Harold Gleason Insurance Agency
How we got $1.4M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HAROLD GLEASON INSURANCE AGENCY this business | $1.2M | — |
| DOBRINSKI INSURANCE AGENCY LLC Thomas · 2 employees | $379K | 0.0 mi |
| Brad Stinson Agency Thomas | $815K | 0.1 mi |
| MCGUIRE INSURANCE LLC Thomas · 1 employees | $190K | 0.2 mi |
| CROP MANAGEMENT SOLUTIONS LLC Weatherford · 1 employees | $408K | 15.1 mi |
| JACKIE DICKERSON, LLC Weatherford · 2 employees | $415K | 15.2 mi |
| DEBBIE SHEPHERD INSURANCE AGENCY, INC. Weatherford · 4 employees | $1.1M | 15.2 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $876K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $390K |
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 | $1.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $739K – $1.9M |
| Revenue range | $782K – $1.4M |
| EBITDA range | $257K – $445K |
| 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
- BankingThe Bank of the West, Bank of Western OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| Bank of Western Oklahoma PPP 2021 | All 200 borrowers → |
| The Bank of the West PPP 2020, PPP 2021 | All 56 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $38K | 6 |
| 1/16/2021 | first | $21K | 1 |
| 1/21/2021 | second | $38K | 7 |
About Harold Gleason Insurance Agency
Harold Gleason Insurance Agency is an insurance agencies company in Thomas, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $390K of EBITDA. It has about 7 employees. Its estimated business value is $1.4M (likely range $739K–$1.9M).
Common questions
- Who owns Harold Gleason Insurance Agency?
- The owner of Harold Gleason Insurance Agency 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 Harold Gleason Insurance Agency make?
- SeeBITDA estimates Harold Gleason Insurance Agency's annual revenue at about $1.2M (likely between $782K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Harold Gleason Insurance Agency worth?
- About $1.4M, roughly 3.6× its estimated EBITDA of $390K, typical for a insurance agencies company its size. Likely range: $739K–$1.9M.
- How many employees does Harold Gleason Insurance Agency have?
- About 7, as reported on its PPP loan.