Cross Insurance LLC
How we got $498K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Cross Insurance LLC offers auto, home, commercial, and recreational insurance policies, with a visit-in-person office and phone contact.
From the company's website. Industry: Insurance agencies.
Estimated value over time
▲ 56% 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 |
|---|---|---|
| CROSS INSURANCE LLC this business | $432K | — |
| HAYS INSURANCE AGENCY, LLC Okmulgee · 2 employees | $314K | 0.4 mi |
| State Farm Okmulgee | $806K | 0.5 mi |
| Hayden Sharp Okmulgee | $806K | 0.5 mi |
| Farm Bureau Insurance Okmulgee | $162K | 0.7 mi |
| JIM HALL AGENCY LLC Okmulgee · 6 employees | $1.3M | 0.7 mi |
| First Community Insurance Agency Okmulgee | $806K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $634K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $226K |
| Estimate: the two combined (geometric mean) | $432K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $166K |
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 | $498K |
| Multiple for this size and industry | 3× |
| Value range | $262K – $681K |
| Revenue range | $284K – $492K |
| EBITDA range | $109K – $189K |
| Industry (NAICS) | All Other Insurance Related Activities (524298) |
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
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $9K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cross Insurance LLC
Cross Insurance LLC is an insurance agencies company in Okmulgee, Oklahoma, in business since 2023. Its estimated annual revenue is about $432K, with roughly $166K of EBITDA. It has about 2 employees. Its estimated business value is $498K (likely range $262K–$681K).
Common questions
- Who owns Cross Insurance LLC?
- The owner of Cross 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 Cross Insurance LLC make?
- SeeBITDA estimates Cross Insurance LLC's annual revenue at about $432K (likely between $284K and $492K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cross Insurance LLC worth?
- About $498K, roughly 3× its estimated EBITDA of $166K, typical for a insurance agencies company its size. Likely range: $262K–$681K.
- How many employees does Cross Insurance LLC have?
- About 2, as reported on its PPP loan.
- When was Cross Insurance LLC founded?
- Cross Insurance LLC has been in business since 2023.