Garrison Agency, Inc
How we got $2.4M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 66 years (since 1960)
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 |
|---|---|---|
| GARRISON AGENCY, INC this business | $1.8M | — |
| Charles White - State Farm Insurance Agent Guymon | $806K | 0.1 mi |
| Huckins Insurance Corner Guymon | $806K | 0.1 mi |
| GONZALEZ AGENCY LLC Guymon · 2 employees | $611K | 0.2 mi |
| BROWN & ASSOCIATES INSURANCE, LLC Guymon · 7 employees | $1.3M | 0.2 mi |
| Migo Insurance Guymon, Oklahoma | $806K | 0.3 mi |
| Wayne Johnson - State Farm Insurance Agent Guymon | $806K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $544K |
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 | $2.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.3M – $3.4M |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $358K – $620K |
| 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
- BankingPanhandle First 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 Roles are as stated there and may be out of date.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
| Panhandle First Bank PPP 2020 | All 123 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 | $70K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Garrison Agency, Inc
Garrison Agency, Inc is an insurance agencies company in Guymon, Oklahoma, in business since 1960. Its estimated annual revenue is about $1.8M, with roughly $544K of EBITDA. It has about 9 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.4M).
Common questions
- Who owns Garrison Agency, Inc?
- The owner of Garrison Agency, 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 Garrison Agency, Inc make?
- SeeBITDA estimates Garrison Agency, Inc's annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garrison Agency, Inc worth?
- About $2.4M, roughly 4.5× its estimated EBITDA of $544K, typical for a insurance agencies company its size. Likely range: $1.3M–$3.4M.
- How many employees does Garrison Agency, Inc have?
- About 9, as reported on its PPP loan.
- When was Garrison Agency, Inc founded?
- Garrison Agency, Inc has been in business since 1960.