Heartland Insurance Solutions, LLC
How we got $258K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Heartland Insurance Solutions offers Medicare, health, life, dental, vision and supplemental insurance coverage guidance, led by agent Jason Smith, who says he has over 20 years of experience. It is licensed in Oklahoma and Texas.
From the company's website. Industry: Insurance agencies.
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 |
|---|---|---|
| HEARTLAND INSURANCE SOLUTIONS, LLC this business | $223K | — |
| Rightway Insurance, LLC. Edmond | $806K | 0.0 mi |
| RIGHTWAY CONSULTING GROUP INC. Edmond · 6 employees | $1.2M | 0.1 mi |
| Nerissa Berry's Insurance Agency Oklahoma City | $806K | 0.2 mi |
| Blake Jordan Agency Edmond | $806K | 0.2 mi |
| VARDE INSURANCE GROUP Edmond · 3 employees | $674K | 0.2 mi |
| VICE CONSTRUCTION, INC. Edmond · 13 employees | $2.0M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $208K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $185K |
| Estimate: the two combined (geometric mean) | $223K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $86K |
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 | $258K |
| Multiple for this size and industry | 3× |
| Value range | $136K – $352K |
| Revenue range | $147K – $255K |
| EBITDA range | $56K – $98K |
| 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
- BankingChickasaw Community 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
| Chickasaw Community Bank PPP 2020 | All 317 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $6K | 1 |
2 locations
| 640 NW 150TH ST | Edmond | This listing |
| 4045 NW 64th St | Oklahoma City | 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 Heartland Insurance Solutions, LLC
Heartland Insurance Solutions, LLC is an insurance agencies company in Edmond, Oklahoma, in business since 2021. Its estimated annual revenue is about $223K, with roughly $86K of EBITDA. It has about 1 employees. Its estimated business value is $258K (likely range $136K–$352K). It has 2 locations.
Common questions
- Who owns Heartland Insurance Solutions, LLC?
- The owner of Heartland Insurance Solutions, 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 Heartland Insurance Solutions, LLC make?
- SeeBITDA estimates Heartland Insurance Solutions, LLC's annual revenue at about $223K (likely between $147K and $255K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heartland Insurance Solutions, LLC worth?
- About $258K, roughly 3× its estimated EBITDA of $86K, typical for a insurance agencies company its size. Likely range: $136K–$352K.
- How many employees does Heartland Insurance Solutions, LLC have?
- About 1, as reported on its PPP loan.
- When was Heartland Insurance Solutions, LLC founded?
- Heartland Insurance Solutions, LLC has been in business since 2021.