SeeBITDAOklahoma

Mckenzie-Noles Agency, Inc.

  • 121 E GRAND AVE, Tonkawa, OK
Estimated valueMedium confidence
$686K
$361Klikely range$939K
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$595K
a year
Profit (EBITDA)
$229K
38% of revenue
Employees
3
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $686K

Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.

3 employees × $207K each$622K
PPP payroll ÷ payroll's usual share of revenue$438K
Shown toward the top of its range×1.14
Revenue$595K
× 38% profit margin$229K
× 3 sale multiple = value$686K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 30% since 2020
$0$395K$789K20202026

Today'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

BusinessEst. revenueEst. profitDistance
MCKENZIE-NOLES AGENCY, INC.
this business
$595K$229K—
BLUBAUGH INSURANCE AGENCY
Tonkawa · 1 employees
$213K$82K0.0 mi
Ascent Insurance Group-Tonkawa Office
Tonkawa
$806K$310K0.8 mi
LOFTIS & WETZEL CORPORATION
Blackwell · 28 employees
$7.8M$1.9M8.8 mi
Chartier Agency
Blackwell
$806K$310K8.9 mi
American Dream Cannabis Llc
Blackwell
$806K$310K9.1 mi
BRADLEY CROP INSURANCE LLC
Blackwell · 1 employees
$408K$157K9.2 mi

The full calculation

Employees reported to the SBA3
Revenue from headcount (employees × revenue per employee for companies this size)$622K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$438K
Estimate: the two combined (geometric mean)$595K
EBITDA margin (industry, adjusted for size)38%
EBITDA = revenue × margin$229K

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$686K
Multiple for this size and industry3×
Value range$361K – $939K
Revenue range$391K – $678K
EBITDA range$150K – $261K
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

Advisors

  • BankingFirst National Bank of OklahomaPPP / 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 National Bank of Oklahoma
PPP 2020
All 405 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$15K$15K3First National Bank of Oklahoma

About Mckenzie-Noles Agency, Inc.

Mckenzie-Noles Agency, Inc. is an insurance agencies company in Tonkawa, Oklahoma. Its estimated annual revenue is about $595K, with roughly $229K of EBITDA. It has about 3 employees. Its estimated business value is $686K (likely range $361K–$939K).

Common questions

Who owns Mckenzie-Noles Agency, Inc.?
The owner of Mckenzie-Noles 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 Mckenzie-Noles Agency, Inc. make?
SeeBITDA estimates Mckenzie-Noles Agency, Inc.'s annual revenue at about $595K (likely between $391K and $678K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Mckenzie-Noles Agency, Inc. worth?
About $686K, roughly 3× its estimated EBITDA of $229K, typical for a insurance agencies company its size. Likely range: $361K–$939K.
How many employees does Mckenzie-Noles Agency, Inc. have?
About 3, as reported on its PPP loan.