SeeBITDAOklahoma

Don David Agency Inc

Direct Life Insurance Carriers
  • 1602 E OKMULGEE AVE, Muskogee, OK
  • Since 2009
Estimated valueLow confidence
$11.7M
$5.5Mlikely range$16.6M
About 5.5× its yearly profit, typical for a company this size in its industry.
Revenue
$7.9M
a year
Profit (EBITDA)
$2.1M
27% of revenue
Employees
5
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $11.7M

Based on 5 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.

5 employees × $1.3M each$6.6M
Shown toward the top of its range×1.18
Revenue$7.9M
× 27% profit margin$2.1M
× 5.5 sale multiple = value$11.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 17 years (since 2009)

From public records and the company's website, not a statement that it's for sale.

What they do

State Farm insurance agency in Muskogee, OK offering insurance and banking products to individuals and businesses, per the agent's site.

Products & services
Auto insuranceHomeowners insuranceCondo insuranceRenters insuranceBusiness insuranceLife insurancePet insuranceBankingAnnuities
Service area
Muskogee, OK

From the company's website. Industry: Direct Life Insurance Carriers.

Customers & suppliers

Suppliers & brands

  • State Farm · brand it sells or installs

Estimated value over time

▲ 15% since 2020
$0$6.7M$13.4M20202026

Today'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

BusinessEst. revenueEst. profitDistance
DON DAVID AGENCY INC
this business
$7.9M$2.1M—
HEALTHCARE SOLUTIONS GROUP INC
Muskogee · 26 employees
$54.4M$12.1M1.2 mi
ABBOTT INSURANCE AGENCY INC.
Muskogee · 1 employees
$1.9M$563K2.1 mi
GRANT LANNOM INSURANCE AGENCY INC
Wagoner · 6 employees
$3.3M$985K15.1 mi
BRYAN WILLIAMS INSURANCE AGENCY LLC
Tahlequah · 2 employees
$3.1M$932K23.4 mi
GL BROWN INSURANCE
Tahlequah · 1 employees
$968K$317K23.8 mi
GOODMAN OPERATIONS LLC
Broken Arrow · 5 employees
$4.8M$1.3M26.3 mi

The full calculation

Employees reported to the SBA5
Industry revenue per employee$1.2M
Revenue = employees × revenue per employee$7.9M
EBITDA margin (industry, adjusted for size)27%
EBITDA = revenue × margin$2.1M
Cross-check: revenue implied by PPP payroll$1.7M

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$11.7M
Multiple for this size and industry5.5×
Value range$5.5M – $16.6M
Revenue range$4.6M – $9.3M
EBITDA range$1.3M – $2.5M
Industry (NAICS)Direct Life Insurance Carriers (524113)

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, 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

Founded 2009
“Hello, my name is Don David, and I'm a State Farm Agent located in Muskogee, OK since 2009.”

Leadership

  • DD
    Don David
    State Farm Agent · Company website · source

Advisors

  • BankingArmstrong 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

Armstrong Bank
PPP 2020
All 1,355 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$27K$27K5Armstrong Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Don David Agency Inc

Don David Agency Inc is a direct life insurance carriers company in Muskogee, Oklahoma, in business since 2009. Its estimated annual revenue is about $7.9M, with roughly $2.1M of EBITDA. It has about 5 employees. Its estimated business value is $11.7M (likely range $5.5M–$16.6M).

Common questions

Who owns Don David Agency Inc?
The owner of Don David Agency 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 Don David Agency Inc make?
SeeBITDA estimates Don David Agency Inc's annual revenue at about $7.9M (likely between $4.6M and $9.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Don David Agency Inc worth?
About $11.7M, roughly 5.5× its estimated EBITDA of $2.1M, typical for a direct life insurance carriers company its size. Likely range: $5.5M–$16.6M.
How many employees does Don David Agency Inc have?
About 5, as reported on its PPP loan.
When was Don David Agency Inc founded?
Don David Agency Inc has been in business since 2009.