Hg Insurance & Bonds, LLC
How we got $566K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| HG INSURANCE & BONDS, LLC this business | $491K | — |
| Rockgate Financial Group Oklahoma City | $806K | 0.0 mi |
| MaryJane Insurance & Consulting Oklahoma City | $806K | 0.1 mi |
| Globe Life American Income Division: Rotolo Organization Oklahoma City | $806K | 0.1 mi |
| Reyna Brown Insurance- Oklahoma Oklahoma City | $806K | 0.1 mi |
| NIEMANN AND ASSOCIATES, LLC Oklahoma City · 148 employees | $64.6M | 0.1 mi |
| Gallagher Benefit: Jerry Roberts Oklahoma City | $806K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $491K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $189K |
| Cross-check: revenue implied by PPP payroll | $1.5M |
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 | $566K |
| Multiple for this size and industry | 3× |
| Value range | $268K – $804K |
| Revenue range | $290K – $581K |
| EBITDA range | $112K – $223K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $50K | 2 |
About Hg Insurance & Bonds, LLC
Hg Insurance & Bonds, LLC is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $491K, with roughly $189K of EBITDA. It has about 2 employees. Its estimated business value is $566K (likely range $268K–$804K).
Common questions
- Who owns Hg Insurance & Bonds, LLC?
- The owner of Hg Insurance & Bonds, 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 Hg Insurance & Bonds, LLC make?
- SeeBITDA estimates Hg Insurance & Bonds, LLC's annual revenue at about $491K (likely between $290K and $581K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hg Insurance & Bonds, LLC worth?
- About $566K, roughly 3× its estimated EBITDA of $189K, typical for a insurance agencies company its size. Likely range: $268K–$804K.
- How many employees does Hg Insurance & Bonds, LLC have?
- About 2, as reported on its PPP loan.