Heather Cottrill Insurance & Financial Services
How we got $1.2M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Heather Cottrill is a State Farm insurance agent in Tulsa, OK, offering auto, home, renters, business, life and other insurance, with the office also listing banking and investment products. The agency says it serves individuals and families across the Tulsa region and Oklahoma.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
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
▲ 33% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $1.1M |
| 2025 | Form 5500 | 8 | $1.4M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HEATHER COTTRILL INSURANCE & FINANCIAL SERVICES this business | $1.0M | — |
| CMC INSURANCE SERVICES LLC Tulsa · 1 employees | $244K | 0.3 mi |
| Leisure Insurance Group Tulsa | $806K | 0.4 mi |
| American Fidelity Assurance Company Tulsa | $806K | 0.4 mi |
| Farmers Insurance - Todd Gillett Tulsa | $806K | 0.4 mi |
| Liptak Agency - Arturo & JoDee Liptak Tulsa | $806K | 0.8 mi |
| Morton Insurance Tulsa | $806K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $726K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $329K |
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 | $1.2M |
| Multiple for this size and industry | 3.6× |
| Value range | $623K – $1.6M |
| Revenue range | $659K – $1.1M |
| EBITDA range | $216K – $375K |
| 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
“Since 1997, I have had the privilege of working with individuals and families across our region, and together, my team brings more than 80 years of combined experience to everyone who reaches out to us.”
Leadership
- HCHeather CottrillState Farm Insurance Agent · Company website · source
- CGCandice GarmanOffice Manager · Company website · source
- SSSue SanchezAccount Manager · Company website · source
- PCPhillip CordovaInsurance Account Representative · Company website · source
- MSMeredith SmithCustomer Service Representative · Company website · source
- HCHolly CummingsMarketing Associate · Company website · source
- CHCassie HornerCustomer Service Manager · Company website · source
Advisors
- BankingFirst Oklahoma 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
| First Oklahoma Bank PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $32K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heather Cottrill Insurance & Financial Services
Heather Cottrill Insurance & Financial Services is an insurance agencies company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $1.0M, with roughly $329K of EBITDA. It has about 8 employees. Its estimated business value is $1.2M (likely range $623K–$1.6M).
Common questions
- Who owns Heather Cottrill Insurance & Financial Services?
- The owner of Heather Cottrill Insurance & Financial Services 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 Heather Cottrill Insurance & Financial Services make?
- SeeBITDA estimates Heather Cottrill Insurance & Financial Services's annual revenue at about $1.0M (likely between $659K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heather Cottrill Insurance & Financial Services worth?
- About $1.2M, roughly 3.6× its estimated EBITDA of $329K, typical for a insurance agencies company its size. Likely range: $623K–$1.6M.
- How many employees does Heather Cottrill Insurance & Financial Services have?
- About 8, from its 2025 retirement-plan filing.
- When was Heather Cottrill Insurance & Financial Services founded?
- Heather Cottrill Insurance & Financial Services has been in business since 1997.