SeeBITDAOklahoma

Dugar Insurance Agency & Assoicates Inc

Estimated valueMedium confidence
$388K
$204Klikely range$531K
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$337K
a year
Profit (EBITDA)
$129K
38% of revenue
Employees
2
reported in 2021
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $388K

Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.

2 employees × $208K each$415K
PPP payroll ÷ payroll's usual share of revenue$210K
Shown toward the top of its range×1.14
Revenue$337K
× 38% profit margin$129K
× 3 sale multiple = value$388K

· Own this business? Correct these figures

Estimated value over time

▲ 25% since 2021
$0$223K$447K20212026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
Company website
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
DUGAR INSURANCE AGENCY & ASSOICATES INC
this business
$337K$129K—
All About Auto Insurance
Oklahoma City
$815K$313K0.1 mi
State Auto Insurance
Oklahoma City
$815K$313K0.8 mi
Capital Bureau
Oklahoma City
$815K$313K0.8 mi
Farmers Insurance - Jimmy Carswell
Lawton
$815K$313K0.8 mi
University Of Oklahoma College Of Pharmacy
Oklahoma City
$815K$313K0.9 mi
Nate Esparza
Oklahoma City
$815K$313K1.0 mi

The full calculation

Employees reported to the SBA2
Revenue from headcount (employees × revenue per employee for companies this size)$415K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$210K
Estimate: the two combined (geometric mean)$337K
EBITDA margin (industry, adjusted for size)38%
EBITDA = revenue × margin$129K

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$388K
Multiple for this size and industry3×
Value range$204K – $531K
Revenue range$221K – $384K
EBITDA range$85K – $148K
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

  • BankingMidFirst 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

MidFirst Bank
PPP 2021
All 2,403 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
1/29/2021first$7K$7K2MidFirst Bank

Public records

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

About Dugar Insurance Agency & Assoicates Inc

Dugar Insurance Agency & Assoicates Inc is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2017. Its estimated annual revenue is about $337K, with roughly $129K of EBITDA. It has about 2 employees. Its estimated business value is $388K (likely range $204K–$531K).

Common questions

Who owns Dugar Insurance Agency & Assoicates Inc?
The owner of Dugar Insurance Agency & Assoicates 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 Dugar Insurance Agency & Assoicates Inc make?
SeeBITDA estimates Dugar Insurance Agency & Assoicates Inc's annual revenue at about $337K (likely between $221K and $384K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Dugar Insurance Agency & Assoicates Inc worth?
About $388K, roughly 3× its estimated EBITDA of $129K, typical for a insurance agencies company its size. Likely range: $204K–$531K.
How many employees does Dugar Insurance Agency & Assoicates Inc have?
About 2, as reported on its PPP loan.
When was Dugar Insurance Agency & Assoicates Inc founded?
Dugar Insurance Agency & Assoicates Inc has been in business since 2017.