Ian Cronkhite Agency, Inc
How we got $412K
Based on its 2 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 |
|---|---|---|
| IAN CRONKHITE AGENCY, INC this business | $357K | — |
| Shelter Insurance - Mark Pemberton Del City | $806K | 0.0 mi |
| Monte Ubeda: Allstate Insurance Del City | $806K | 0.1 mi |
| OKLAHOMA ELITE INSURANCE INC Oklahoma City · 7 employees | $1.6M | 0.1 mi |
| One Stop Insurance Agency Del City | $806K | 0.4 mi |
| Farmers Insurance - Andrew Pearson Del City | $806K | 0.6 mi |
| Jones Family Insurance Del City | $806K | 0.8 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) | $237K |
| Estimate: the two combined (geometric mean) | $357K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $137K |
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 | $412K |
| Multiple for this size and industry | 3× |
| Value range | $217K – $564K |
| Revenue range | $235K – $407K |
| EBITDA range | $90K – $157K |
| 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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $8K | 2 |
About Ian Cronkhite Agency, Inc
Ian Cronkhite Agency, Inc is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $357K, with roughly $137K of EBITDA. It has about 2 employees. Its estimated business value is $412K (likely range $217K–$564K).
Common questions
- Who owns Ian Cronkhite Agency, Inc?
- The owner of Ian Cronkhite 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 Ian Cronkhite Agency, Inc make?
- SeeBITDA estimates Ian Cronkhite Agency, Inc's annual revenue at about $357K (likely between $235K and $407K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ian Cronkhite Agency, Inc worth?
- About $412K, roughly 3× its estimated EBITDA of $137K, typical for a insurance agencies company its size. Likely range: $217K–$564K.
- How many employees does Ian Cronkhite Agency, Inc have?
- About 2, as reported on its PPP loan.