Jim Rider Insurance Inc
How we got $592K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JIM RIDER INSURANCE INC this business | $513K | — |
| Hinson Insurance Seminole | $2.4M | 0.3 mi |
| Williamson Insurance Agency Seminole | $815K | 0.5 mi |
| State Farm Seminole | $815K | 1.6 mi |
| Megan Vermillion Seminole | $815K | 1.6 mi |
| Sullivan Dollar Agency Seminole | $815K | 1.7 mi |
| SEMINOLE AGENTS, INC Seminole · 5 employees | $1.2M | 1.7 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) | $487K |
| Estimate: the two combined (geometric mean) | $513K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $197K |
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 | $592K |
| Multiple for this size and industry | 3× |
| Value range | $311K – $810K |
| Revenue range | $337K – $585K |
| EBITDA range | $130K – $225K |
| 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
- 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 Roles are as stated there and may be out of date.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 2021 | 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 |
|---|---|---|---|
| 4/21/2021 | first | $16K | 2 |
About Jim Rider Insurance Inc
Jim Rider Insurance Inc is an insurance agencies company in Seminole, Oklahoma. Its estimated annual revenue is about $513K, with roughly $197K of EBITDA. It has about 2 employees. Its estimated business value is $592K (likely range $311K–$810K).
Common questions
- Who owns Jim Rider Insurance Inc?
- The owner of Jim Rider Insurance 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 Rider Insurance Inc make?
- SeeBITDA estimates Jim Rider Insurance Inc's annual revenue at about $513K (likely between $337K and $585K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jim Rider Insurance Inc worth?
- About $592K, roughly 3× its estimated EBITDA of $197K, typical for a insurance agencies company its size. Likely range: $311K–$810K.
- How many employees does Jim Rider Insurance Inc have?
- About 2, as reported on its PPP loan.