Great Plains Insurance, LLC
How we got $505K
Based on its 2 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
What they do
Great Plains Insurance is a personal and commercial insurance broker in Enid, Oklahoma, offering quotes across multiple carriers for personal and business coverage. It serves the Enid community and surrounding areas.
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.
- CIMARRON CASINO ENTERPRISE · Perkins, 56 mi · $82.4M
- 7 CLANS PARADISE CASINO · Red Rock, 46 mi · $41.0M
- PONCA ENTERPRISE GAMING, LLC · Perry, 36 mi · $26.7M
- SHIVAM HOTEL LLC · Edmond, 60 mi · $25.9M
- OTOE MISSOURIA DEVELOPMENT AUTHORITY · Newkirk, 60 mi · $25.4M
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 60 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 60 mi · $67.8M
- CB RESTAURANTS, INC. · Oklahoma City, 59 mi · $53.9M
- MAGNUM FOODS, INC. · Oklahoma City, 65 mi · $43.1M
- O&M TB, LLC · Oklahoma City, 65 mi · $39.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GREAT PLAINS INSURANCE, LLC this business | $438K | — |
| THE INSURANCE MAN, INC. Enid · 11 employees | $2.5M | 0.8 mi |
| TIM DICKSON INSURANCE AGENCY, LLC Enid · 3 employees | $729K | 0.8 mi |
| Garfield County Farm Bureau Enid | $104K | 0.8 mi |
| SCATES AGENCY, INC. Enid · 3 employees | $889K | 0.9 mi |
| Farmers Insurance - Clay Croasdale Enid | $815K | 0.9 mi |
| Discount Car Insurance | Lowered Rates of Enid Enid | $815K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| 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) | $355K |
| Estimate: the two combined (geometric mean) | $438K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $168K |
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 | $505K |
| Multiple for this size and industry | 3× |
| Value range | $266K – $691K |
| Revenue range | $288K – $499K |
| EBITDA range | $111K – $192K |
| 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
- BankingACB 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
| ACB Bank PPP 2020 | All 79 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 | $12K | 2 |
2 locations
| 3517 N VAN BUREN BYP | Enid | This listing |
| 106 E Broadway St | Anadarko | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Great Plains Insurance, LLC
Great Plains Insurance, LLC is an insurance agencies company in Enid, Oklahoma, in business since 2018. It is owned by Dusty Seiger (Founder). Its estimated annual revenue is about $438K, with roughly $168K of EBITDA. It has about 2 employees. Its estimated business value is $505K (likely range $266K–$691K). It has 2 locations.
Common questions
- Who owns Great Plains Insurance, LLC?
- Great Plains Insurance, LLC is owned by Dusty Seiger (Founder), according to public sources such as the company's website or filings.
- How much revenue does Great Plains Insurance, LLC make?
- SeeBITDA estimates Great Plains Insurance, LLC's annual revenue at about $438K (likely between $288K and $499K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Great Plains Insurance, LLC worth?
- About $505K, roughly 3× its estimated EBITDA of $168K, typical for a insurance agencies company its size. Likely range: $266K–$691K.
- How many employees does Great Plains Insurance, LLC have?
- About 2, as reported on its PPP loan.
- When was Great Plains Insurance, LLC founded?
- Great Plains Insurance, LLC has been in business since 2018.