Gammill Insurance Agency LLC
How we got $337K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
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.
What they do
Gammill Insurance Agency LLC is a crop insurance agency in Grandfield, Oklahoma that offers crop, wheat and cotton crop insurance plans for farm owners and producers in the area.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- VAN DER LAAN DAIRY · Frederick, 29 mi · $22.8M
- PREMIUM BEEF FEEDERS, LLC · Lone Wolf, 63 mi · $7.6M
- N&K FARMS, INC. · Altus, 44 mi · $7.0M
- STEWART FARMS LLC · Ringling, 61 mi · $5.8M
- TREADWELL LAND & CATTLE LLC · Frederick, 20 mi · $5.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GAMMILL INSURANCE AGENCY LLC this business | $292K | — |
| Coody Insurance Grandfield | $815K | 0.1 mi |
| Humble Insurance Agency Grandfield | $815K | 0.3 mi |
| C & B INSURANCE AGENCY INC Frederick · 6 employees | $1.1M | 21.6 mi |
| CARRS INSURANCE AGENCY, LLC Frederick · 3 employees | $752K | 21.6 mi |
| Bob Bagwell Insurance Frederick | $815K | 21.7 mi |
| LRP Experts - US Ag Insurance LLC Frederick | $815K | 21.9 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $208K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $317K |
| Estimate: the two combined (geometric mean) | $292K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $112K |
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 | $337K |
| Multiple for this size and industry | 3× |
| Value range | $177K – $461K |
| Revenue range | $192K – $333K |
| EBITDA range | $74K – $128K |
| 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
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $11K | 1 |
| 2/20/2021 | second | $14K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gammill Insurance Agency LLC
Gammill Insurance Agency LLC is an insurance agencies company in Grandfield, Oklahoma, in business since 2002. It is owned by David Gammill (Agent). Its estimated annual revenue is about $292K, with roughly $112K of EBITDA. It has about 1 employees. Its estimated business value is $337K (likely range $177K–$461K).
Common questions
- Who owns Gammill Insurance Agency LLC?
- Gammill Insurance Agency LLC is owned by David Gammill (Agent), according to public sources such as the company's website or filings.
- How much revenue does Gammill Insurance Agency LLC make?
- SeeBITDA estimates Gammill Insurance Agency LLC's annual revenue at about $292K (likely between $192K and $333K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gammill Insurance Agency LLC worth?
- About $337K, roughly 3× its estimated EBITDA of $112K, typical for a insurance agencies company its size. Likely range: $177K–$461K.
- How many employees does Gammill Insurance Agency LLC have?
- About 1, as reported on its PPP loan.
- When was Gammill Insurance Agency LLC founded?
- Gammill Insurance Agency LLC has been in business since 2002.