Mark Fugett Insurance Agency
- Mark FugettState Farm Insurance Agent · Company website
How we got $1.2M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Mark Fugett Insurance Agency is a State Farm agent office in Tulsa, Oklahoma, offering insurance products to customers across the state of Oklahoma.
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 |
|---|---|---|
| MARK FUGETT INSURANCE AGENCY this business | $987K | — |
| State Farm Tulsa | $806K | 0.0 mi |
| BRANDON WHINERY INSURANCE AGENCY, LLC Tulsa · 2 employees | $513K | 0.2 mi |
| OZMENT AGENCY Tulsa · 2 employees | $711K | 0.2 mi |
| Alissa Backes: Allstate Insurance Tulsa | $806K | 0.2 mi |
| Farmers Insurance - Brandon Whinery Tulsa | $806K | 0.6 mi |
| RON ROARK INSURANCE AGENCY INC Tulsa · 3 employees | $547K | 0.7 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) | $902K |
| Estimate: the two combined (geometric mean) | $987K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $324K |
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 | $1.2M |
| Multiple for this size and industry | 3.6× |
| Value range | $613K – $1.6M |
| Revenue range | $649K – $1.1M |
| EBITDA range | $213K – $369K |
| 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
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $31K | 4 |
| 1/27/2021 | second | $33K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mark Fugett Insurance Agency
Mark Fugett Insurance Agency is an insurance agencies company in Tulsa, Oklahoma, in business since 2007. Its estimated annual revenue is about $987K, with roughly $324K of EBITDA. It has about 4 employees. Its estimated business value is $1.2M (likely range $613K–$1.6M).
Common questions
- Who owns Mark Fugett Insurance Agency?
- The owner of Mark Fugett Insurance Agency 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 Mark Fugett Insurance Agency make?
- SeeBITDA estimates Mark Fugett Insurance Agency's annual revenue at about $987K (likely between $649K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mark Fugett Insurance Agency worth?
- About $1.2M, roughly 3.6× its estimated EBITDA of $324K, typical for a insurance agencies company its size. Likely range: $613K–$1.6M.
- How many employees does Mark Fugett Insurance Agency have?
- About 4, as reported on its PPP loan.
- When was Mark Fugett Insurance Agency founded?
- Mark Fugett Insurance Agency has been in business since 2007.