Greg Ellis Insurance Agency, Inc.
How we got $2.9M
Based on its 9 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
▲ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $1.6M |
| 2022 | Form 5500 | 7 | $1.3M |
| 2023 | Form 5500 | 8 | $1.4M |
| 2024 | Form 5500 | 10 | $1.8M |
| 2025 | Form 5500 | 10 | $1.8M |
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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GREG ELLIS INSURANCE AGENCY, INC. this business | $2.2M | — |
| State Farm Norman | $815K | 0.0 mi |
| Greg Ellis - State Farm Norman | $815K | 0.0 mi |
| GLOBAL DEALER SERVICES, LLC Norman · 7 employees | $1.7M | 0.0 mi |
| Kellen Crawford: Allstate Insurance Norman | $815K | 0.0 mi |
| Aflac Norman | $815K | 0.3 mi |
| MOXLEY & ASSOCIATES CONSULTING, LLC Norman · 2 employees | $529K | 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) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $644K |
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 | $2.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.5M – $4.0M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $423K – $734K |
| 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
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $98K | 9 |
About Greg Ellis Insurance Agency, Inc.
Greg Ellis Insurance Agency, Inc. is an insurance agencies company in Norman, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $644K of EBITDA. It has about 10 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M).
Common questions
- Who owns Greg Ellis Insurance Agency, Inc.?
- The owner of Greg Ellis Insurance 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 Greg Ellis Insurance Agency, Inc. make?
- SeeBITDA estimates Greg Ellis Insurance Agency, Inc.'s annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Greg Ellis Insurance Agency, Inc. worth?
- About $2.9M, roughly 4.5× its estimated EBITDA of $644K, typical for a insurance agencies company its size. Likely range: $1.5M–$4.0M.
- How many employees does Greg Ellis Insurance Agency, Inc. have?
- About 10, from its 2025 retirement-plan filing.