be out of date.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
| First Liberty Bank PPP 2020 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $17K | 4 |
2 locations
| 933 NW 164TH ST | Edmond | This listing |
| 2932 Nw 122nd St Ste 10 | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Covenant Insurance Advisors, LLC
Covenant Insurance Advisors, LLC is an insurance agencies company in Edmond, Oklahoma. Its estimated annual revenue is about $738K, with roughly $242K of EBITDA. It has about 4 employees. Its estimated business value is $727K (likely range $382K–$994K). It has 2 locations.
Common questions
- Who owns Covenant Insurance Advisors, LLC?
- The owner of Covenant Insurance Advisors, 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 Covenant Insurance Advisors, LLC make?
- SeeBITDA estimates Covenant Insurance Advisors, LLC's annual revenue at about $738K (likely between $486K and $842K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Covenant Insurance Advisors, LLC worth?
- About $727K, roughly 3× its estimated EBITDA of $242K, typical for a insurance agencies company its size. Likely range: $382K–$994K.
- How many employees does Covenant Insurance Advisors, LLC have?
- About 4, as reported on its PPP loan.