Luther Insurance Agency Inc.
How we got $567K
Based on 2 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| LUTHER INSURANCE AGENCY INC. this business | $491K | — |
| OKIE HERITAGE INC Jones · 2 employees | $316K | 4.8 mi |
| PROVIDENTIAL SERVICES LLC Luther · 3 employees | $1.9M | 5.0 mi |
| COURTNEY INSURANCE SOLUTIONS Arcadia · 3 employees | $630K | 7.2 mi |
| Galen Brinson Insurance Agency Arcadia | $806K | 7.2 mi |
| Steffenson Insurance & Wellston Tag Office Wellston | $806K | 7.6 mi |
| Casualty Corporation of America, Inc. Jones | $806K | 8.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $491K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $189K |
| Cross-check: revenue implied by PPP payroll | $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 | $567K |
| Multiple for this size and industry | 3× |
| Value range | $268K – $804K |
| Revenue range | $291K – $581K |
| EBITDA range | $112K – $223K |
| 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
History & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/27/2021 | first | $2K | 2 |
About Luther Insurance Agency Inc.
Luther Insurance Agency Inc. is an insurance agencies company in Luther, Oklahoma. Its estimated annual revenue is about $491K, with roughly $189K of EBITDA. It has about 2 employees. Its estimated business value is $567K (likely range $268K–$804K).
Common questions
- Who owns Luther Insurance Agency Inc.?
- The owner of Luther 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 Luther Insurance Agency Inc. make?
- SeeBITDA estimates Luther Insurance Agency Inc.'s annual revenue at about $491K (likely between $291K and $581K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Luther Insurance Agency Inc. worth?
- About $567K, roughly 3× its estimated EBITDA of $189K, typical for a insurance agencies company its size. Likely range: $268K–$804K.
- How many employees does Luther Insurance Agency Inc. have?
- About 2, as reported on its PPP loan.