SeeBITDAOklahoma

Ken Lane Insurance Agency, Inc.

  • 622 N MAIN ST, Guymon, OK
Estimated valueMedium confidence
$1.3M
$681Klikely range$1.8M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$359K
33% of revenue
Employees
5
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $1.3M

Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.

5 employees × $177K each$886K
PPP payroll ÷ payroll's usual share of revenue$1.0M
Shown toward the top of its range×1.14
Revenue$1.1M
× 33% profit margin$359K
× 3.6 sale multiple = value$1.3M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 30% since 2020
$0$744K$1.5M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
KEN LANE INSURANCE AGENCY, INC.
this business
$1.1M$359K—
Wayne Johnson - State Farm Insurance Agent
Guymon
$806K$310K0.0 mi
Migo Insurance
Guymon, Oklahoma
$806K$310K0.1 mi
LONG & MCKINNON, INC.
Guymon · 6 employees
$1.4M$444K0.1 mi
BROWN & ASSOCIATES INSURANCE, LLC
Guymon · 7 employees
$1.3M$440K0.2 mi
Huckins Insurance Corner
Guymon
$806K$310K0.2 mi
GONZALEZ AGENCY LLC
Guymon · 2 employees
$611K$235K0.2 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$886K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.0M
Estimate: the two combined (geometric mean)$1.1M
EBITDA margin (industry, adjusted for size)33%
EBITDA = revenue × margin$359K

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$1.3M
Multiple for this size and industry3.6×
Value range$681K – $1.8M
Revenue range$721K – $1.2M
EBITDA range$236K – $410K
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

People & advisors

Advisors

  • BankingPanhandle First 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

Panhandle First Bank
PPP 2020
All 123 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$45K$45K5Panhandle First Bank

About Ken Lane Insurance Agency, Inc.

Ken Lane Insurance Agency, Inc. is an insurance agencies company in Guymon, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $359K of EBITDA. It has about 5 employees. Its estimated business value is $1.3M (likely range $681K–$1.8M).

Common questions

Who owns Ken Lane Insurance Agency, Inc.?
The owner of Ken Lane 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 Ken Lane Insurance Agency, Inc. make?
SeeBITDA estimates Ken Lane Insurance Agency, Inc.'s annual revenue at about $1.1M (likely between $721K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Ken Lane Insurance Agency, Inc. worth?
About $1.3M, roughly 3.6× its estimated EBITDA of $359K, typical for a insurance agencies company its size. Likely range: $681K–$1.8M.
How many employees does Ken Lane Insurance Agency, Inc. have?
About 5, as reported on its PPP loan.