Jacob Insurance Agency
How we got $443K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Jacob Insurance Agency, a Farmers Insurance agent office in Oklahoma City, offers auto, home, renters, life, flood, commercial and financial services to customers in the area.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Farmers · brand it sells or installs
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 |
|---|---|---|
| JACOB INSURANCE AGENCY this business | $384K | — |
| Haleys Insurance Oklahoma City | $806K | 0.1 mi |
| ACTION PLUS INSURANCE Oklahoma City · 7 employees | $1.0M | 0.2 mi |
| Top Four Warr Acres | $806K | 0.7 mi |
| CURTIS MOORE, INC. Bethany · 2 employees | $556K | 0.9 mi |
| WARGIN-TORRES AND ASSOCIATES LLC Warr Acres · 1 employees | $332K | 0.9 mi |
| RODRIGUEZ INSURANCE AGENCY LLC Oklahoma City · 4 employees | $644K | 1.0 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) | $273K |
| Estimate: the two combined (geometric mean) | $384K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $148K |
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 | $443K |
| Multiple for this size and industry | 3× |
| Value range | $233K – $606K |
| Revenue range | $252K – $438K |
| EBITDA range | $97K – $168K |
| 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
- BankingCross River 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
| Cross River Bank PPP 2020, PPP 2021 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $9K | 2 |
| 2/19/2021 | second | $9K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jacob Insurance Agency
Jacob Insurance Agency is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1996. It is owned by Chacko Jacob (Farmers Insurance Agent). Its estimated annual revenue is about $384K, with roughly $148K of EBITDA. It has about 2 employees. Its estimated business value is $443K (likely range $233K–$606K).
Common questions
- Who owns Jacob Insurance Agency?
- Jacob Insurance Agency is owned by Chacko Jacob (Farmers Insurance Agent), according to public sources such as the company's website or filings.
- How much revenue does Jacob Insurance Agency make?
- SeeBITDA estimates Jacob Insurance Agency's annual revenue at about $384K (likely between $252K and $438K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jacob Insurance Agency worth?
- About $443K, roughly 3× its estimated EBITDA of $148K, typical for a insurance agencies company its size. Likely range: $233K–$606K.
- How many employees does Jacob Insurance Agency have?
- About 2, as reported on its PPP loan.
- When was Jacob Insurance Agency founded?
- Jacob Insurance Agency has been in business since 1996.