Hagar State Farm Agency LLC
How we got $3.4M
Based on its 10 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HAGAR STATE FARM AGENCY LLC this business | $2.6M | — |
| Brent Hagar Jenks | $815K | 0.0 mi |
| KYLE DOKE INSURANCE AGENCY LLC Jenks · 4 employees | $695K | 0.1 mi |
| ATI INSURANCE GROUP INC Jenks · 56 employees | $18.9M | 0.2 mi |
| Klein Legacy Group Jenks | $815K | 0.2 mi |
| Farmers Insurance - Brandon Morton Jenks | $815K | 0.2 mi |
| SMITH FAMILY AGENCY LLC Jenks · 5 employees | $956K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $757K |
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 | $3.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.8M – $4.7M |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $498K – $863K |
| 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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 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 | $108K | 10 |
About Hagar State Farm Agency LLC
Hagar State Farm Agency LLC is an insurance agencies company in Jenks, Oklahoma. Its estimated annual revenue is about $2.6M, with roughly $757K of EBITDA. It has about 10 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.7M).
Common questions
- Who owns Hagar State Farm Agency LLC?
- The owner of Hagar State Farm Agency LLC 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 Hagar State Farm Agency LLC make?
- SeeBITDA estimates Hagar State Farm Agency LLC's annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hagar State Farm Agency LLC worth?
- About $3.4M, roughly 4.5× its estimated EBITDA of $757K, typical for a insurance agencies company its size. Likely range: $1.8M–$4.7M.
- How many employees does Hagar State Farm Agency LLC have?
- About 10, as reported on its PPP loan.