Foundation Insurance & Risk Management Inc.
How we got $1.1M
Based on 1 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
What they do
Foundation Insurance & Risk Management is an independent insurance agency in Guthrie, Oklahoma, offering personal and business insurance quotes and policy support. It serves the Guthrie area and throughout Oklahoma.
From the company's website. Industry: Financial advisors.
Customers & suppliers
Suppliers & brands
- American Strategic · brand it sells or installs
- Foremost · brand it sells or installs
- Progressive · brand it sells or installs
- Main Street America · brand it sells or installs
- National Indemnity · brand it sells or installs
- Travelers Business · brand it sells or installs
- Safeco · brand it sells or installs
- Travelers · brand it sells or installs
- Prudential · brand it sells or installs
- Pacific Life · brand it sells or installs
- NorthStar · brand it sells or installs
- National General · brand it sells or installs
- MetLife · brand it sells or installs
- Mercury · brand it sells or installs
- MDOW · brand it sells or installs
Estimated value over time
▼ 4% since 2021Today'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 |
|---|---|---|
| FOUNDATION INSURANCE & RISK MANAGEMENT INC. this business | $1.2M | — |
| COBURN FAMILY COMPANIES, INC. Edmond · 1 employees | $628K | 11.3 mi |
| VIKING FINANCIAL LLC Edmond · 1 employees | $394K | 13.2 mi |
| ROBERTS FINANCIAL PARTNERS GROUP, LLC Edmond · 2 employees | $1.3M | 14.0 mi |
| FERRELL WEALTH MANAGEMENT INC Edmond · 3 employees | $1.3M | 16.3 mi |
| STRATEGIC WEALTH CONCEPTS LLC Edmond · 4 employees | $1.4M | 17.0 mi |
| DJM FINANCIAL, LLC Edmond · 1 employees | $1.2M | 17.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $425K |
| Revenue = employees × revenue per employee | $1.2M |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $485K |
| Cross-check: revenue implied by PPP payroll | $284K |
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 | $1.1M |
| Multiple for this size and industry | 2.3× |
| Value range | $528K – $1.6M |
| Revenue range | $732K – $1.5M |
| EBITDA range | $287K – $574K |
| Industry (NAICS) | Securities and commodity contracts intermediation and brokerage (523110) |
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
Advisors
- BankingBOKF, National Association, BancFirstPPP / 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
| BancFirst 7(a) 2023 | All 7,048 borrowers → |
| BOKF, National Association PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/6/2021 | first | $12K | 1 |
Public records
| Feb 2023 | 7(a) | $644K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Foundation Insurance & Risk Management Inc.
Foundation Insurance & Risk Management Inc. is a financial advisors company in Guthrie, Oklahoma, in business since 2016. It is owned by Blake Wimsey (Founder & Lead Agent). Its estimated annual revenue is about $1.2M, with roughly $485K of EBITDA. It has about 1 employees. Its estimated business value is $1.1M (likely range $528K–$1.6M).
Common questions
- Who owns Foundation Insurance & Risk Management Inc.?
- Foundation Insurance & Risk Management Inc. is owned by Blake Wimsey (Founder & Lead Agent), according to public sources such as the company's website or filings.
- How much revenue does Foundation Insurance & Risk Management Inc. make?
- SeeBITDA estimates Foundation Insurance & Risk Management Inc.'s annual revenue at about $1.2M (likely between $732K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Foundation Insurance & Risk Management Inc. worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $485K, typical for a financial advisors company its size. Likely range: $528K–$1.6M.
- How many employees does Foundation Insurance & Risk Management Inc. have?
- About 1, as reported on its PPP loan.
- When was Foundation Insurance & Risk Management Inc. founded?
- Foundation Insurance & Risk Management Inc. has been in business since 2016.