Dace Insurance Agency LLC
How we got $1.0M
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DACE INSURANCE AGENCY LLC this business | $857K | — |
| Angela G Thompson - 17342 N May Ave Edmond | $806K | 0.0 mi |
| Farmers Insurance - Angela Thompson Edmond | $806K | 0.0 mi |
| DAVIS INSURANCE GROUP LLC Edmond · 3 employees | $840K | 0.0 mi |
| MICHELLE EARLY INSURANCE AGENCY, LLC Edmond · 9 employees | $1.8M | 0.0 mi |
| LBV INSURANCE, LLC Edmond · 5 employees | $1.2M | 0.0 mi |
| State Farm Edmond | $806K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $886K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $638K |
| Estimate: the two combined (geometric mean) | $857K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $281K |
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 | $1.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $533K – $1.4M |
| Revenue range | $564K – $978K |
| EBITDA range | $185K – $321K |
| 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
- BankingGreat Nations 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 Roles are as stated there and may be out of date.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
| Great Nations Bank PPP 2021 | All 81 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/17/2021 | first | $28K | 5 |
About Dace Insurance Agency LLC
Dace Insurance Agency LLC is an insurance agencies company in Edmond, Oklahoma. Its estimated annual revenue is about $857K, with roughly $281K of EBITDA. It has about 5 employees. Its estimated business value is $1.0M (likely range $533K–$1.4M).
Common questions
- Who owns Dace Insurance Agency LLC?
- The owner of Dace Insurance Agency 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 Dace Insurance Agency LLC make?
- SeeBITDA estimates Dace Insurance Agency LLC's annual revenue at about $857K (likely between $564K and $978K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dace Insurance Agency LLC worth?
- About $1.0M, roughly 3.6× its estimated EBITDA of $281K, typical for a insurance agencies company its size. Likely range: $533K–$1.4M.
- How many employees does Dace Insurance Agency LLC have?
- About 5, as reported on its PPP loan.