SeeBITDAOklahoma

Freeland Insurance, LLC

  • 6017 SHILOH BLVD, Oklahoma City, OK
  • 2 locations
  • Since 2006
Estimated valueMedium confidence
$992K
$522Klikely range$1.4M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$840K
a year
Profit (EBITDA)
$276K
33% 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 $992K

Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.

5 employees × $177K each$886K
PPP payroll ÷ payroll's usual share of revenue$613K
Shown toward the top of its range×1.14
Revenue$840K
× 33% profit margin$276K
× 3.6 sale multiple = value$992K

· Own this business? Correct these figures

What we know

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

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)

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

What they do

Freeland Insurance, LLC is an Oklahoma City insurance agency that helps home, vehicle and business owners compare insurance quotes and offers financial services through licensed professionals.

Products & services
Auto InsuranceHome InsuranceCommercial InsuranceLife InsuranceHealth InsuranceFlood InsuranceUmbrella InsuranceNon Standard AutoFinancial ServicesInvestmentsRetirementDisability Insurance
Service area
OklahomaTexasKansasArizonaNew MexicoTennesseeGeorgiaFlorida

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Suppliers & brands

  • Metropolitan Life · brand it sells or installs
  • Prudential · brand it sells or installs
  • Gerber · brand it sells or installs
  • AXA · brand it sells or installs
  • Ohio National · brand it sells or installs
  • American Funds · brand it sells or installs
  • Voya · brand it sells or installs
  • Fidelity · brand it sells or installs
  • Mass Mutual · brand it sells or installs

Estimated value over time

▲ 30% since 2020
$0$571K$1.1M20202026

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
FREELAND INSURANCE, LLC
this business
$840K$276K—
ALLISON INSURANCE AGENCY, INC.
Oklahoma City · 3 employees
$958K$314K0.6 mi
CRANBY, INC.
Mustang · 1 employees
$347K$133K0.9 mi
Farmers Insurance - William Briggs
Oklahoma City
$806K$310K1.2 mi
VON TUNGELN INSURANCE AGENCY LLC
Mustang · 3 employees
$684K$263K1.3 mi
Farmers Insurance - Peyton Egleston
Mustang
$806K$310K1.3 mi
Ann Smith - State Farm
Mustang
$806K$310K2.4 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$886K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$613K
Estimate: the two combined (geometric mean)$840K
EBITDA margin (industry, adjusted for size)33%
EBITDA = revenue × margin$276K

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$992K
Multiple for this size and industry3.6×
Value range$522K – $1.4M
Revenue range$553K – $958K
EBITDA range$181K – $314K
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

Founded 2006
“Freeland Insurance Inc was established in 2006, and is locally owned and operated.”

Leadership

  • CF
    Chris Freeland
    Financial Professional · Company website · source
  • JH
    Jenny Halpainy
    Commercial Lines Manager · Company website · source
  • PM
    Preston McCone
    Personal Lines Manager · Company website · source
  • CG
    Cindy Gonzalez Lara
    Commercial Account Manager · Company website · source
  • AL
    Amy L Turner
    Commercial Insurance Agent · Company website · source

Advisors

  • BankingValliance Bank, Accion Opportunity Fund Community DevelopmentPPP / 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

Accion Opportunity Fund Community Development
7(a) 2026
View →
Valliance Bank
7(a) 2021, PPP 2020
All 439 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$27K$27K5Valliance Bank

2 locations

6017 SHILOH BLVDOklahoma CityThis listing
8524 S Western AveOklahoma CityView

Revenue, profit and value are for the whole company.

Public records

SBA loans
2 since 2020
Mar 20267(a)$350KAccion Opportunity Fund Community Development
Jul 20217(a)$284KValliance Bank

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

About Freeland Insurance, LLC

Freeland Insurance, LLC is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2006. Its estimated annual revenue is about $840K, with roughly $276K of EBITDA. It has about 5 employees. Its estimated business value is $992K (likely range $522K–$1.4M). It has 2 locations.

Common questions

Who owns Freeland Insurance, LLC?
The owner of Freeland Insurance, LLC 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 Freeland Insurance, LLC make?
SeeBITDA estimates Freeland Insurance, LLC's annual revenue at about $840K (likely between $553K and $958K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Freeland Insurance, LLC worth?
About $992K, roughly 3.6× its estimated EBITDA of $276K, typical for a insurance agencies company its size. Likely range: $522K–$1.4M.
How many employees does Freeland Insurance, LLC have?
About 5, as reported on its PPP loan.
When was Freeland Insurance, LLC founded?
Freeland Insurance, LLC has been in business since 2006.