Mcdermott & Associates, Inc
How we got $499K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MCDERMOTT & ASSOCIATES, INC this business | $432K | — |
| HALTOM INSURANCE AGENCY, LLC Alva · 6 employees | $1.3M | 3.1 mi |
| NORTHWEST INSURERS, LLC Alva · 2 employees | $485K | 3.1 mi |
| STEPHANIE EATON INSURANCE AGENCY, INC Alva · 4 employees | $1.1M | 3.5 mi |
| S & H INSURANCE Alva · 1 employees | $245K | 3.6 mi |
| Agri Surance Inc Alva | $815K | 3.6 mi |
| BRENDA HOOD REAL ESTATE, INC Alva · 1 employees | $256K | 3.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $231K |
| Estimate: the two combined (geometric mean) | $432K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $166K |
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 | $499K |
| Multiple for this size and industry | 3× |
| Value range | $262K – $682K |
| Revenue range | $284K – $493K |
| EBITDA range | $109K – $189K |
| 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
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020, PPP 2021 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $8K | 3 |
| 2/5/2021 | second | $9K | 3 |
About Mcdermott & Associates, Inc
Mcdermott & Associates, Inc is an insurance agencies company in Alva, Oklahoma. Its estimated annual revenue is about $432K, with roughly $166K of EBITDA. It has about 3 employees. Its estimated business value is $499K (likely range $262K–$682K).
Common questions
- Who owns Mcdermott & Associates, Inc?
- The owner of Mcdermott & Associates, 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 Mcdermott & Associates, Inc make?
- SeeBITDA estimates Mcdermott & Associates, Inc's annual revenue at about $432K (likely between $284K and $493K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mcdermott & Associates, Inc worth?
- About $499K, roughly 3× its estimated EBITDA of $166K, typical for a insurance agencies company its size. Likely range: $262K–$682K.
- How many employees does Mcdermott & Associates, Inc have?
- About 3, as reported on its PPP loan.