Farm & City Insurance, Inc.
How we got $622K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| FARM & CITY INSURANCE, INC. this business | $632K | — |
| Coffey Real Estate & Auction Hinton | $493K | 0.0 mi |
| Geary Tag Agency Geary | $493K | 11.2 mi |
| ALLAMERICAN INSURANCE SERVICES, LLC Hydro · 5 employees | $526K | 13.6 mi |
| SUPERIOR CROP INSURANCE, LLC Calumet · 3 employees | $539K | 14.4 mi |
| Harms Insurance Agency Weatherford | $985K | 19.4 mi |
| ED BERRONG INSURANCE AGENCY, INC. Weatherford · 16 employees | $3.0M | 19.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $665K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $601K |
| Estimate: the two combined (geometric mean) | $632K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $207K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 5% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $622K |
| Multiple for this size and industry | 3× |
| Value range | $373K – $970K |
| Revenue range | $474K – $822K |
| EBITDA range | $156K – $270K |
| 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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $25K | 4 |
| 1/27/2021 | second | $29K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farm & City Insurance, Inc.
Farm & City Insurance, Inc. is an insurance agencies company in Hinton, Oklahoma, in business since 2002. Its estimated annual revenue is about $632K, with roughly $207K of EBITDA. It has about 4 employees. Its estimated business value is $622K (likely range $373K–$970K).
Common questions
- Who owns Farm & City Insurance, Inc.?
- The owner of Farm & City 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 Farm & City Insurance, Inc. make?
- SeeBITDA estimates Farm & City Insurance, Inc.'s annual revenue at about $632K (likely between $474K and $822K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farm & City Insurance, Inc. worth?
- About $622K, roughly 3× its estimated EBITDA of $207K, typical for a insurance agencies company its size. Likely range: $373K–$970K.
- How many employees does Farm & City Insurance, Inc. have?
- About 4, as reported on its PPP loan.
- When was Farm & City Insurance, Inc. founded?
- Farm & City Insurance, Inc. has been in business since 2002.