SeeBITDAOklahoma

Jtp Insurance, LLC

Insurance agencies
Company websitejtpins.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$514K
$271Klikely range$704K
About 3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$446K
a year
EBITDA
$171K
38% of revenue
Employees
3
reported in 2020
Leadership
Johnathan Pannes
Owner/Risk Advisor · source · confirmed by 2 sources

How we got $514K

Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.

3 employees × $208K each$623K
PPP payroll ÷ payroll's usual share of revenue$246K
Shown toward the top of its range×1.14
Revenue$446K
× 38% EBITDA margin$171K
× 3 sale multiple = value$514K

Own this business? Correct these figures

Estimated value over time

▲ 30% since 2020
$0$296K$592K20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

What they do

JTP Insurance is an independent insurance agency in Edmond, Oklahoma that offers personal and business insurance and says it works for its clients rather than the insurance companies.

Products & services
Auto InsuranceBoat & WatercraftCollector CarCondo InsuranceHomeowners InsuranceIndividual Life InsuranceManufactured / Mobile HomeMotorcycle InsurancePersonal UmbrellaRecreational VehicleRenters InsuranceIndividual Health Insurance
Markets served
PersonalBusinessCommercialNon-Profit
Service area
Edmond, OklahomaOklahomaOklahoma CityMidwest CityMooreNormanYukonArkansas

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Suppliers & brands

  • RLI · brand it sells or installs
  • BCBS · brand it sells or installs
  • Guard · brand it sells or installs
  • Hiscox · brand it sells or installs
  • Nationwide · brand it sells or installs
  • Texas Mutual · brand it sells or installs
  • Travelers Business · brand it sells or installs
  • USLI · brand it sells or installs
  • AmWINS · brand it sells or installs
  • Safeco · brand it sells or installs
  • Legal & General · brand it sells or installs
  • Kemper · brand it sells or installs
  • Markel · brand it sells or installs
  • Mutual of Omaha · brand it sells or installs
  • Allied · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Churches & nonprofits

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
JTP INSURANCE, LLC
this business
$446K$171K—
INSURANCE PRODUCTS AGENCY INC
Edmond · 2 employees
$682K$262K0.0 mi
NIK MCDANIEL INSURANCE & FINANCIAL SERVICES LLC
Edmond · 1 employees
$367K$141K0.0 mi
ABC Title, LLC.
Edmond
$966K$309K0.1 mi
Tracy Martino
Edmond
$815K$314K0.1 mi
JENNIFER LOWDER INSURANCE AGCY INC
Edmond · 9 employees
$1.6M$485K0.5 mi
EDDIE STALLWORTH
Edmond · 1 employees
$281K$108K0.6 mi

Ranges & sources

Revenue range$293K – $508K
EBITDA range$113K – $196K
Industry (NAICS)Insurance Agencies and Brokerages (524210)
Value range$271K – $704K

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

  • BankingValliance 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

Valliance Bank
PPP 2020
All 439 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$8K$8K3Valliance Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Jtp Insurance, LLC

Jtp Insurance, LLC is an insurance agencies company in Edmond, Oklahoma, in business since 2016. It is owned by Johnathan Pannes (Owner/Risk Advisor). Its estimated annual revenue is about $446K, with roughly $171K of EBITDA. It has about 3 employees. Its estimated business value is $514K (likely range $271K–$704K).

Common questions

Who owns Jtp Insurance, LLC?
Jtp Insurance, LLC is owned by Johnathan Pannes (Owner/Risk Advisor), according to public sources such as the company's website or filings.
How much revenue does Jtp Insurance, LLC make?
SeeBITDA estimates Jtp Insurance, LLC's annual revenue at about $446K (likely between $293K and $508K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Jtp Insurance, LLC worth?
About $514K, roughly 3× its estimated EBITDA of $171K, typical for a insurance agencies company its size. Likely range: $271K–$704K.
How many employees does Jtp Insurance, LLC have?
About 3, as reported on its PPP loan.
When was Jtp Insurance, LLC founded?
Jtp Insurance, LLC has been in business since 2016.