Cross Timbers Insurance Group LLC
How we got $730K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Cross Timbers Insurance Group is an independent insurance agency that provides property and casualty and Medicare insurance needs. It serves all of Oklahoma and emphasizes customer service and carrier choice.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Customers
- Nutrition & Athletic Club of Choctaw (NAC38) · named on its website
- Okemah Chamber of Commerce · named on its website
Suppliers & brands
- Progressive Insurance · brand it sells or installs
- AFR Insurance · brand it sells or installs
- Casualty Corp of America · brand it sells or installs
- GainsCo Auto Insurance · brand it sells or installs
- Equity Insurance · brand it sells or installs
- Standard Insurance · brand it sells or installs
- Talisman Surety & Fidelity Company · brand it sells or installs
- Standard Lines Services · brand it sells or installs
- GrahamRogers Insurance · brand it sells or installs
- Harbor Insurance Company · brand it sells or installs
- Risk Placement Services · brand it sells or installs
- Tim Parkman, Inc. Insurance · brand it sells or installs
- One General Agency Insurance · brand it sells or installs
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 |
|---|---|---|
| CROSS TIMBERS INSURANCE GROUP LLC this business | $742K | — |
| SS Insurance Okemah | $806K | 0.1 mi |
| STEVEN CURRY INSURANCE AGENCY, INC Okemah · 1 employees | $259K | 0.1 mi |
| Chad Haberman Ins Okemah | $806K | 0.1 mi |
| SPEIR INSURANCE LLC Okemah · 1 employees | $222K | 5.3 mi |
| THE PEIXOTTO AGENCY INC. Wetumka · 3 employees | $630K | 13.9 mi |
| FRANK MCMANUS INSURANCE AGENCY, LLC Henryetta · 1 employees | $189K | 14.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $680K |
| Estimate: the two combined (geometric mean) | $742K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $243K |
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 | $730K |
| Multiple for this size and industry | 3× |
| Value range | $384K – $999K |
| Revenue range | $488K – $846K |
| EBITDA range | $160K – $277K |
| 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
Leadership
- KDKathleen DavisOwner / Producer · Company website · source
- MRMorgan RunyanLivestock Producer · Company website · source
- FSFelecia SmithLicensed P&C Producer · Company website · source
- JRJeramy RIchOwner / Producer · Company website · source
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $23K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cross Timbers Insurance Group LLC
Cross Timbers Insurance Group LLC is an insurance agencies company in Okemah, Oklahoma, in business since 2011. It is owned by Okemah Chamber (President). Its estimated annual revenue is about $742K, with roughly $243K of EBITDA. It has about 3 employees. Its estimated business value is $730K (likely range $384K–$999K).
Common questions
- Who owns Cross Timbers Insurance Group LLC?
- Cross Timbers Insurance Group LLC is owned by Okemah Chamber (President), according to public sources such as the company's website or filings.
- How much revenue does Cross Timbers Insurance Group LLC make?
- SeeBITDA estimates Cross Timbers Insurance Group LLC's annual revenue at about $742K (likely between $488K and $846K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cross Timbers Insurance Group LLC worth?
- About $730K, roughly 3× its estimated EBITDA of $243K, typical for a insurance agencies company its size. Likely range: $384K–$999K.
- How many employees does Cross Timbers Insurance Group LLC have?
- About 3, as reported on its PPP loan.
- When was Cross Timbers Insurance Group LLC founded?
- Cross Timbers Insurance Group LLC has been in business since 2011.