Lc Wade Insurance & Financial Services
How we got $446K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LC WADE INSURANCE & FINANCIAL SERVICES this business | $386K | — |
| Levi Wade - Country Financial Representative Oklahoma City | $806K | 0.0 mi |
| Globe Life American Income Division Potts Organization Oklahoma City | $806K | 0.1 mi |
| Christopher Cunningham, Bankers Life Agent Oklahoma City | $806K | 0.3 mi |
| Chris Rundell, Bankers Life Agent Oklahoma City | $806K | 0.3 mi |
| AC BRANCH HOLDINGS, LLC Oklahoma City · 7 employees | $2.6M | 0.3 mi |
| Great Northwest Insurance Company Oklahoma City | $806K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $208K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $553K |
| Estimate: the two combined (geometric mean) | $386K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $149K |
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 | $446K |
| Multiple for this size and industry | 3× |
| Value range | $234K – $610K |
| Revenue range | $254K – $440K |
| EBITDA range | $98K – $169K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- 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 Roles are as stated there and may be out of date.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 2021 | All 439 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/4/2021 | first | $19K | 1 |
About Lc Wade Insurance & Financial Services
Lc Wade Insurance & Financial Services is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $386K, with roughly $149K of EBITDA. It has about 1 employees. Its estimated business value is $446K (likely range $234K–$610K).
Common questions
- Who owns Lc Wade Insurance & Financial Services?
- The owner of Lc Wade Insurance & Financial Services 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 Lc Wade Insurance & Financial Services make?
- SeeBITDA estimates Lc Wade Insurance & Financial Services's annual revenue at about $386K (likely between $254K and $440K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lc Wade Insurance & Financial Services worth?
- About $446K, roughly 3× its estimated EBITDA of $149K, typical for a insurance agencies company its size. Likely range: $234K–$610K.
- How many employees does Lc Wade Insurance & Financial Services have?
- About 1, as reported on its PPP loan.