How we got $21.9M
Based on its 38 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.
Employees over time
▲ 84% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 38 | $6.8M |
| 2020 | Form 5500 | 45 | $8.1M |
| 2021 | Form 5500 | 52 | $9.3M |
| 2022 | Form 5500 | 54 | $9.7M |
| 2023 | Form 5500 | 63 | $11.3M |
| 2024 | Form 5500 | 70 | $12.5M |
| 2025 | Form 5500 | 70 | $12.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INSERVICES, LLC this business | $13.9M | — |
| DILLINGHAM GLOBAL, LLC Enid · 1 employees | $468K | 0.0 mi |
| David W. Grissett Enid | $806K | 0.3 mi |
| Discount Car Insurance | Lowered Rates of Enid Enid | $806K | 0.7 mi |
| SCATES AGENCY, INC. Enid · 3 employees | $889K | 0.8 mi |
| Farmers Insurance - Clay Croasdale Enid | $806K | 0.8 mi |
| MANNING INSURANCE, LLC Enid · 2 employees | $750K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.3M |
| Estimate: the two combined (geometric mean) | $13.9M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.3M |
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 | $21.9M |
| Multiple for this size and industry | 6.6× |
| Value range | $11.5M – $30.0M |
| Revenue range | $9.2M – $15.9M |
| EBITDA range | $2.2M – $3.8M |
| 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
- BankingWatermark 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
| Watermark Bank PPP 2020 | All 109 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $629K | 38 |
About Inservices, LLC
Inservices, LLC is an insurance agencies company in Enid, Oklahoma. Its estimated annual revenue is about $13.9M, with roughly $3.3M of EBITDA. It has about 70 employees. Its estimated business value is $21.9M (likely range $11.5M–$30.0M).
Common questions
- Who owns Inservices, LLC?
- The owner of Inservices, 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 Inservices, LLC make?
- SeeBITDA estimates Inservices, LLC's annual revenue at about $13.9M (likely between $9.2M and $15.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Inservices, LLC worth?
- About $21.9M, roughly 6.6× its estimated EBITDA of $3.3M, typical for a insurance agencies company its size. Likely range: $11.5M–$30.0M.
- How many employees does Inservices, LLC have?
- About 70, from its 2025 retirement-plan filing.