Glenn Harris & Associates, Inc
How we got $9.5M
Based on its 23 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.
Employees over time
▲ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $4.1M |
| 2020 | Form 5500 | 23 | $4.1M |
| 2021 | Form 5500 | 23 | $4.1M |
| 2022 | Form 5500 | 24 | $4.3M |
| 2023 | Form 5500 | 26 | $4.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GLENN HARRIS & ASSOCIATES, INC this business | $7.4M | — |
| Farmers Insurance - Chris Davis Oklahoma City | $815K | 0.0 mi |
| EMERALD CLAIMS MANAGEMENT LLC Oklahoma City · 2 employees | $682K | 0.1 mi |
| CENTRAL PLAINS UNDERWRITERS LLC Oklahoma City · 1 employees | $408K | 0.2 mi |
| Employers National Insurance Company Oklahoma City | $815K | 0.2 mi |
| Directmedsup Oklahoma City | $815K | 0.2 mi |
| Alliant Insurance Services, Inc. Oklahoma City | $2.5M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.6M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $1.8M |
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 | $9.5M |
| Multiple for this size and industry | 5.4× |
| Value range | $5.0M – $13.0M |
| Revenue range | $4.9M – $8.4M |
| EBITDA range | $1.2M – $2.0M |
| 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
- BankingSovereign 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
| Sovereign Bank 7(a) 2022, PPP 2020 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $292K | 23 |
2 locations
| 13800 Quail Pointe Dr | Oklahoma City | This listing |
| 6931 S 66th East Ave | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
| Aug 2022 | 7(a) | $2.5M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Glenn Harris & Associates, Inc
Glenn Harris & Associates, Inc is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1996. It is owned by Glenn S. Harris (Principal). Its estimated annual revenue is about $7.4M, with roughly $1.8M of EBITDA. It has about 26 employees. Its estimated business value is $9.5M (likely range $5.0M–$13.0M). It has 2 locations.
Common questions
- Who owns Glenn Harris & Associates, Inc?
- Glenn Harris & Associates, Inc is owned by Glenn S. Harris (Principal), according to public sources such as the company's website or filings.
- How much revenue does Glenn Harris & Associates, Inc make?
- SeeBITDA estimates Glenn Harris & Associates, Inc's annual revenue at about $7.4M (likely between $4.9M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Glenn Harris & Associates, Inc worth?
- About $9.5M, roughly 5.4× its estimated EBITDA of $1.8M, typical for a insurance agencies company its size. Likely range: $5.0M–$13.0M.
- How many employees does Glenn Harris & Associates, Inc have?
- About 26, from its 2023 retirement-plan filing.
- When was Glenn Harris & Associates, Inc founded?
- Glenn Harris & Associates, Inc has been in business since 1996.