Econo-Wise Insurance Services Inc.
How we got $653K
Based on its 3 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 |
|---|---|---|
| ECONO-WISE INSURANCE SERVICES INC. this business | $566K | — |
| MIKE MUECKE INSURANCE AGENCY INC. Midwest City · 10 employees | $2.8M | 1.8 mi |
| CASEY WISE INSURANCE AGENCY INC Oklahoma City · 2 employees | $336K | 1.9 mi |
| Casey Turner Wise - 249 N Douglas Blvd Midwest City | $806K | 1.9 mi |
| Aaa Oklahoma - Midwest City - Insurance/membership Only Midwest City | $806K | 2.0 mi |
| AXA Advisors Oklahoma City | $806K | 2.0 mi |
| Chris Mullings Farmers Insurance Midwest City | $806K | 2.5 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) | $396K |
| Estimate: the two combined (geometric mean) | $566K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $218K |
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 | $653K |
| Multiple for this size and industry | 3× |
| Value range | $344K – $893K |
| Revenue range | $372K – $645K |
| EBITDA range | $143K – $248K |
| 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
Advisors
- BankingCommunity State 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 Roles are as stated there and may be out of date.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
| The Community State Bank PPP 2020 | All 167 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $13K | 3 |
About Econo-Wise Insurance Services Inc.
Econo-Wise Insurance Services Inc. is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $566K, with roughly $218K of EBITDA. It has about 3 employees. Its estimated business value is $653K (likely range $344K–$893K).
Common questions
- Who owns Econo-Wise Insurance Services Inc.?
- The owner of Econo-Wise Insurance Services 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 Econo-Wise Insurance Services Inc. make?
- SeeBITDA estimates Econo-Wise Insurance Services Inc.'s annual revenue at about $566K (likely between $372K and $645K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Econo-Wise Insurance Services Inc. worth?
- About $653K, roughly 3× its estimated EBITDA of $218K, typical for a insurance agencies company its size. Likely range: $344K–$893K.
- How many employees does Econo-Wise Insurance Services Inc. have?
- About 3, as reported on its PPP loan.