Heritage Insurance Agency Inc.
How we got $259K
Based on its 1 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 |
|---|---|---|
| HERITAGE INSURANCE AGENCY INC. this business | $224K | — |
| GRAY INSURANCE AGENCY Oklahoma City · 2 employees | $473K | 0.0 mi |
| Armstrong Insurance Service Oklahoma City | $806K | 0.1 mi |
| Growth Oklahoma City | $806K | 0.1 mi |
| Healthmarkets Insurance - Curtis Alan Mcmichael Oklahoma City | $806K | 0.1 mi |
| Healthmarkets Insurance - Dylan Anthony Gibson Oklahoma City | $1.6M | 0.1 mi |
| Farmers Insurance - Kathryn Sorrell Oklahoma City | $806K | 0.1 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) | $186K |
| Estimate: the two combined (geometric mean) | $224K |
| 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 | $259K |
| Multiple for this size and industry | 3× |
| Value range | $136K – $354K |
| Revenue range | $147K – $256K |
| EBITDA range | $57K – $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
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $6K | 1 |
About Heritage Insurance Agency Inc.
Heritage Insurance Agency Inc. is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $224K, with roughly $86K of EBITDA. It has about 1 employees. Its estimated business value is $259K (likely range $136K–$354K).
Common questions
- Who owns Heritage Insurance Agency Inc.?
- The owner of Heritage 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 Heritage Insurance Agency Inc. make?
- SeeBITDA estimates Heritage Insurance Agency Inc.'s annual revenue at about $224K (likely between $147K and $256K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heritage Insurance Agency Inc. worth?
- About $259K, roughly 3× its estimated EBITDA of $86K, typical for a insurance agencies company its size. Likely range: $136K–$354K.
- How many employees does Heritage Insurance Agency Inc. have?
- About 1, as reported on its PPP loan.