Joe Mccullar Agency
How we got $393K
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 |
|---|---|---|
| JOE MCCULLAR AGENCY this business | $340K | — |
| Riggs & Associates Group Ardmore | $1.6M | 0.5 mi |
| Shinn Agency Ardmore | $815K | 0.6 mi |
| Jeff Roberts - 621 N Washington St Ardmore | $815K | 0.7 mi |
| RICKETS FENNELL & ASSOCIATES LLC Ardmore · 12 employees | $3.5M | 0.8 mi |
| FRED TAYAR INSURANCE, INC. Ardmore · 1 employees | $408K | 0.8 mi |
| Karen Black Insurance Ardmore | $815K | 0.9 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) | $215K |
| Estimate: the two combined (geometric mean) | $340K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $131K |
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 | $393K |
| Multiple for this size and industry | 3× |
| Value range | $207K – $537K |
| Revenue range | $224K – $388K |
| EBITDA range | $86K – $149K |
| 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
- BankingOklahoma Heritage 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 Roles are as stated there and may be out of date.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
| Oklahoma Heritage Bank PPP 2021 | All 44 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/22/2021 | first | $7K | 2 |
About Joe Mccullar Agency
Joe Mccullar Agency is an insurance agencies company in Ardmore, Oklahoma. Its estimated annual revenue is about $340K, with roughly $131K of EBITDA. It has about 2 employees. Its estimated business value is $393K (likely range $207K–$537K).
Common questions
- Who owns Joe Mccullar Agency?
- The owner of Joe Mccullar Agency 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 Joe Mccullar Agency make?
- SeeBITDA estimates Joe Mccullar Agency's annual revenue at about $340K (likely between $224K and $388K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Joe Mccullar Agency worth?
- About $393K, roughly 3× its estimated EBITDA of $131K, typical for a insurance agencies company its size. Likely range: $207K–$537K.
- How many employees does Joe Mccullar Agency have?
- About 2, as reported on its PPP loan.