Lewis Insurance, Inc.
How we got $200K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 28 years (since 1998)
- Founder still runs it after 28 years
From public records and the company's website, not a statement that it's for sale.
What they do
Lewis Insurance Agency is an insurance agency offering personal, commercial, and farm and ranch insurance and risk management programs to individuals and businesses. It states it has served clients since 1947.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 4 mi · $129.5M
- BERRY & BERRY ACQUISITION · Tahlequah, 56 mi · $93.3M
- J-M FARMS HOLDING, LLC · Miami, 82 mi · $76.3M
- LIVESAY ORCHARDS · Porter, 29 mi · $35.7M
- GREEN ACRE SOD FARMS, INC · Bixby, 8 mi · $31.0M
- J & D ACQUISITION, INC. DBA JIM NORTON TOYOTA · Tulsa, 6 mi · $1.09B
- UAG TULSA VC,LLC · Tulsa, 4 mi · $444.5M
- DON THORNTON AUTMOTIVE, LLC DBA LEXUS OF TULSA · Tulsa, 4 mi · $383.9M
- JACKIE COOPER IMPORTS OF TULSA, LLC · Tulsa, 6 mi · $344.6M
- CHRIS NIKEL'S AUTOHAUS,INC. · Broken Arrow, 8 mi · $244.6M
- WILLIAMS CONSTRUCTION CO · Pryor, 39 mi · $196.8M
- THE ROSS GROUP · Tulsa, 5 mi · $167.3M
- VAN EATON READY MIX, INC. · Shawnee, 75 mi · $149.4M
- JENKINS CONSTRUCTION SERVICES, INC · Muskogee, 44 mi · $141.0M
- GREEN COUNTRY INTERIORS INC · Tulsa, 5 mi · $138.5M
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 |
|---|---|---|
| LEWIS INSURANCE, INC. this business | $173K | — |
| LANDES INSURANCE AGENCY, INC. Tulsa · 10 employees | $3.0M | 0.0 mi |
| Landesblosch Insurance Tulsa | $806K | 0.0 mi |
| KT Williams Insurance Group Tulsa | $806K | 0.0 mi |
| Prudential | Clark James | Life Insurance & Financial Services Tulsa | $806K | 0.1 mi |
| P&T MANAGEMENT, LLC Tulsa · 3 employees | $777K | 0.1 mi |
| Prudential | Chuck Watson | Life Insurance & Financial Services Tulsa | $806K | 0.1 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) | $111K |
| Estimate: the two combined (geometric mean) | $173K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $67K |
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 | $200K |
| Multiple for this size and industry | 3× |
| Value range | $105K – $273K |
| Revenue range | $114K – $197K |
| EBITDA range | $44K – $76K |
| 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
- BankingRCB 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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $4K | 1 |
| 1/25/2021 | second | $4K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lewis Insurance, Inc.
Lewis Insurance, Inc. is an insurance agencies company in Tulsa, Oklahoma, in business since 1998. It is owned by Ralph W. Lewis (Founder). Its estimated annual revenue is about $173K, with roughly $67K of EBITDA. It has about 1 employees. Its estimated business value is $200K (likely range $105K–$273K).
Common questions
- Who owns Lewis Insurance, Inc.?
- Lewis Insurance, Inc. is owned by Ralph W. Lewis (Founder), according to public sources such as the company's website or filings.
- How much revenue does Lewis Insurance, Inc. make?
- SeeBITDA estimates Lewis Insurance, Inc.'s annual revenue at about $173K (likely between $114K and $197K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lewis Insurance, Inc. worth?
- About $200K, roughly 3× its estimated EBITDA of $67K, typical for a insurance agencies company its size. Likely range: $105K–$273K.
- How many employees does Lewis Insurance, Inc. have?
- About 1, as reported on its PPP loan.
- When was Lewis Insurance, Inc. founded?
- Lewis Insurance, Inc. has been in business since 1998.
- Is Lewis Insurance, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.