Lonnell Alexander Agency, LLC
How we got $1.0M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Lonnell Alexander Agency is a State Farm insurance agency in Shawnee, OK offering auto, home, life, renters, business and other insurance and financial products to local residents.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
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 |
|---|---|---|
| LONNELL ALEXANDER AGENCY, LLC this business | $873K | — |
| Carrell Insurance Agency Shawnee | $806K | 0.1 mi |
| AAA Shawnee | $806K | 0.2 mi |
| AAA Oklahoma - Shawnee - Insurance/Membership Only Shawnee | $806K | 0.2 mi |
| Bowman Insurance Shawnee | $806K | 0.2 mi |
| Valentine Insurance Group Shawnee | $806K | 0.3 mi |
| CHURCH INSURANCE SPECIALISTS INC Shawnee · 9 employees | $1.8M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $707K |
| Estimate: the two combined (geometric mean) | $873K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $286K |
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 | $1.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $543K – $1.4M |
| Revenue range | $574K – $995K |
| EBITDA range | $188K – $327K |
| 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
Leadership
- JPJulie PayneOffice Manager · Company website · source
- APAmy PuckettCustomer Service Manager · Company website · source
- THTerrance HalseyInsurance Account Representative · Company website · source
- MCMcKayla ClevelandCustomer Service Representative · Company website · source
- LHLisa HendersonCustomer Service Representative · Company website · source
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 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 | $24K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lonnell Alexander Agency, LLC
Lonnell Alexander Agency, LLC is an insurance agencies company in Shawnee, Oklahoma, in business since 2016. Its estimated annual revenue is about $873K, with roughly $286K of EBITDA. It has about 4 employees. Its estimated business value is $1.0M (likely range $543K–$1.4M).
Common questions
- Who owns Lonnell Alexander Agency, LLC?
- The owner of Lonnell Alexander Agency, LLC 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 Lonnell Alexander Agency, LLC make?
- SeeBITDA estimates Lonnell Alexander Agency, LLC's annual revenue at about $873K (likely between $574K and $995K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lonnell Alexander Agency, LLC worth?
- About $1.0M, roughly 3.6× its estimated EBITDA of $286K, typical for a insurance agencies company its size. Likely range: $543K–$1.4M.
- How many employees does Lonnell Alexander Agency, LLC have?
- About 4, as reported on its PPP loan.
- When was Lonnell Alexander Agency, LLC founded?
- Lonnell Alexander Agency, LLC has been in business since 2016.