David Estep Insurance, Inc.
How we got $230K
Based on its 1 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 |
|---|---|---|
| DAVID ESTEP INSURANCE, INC. this business | $200K | — |
| RE McGuire Insurance Hugo | $815K | 3.1 mi |
| Choctaw County Farm Bureau Hugo | $815K | 3.7 mi |
| LAWLESS AND CLAY INSURANCE, LLC Rattan · 3 employees | $737K | 15.3 mi |
| A Plus Insurance Antlers | $815K | 17.4 mi |
| MILLER INSURANCE, LLC Antlers · 2 employees | $484K | 18.9 mi |
| Farmers Insurance - Al House Antlers | $815K | 19.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $208K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $148K |
| Estimate: the two combined (geometric mean) | $200K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $77K |
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 | $230K |
| Multiple for this size and industry | 3× |
| Value range | $121K – $315K |
| Revenue range | $131K – $228K |
| EBITDA range | $51K – $88K |
| 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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $5K | 1 |
About David Estep Insurance, Inc.
David Estep Insurance, Inc. is an insurance agencies company in Hugo, Oklahoma. Its estimated annual revenue is about $200K, with roughly $77K of EBITDA. It has about 1 employees. Its estimated business value is $230K (likely range $121K–$315K).
Common questions
- Who owns David Estep Insurance, Inc.?
- The owner of David Estep Insurance, Inc. 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 David Estep Insurance, Inc. make?
- SeeBITDA estimates David Estep Insurance, Inc.'s annual revenue at about $200K (likely between $131K and $228K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is David Estep Insurance, Inc. worth?
- About $230K, roughly 3× its estimated EBITDA of $77K, typical for a insurance agencies company its size. Likely range: $121K–$315K.
- How many employees does David Estep Insurance, Inc. have?
- About 1, as reported on its PPP loan.