Jim Holmes Insurance Agency, Inc
How we got $1.6M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 70 years (since 1956)
From public records and the company's website, not a statement that it's for sale.
What they do
Jim Holmes Insurance is an independent insurance agency in Norman, Oklahoma that compares coverage from multiple insurance companies for individuals, families, and businesses. It states it has served Oklahoma families and businesses since 1956.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JIM HOLMES INSURANCE AGENCY, INC this business | $1.5M | — |
| AAA Oklahoma - Norman Main Street Norman | $815K | 0.1 mi |
| Garner Insurance Norman | $815K | 0.2 mi |
| Webster Cheap Car Insurance Norman OK Norman | $815K | 0.2 mi |
| DAVID RITTER INSURANCE AGENCY, INC Norman · 1 employees | $172K | 0.2 mi |
| Farmers Insurance - Toni Williams Norman | $815K | 0.3 mi |
| STONE INSURANCE EDUCATION, LLC Norman · 2 employees | $756K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $442K |
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 | $1.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $838K – $2.2M |
| Revenue range | $980K – $1.7M |
| EBITDA range | $291K – $504K |
| 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
“Jim Holmes Insurance has proudly served Oklahoma families and businesses since 1956.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $46K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jim Holmes Insurance Agency, Inc
Jim Holmes Insurance Agency, Inc is a family-owned insurance agencies company in Norman, Oklahoma, in business since 1956. Its estimated annual revenue is about $1.5M, with roughly $442K of EBITDA. It has about 9 employees. Its estimated business value is $1.6M (likely range $838K–$2.2M).
Common questions
- Who owns Jim Holmes Insurance Agency, Inc?
- The owner of Jim Holmes Insurance 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 Jim Holmes Insurance Agency, Inc make?
- SeeBITDA estimates Jim Holmes Insurance Agency, Inc's annual revenue at about $1.5M (likely between $980K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jim Holmes Insurance Agency, Inc worth?
- About $1.6M, roughly 3.6× its estimated EBITDA of $442K, typical for a insurance agencies company its size. Likely range: $838K–$2.2M.
- How many employees does Jim Holmes Insurance Agency, Inc have?
- About 9, as reported on its PPP loan.
- When was Jim Holmes Insurance Agency, Inc founded?
- Jim Holmes Insurance Agency, Inc has been in business since 1956.