Lee Insurance Agency, Inc
How we got $567K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 30% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LEE INSURANCE AGENCY, INC this business | $492K | — |
| Goosehead Insurance - Patricia Hart Edmond | $806K | 0.0 mi |
| HERITAGE INSURANCE ADVISORS Edmond · 3 employees | $412K | 0.1 mi |
| MORTON GROUP LLC Edmond · 2 employees | $527K | 0.4 mi |
| CENTERPRISES, LLC Edmond · 3 employees | $1.1M | 0.5 mi |
| Farmers Insurance - James Clagg Edmond | $806K | 0.5 mi |
| Knights of Columbus Insurance - Pierce Agency Edmond | $806K | 0.5 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) | $448K |
| Estimate: the two combined (geometric mean) | $492K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $189K |
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 | $567K |
| Multiple for this size and industry | 3× |
| Value range | $299K – $776K |
| Revenue range | $324K – $561K |
| EBITDA range | $124K – $216K |
| 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
- BankingFidelity Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Fidelity Bank, National Association PPP 2020 | All 161 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $15K | 2 |
About Lee Insurance Agency, Inc
Lee Insurance Agency, Inc is an insurance agencies company in Edmond, Oklahoma. Its estimated annual revenue is about $492K, with roughly $189K of EBITDA. It has about 2 employees. Its estimated business value is $567K (likely range $299K–$776K).
Common questions
- Who owns Lee Insurance Agency, Inc?
- The owner of Lee 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 Lee Insurance Agency, Inc make?
- SeeBITDA estimates Lee Insurance Agency, Inc's annual revenue at about $492K (likely between $324K and $561K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lee Insurance Agency, Inc worth?
- About $567K, roughly 3× its estimated EBITDA of $189K, typical for a insurance agencies company its size. Likely range: $299K–$776K.
- How many employees does Lee Insurance Agency, Inc have?
- About 2, as reported on its PPP loan.