Jim Spencer Agency, Inc
How we got $575K
Based on 2 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| JIM SPENCER AGENCY, INC this business | $584K | — |
| Wendy Gail Barnes - 101 S Broadway St Tecumseh | $815K | 0.4 mi |
| Tecumseh Tag Agency Tecumseh | $815K | 0.4 mi |
| Oklahoma Farm Bureau Insurance Tecumseh | $815K | 0.5 mi |
| Toby Blaylock: Allstate Insurance Shawnee | $815K | 4.7 mi |
| Navigating Medicare Shawnee Shawnee | $815K | 4.7 mi |
| Clint Pletcher Bail Bonds Shawnee | $949K | 4.9 mi |
Ranges & sources
| Revenue range | $438K – $759K |
| EBITDA range | $144K – $249K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
| Value range | $345K – $896K |
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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $15K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jim Spencer Agency, Inc
Jim Spencer Agency, Inc is an insurance agencies company in Tecumseh, Oklahoma, in business since 2021. It is owned by Jim Spencer Jr (Founder). Its estimated annual revenue is about $584K, with roughly $192K of EBITDA. It has about 2 employees. Its estimated business value is $575K (likely range $345K–$896K).
Common questions
- Who owns Jim Spencer Agency, Inc?
- Jim Spencer Agency, Inc is owned by Jim Spencer Jr (Founder), according to public sources such as the company's website or filings.
- How much revenue does Jim Spencer Agency, Inc make?
- SeeBITDA estimates Jim Spencer Agency, Inc's annual revenue at about $584K (likely between $438K and $759K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jim Spencer Agency, Inc worth?
- About $575K, roughly 3× its estimated EBITDA of $192K, typical for a insurance agencies company its size. Likely range: $345K–$896K.
- How many employees does Jim Spencer Agency, Inc have?
- About 2, as reported on its PPP loan.
- When was Jim Spencer Agency, Inc founded?
- Jim Spencer Agency, Inc has been in business since 2021.