SeeBITDAOklahoma

Grand Lake Insurance, Inc

  • 1006 S MAIN ST, Grove, OK
Estimated valueMedium confidence
$721K
$380Klikely range$987K
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$625K
a year
Profit (EBITDA)
$240K
38% of revenue
Employees
2
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $721K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $208K each$415K
PPP payroll ÷ payroll's usual share of revenue$724K
Shown toward the top of its range×1.14
Revenue$625K
× 38% profit margin$240K
× 3 sale multiple = value$721K

· Own this business? Correct these figures

What we know

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

Estimated value over time

▲ 30% since 2020
$0$415K$829K20202026

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
GRAND LAKE INSURANCE, INC
this business
$625K$240K—
AAA Grove - Insurance/Membership Only
Grove
$806K$310K0.0 mi
STONHAVEN INSURANCE LLC
Grove · 6 employees
$1.4M$444K0.0 mi
Insurica Grove
Grove
$806K$310K0.1 mi
Shelter Insurance
Grove
$806K$310K0.1 mi
LINN INSURANCE AGENCY LLC
Grove · 7 employees
$1.1M$362K0.1 mi
TEEL-LANE INSURANCE AGENCY, LLC
Grove · 3 employees
$669K$257K0.3 mi

The full calculation

Employees reported to the SBA2
Revenue from headcount (employees × revenue per employee for companies this size)$415K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$724K
Estimate: the two combined (geometric mean)$625K
EBITDA margin (industry, adjusted for size)38%
EBITDA = revenue × margin$240K

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$721K
Multiple for this size and industry3×
Value range$380K – $987K
Revenue range$411K – $713K
EBITDA range$158K – $274K
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

Advisors

  • BankingGrand Savings 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

Grand Savings Bank
PPP 2020, PPP 2021
All 196 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$25K$25K2Grand Savings Bank
2/14/2021second$11K$11K2Grand Savings Bank

About Grand Lake Insurance, Inc

Grand Lake Insurance, Inc is an insurance agencies company in Grove, Oklahoma. Its estimated annual revenue is about $625K, with roughly $240K of EBITDA. It has about 2 employees. Its estimated business value is $721K (likely range $380K–$987K).

Common questions

Who owns Grand Lake Insurance, Inc?
The owner of Grand Lake Insurance, 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 Grand Lake Insurance, Inc make?
SeeBITDA estimates Grand Lake Insurance, Inc's annual revenue at about $625K (likely between $411K and $713K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Grand Lake Insurance, Inc worth?
About $721K, roughly 3× its estimated EBITDA of $240K, typical for a insurance agencies company its size. Likely range: $380K–$987K.
How many employees does Grand Lake Insurance, Inc have?
About 2, as reported on its PPP loan.