Herb Weaver Insurance Agency, Inc.
How we got $1.6M
Based on its 6 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 |
|---|---|---|
| HERB WEAVER INSURANCE AGENCY, INC. this business | $1.5M | — |
| Trail's End Risk Collinsville | $815K | 0.1 mi |
| Farmers Insurance Agent-Brian Worsham Collinsville | $815K | 0.1 mi |
| Steve Doss Collinsville | $815K | 0.1 mi |
| Hometown Insurance Collinsville OK Collinsville | $815K | 0.2 mi |
| Schultheiss Insurance Collinsville | $815K | 0.3 mi |
| Farmers Insurance - Steve Doss Collinsville | $815K | 0.4 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) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $454K |
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 | $1.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $861K – $2.2M |
| Revenue range | $1.0M – $1.7M |
| EBITDA range | $299K – $518K |
| 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
- BankingAmerican Bank of 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 Roles are as stated there and may be out of date.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
| American Bank of Oklahoma PPP 2020 | All 137 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $73K | 6 |
About Herb Weaver Insurance Agency, Inc.
Herb Weaver Insurance Agency, Inc. is an insurance agencies company in Collinsville, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $454K of EBITDA. It has about 6 employees. Its estimated business value is $1.6M (likely range $861K–$2.2M).
Common questions
- Who owns Herb Weaver Insurance Agency, Inc.?
- The owner of Herb Weaver 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 Herb Weaver Insurance Agency, Inc. make?
- SeeBITDA estimates Herb Weaver Insurance Agency, Inc.'s annual revenue at about $1.5M (likely between $1.0M and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Herb Weaver Insurance Agency, Inc. worth?
- About $1.6M, roughly 3.6× its estimated EBITDA of $454K, typical for a insurance agencies company its size. Likely range: $861K–$2.2M.
- How many employees does Herb Weaver Insurance Agency, Inc. have?
- About 6, as reported on its PPP loan.