Hopkin & Associates Inc.
How we got $357K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 25% since 2021Today'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 |
|---|---|---|
| HOPKIN & ASSOCIATES INC. this business | $309K | — |
| J. BRUNS INSURANCE LLC Edmond · 2 employees | $432K | 0.3 mi |
| FAMILY & FARM FINANCIAL SERVICES, INC. Guthrie · 1 employees | $211K | 1.1 mi |
| J. NICHOLS & COMPANY, INC. Edmond · 3 employees | $1.0M | 2.3 mi |
| 3BI INC Edmond · 1 employees | $265K | 2.9 mi |
| Cory Edward Graham - 121 E Waterloo Rd Edmond | $815K | 2.9 mi |
| Farmers Insurance - Cory Graham Edmond | $815K | 2.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $415K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $177K |
| Estimate: the two combined (geometric mean) | $309K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $119K |
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 | $357K |
| Multiple for this size and industry | 3× |
| Value range | $188K – $488K |
| Revenue range | $203K – $353K |
| EBITDA range | $78K – $136K |
| 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
History & advisors
Advisors
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/12/2021 | first | $6K | 2 |
About Hopkin & Associates Inc.
Hopkin & Associates Inc. is an insurance agencies company in Edmond, Oklahoma. Its estimated annual revenue is about $309K, with roughly $119K of EBITDA. It has about 2 employees. Its estimated business value is $357K (likely range $188K–$488K).
Common questions
- Who owns Hopkin & Associates Inc.?
- The owner of Hopkin & Associates 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 Hopkin & Associates Inc. make?
- SeeBITDA estimates Hopkin & Associates Inc.'s annual revenue at about $309K (likely between $203K and $353K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hopkin & Associates Inc. worth?
- About $357K, roughly 3× its estimated EBITDA of $119K, typical for a insurance agencies company its size. Likely range: $188K–$488K.
- How many employees does Hopkin & Associates Inc. have?
- About 2, as reported on its PPP loan.