Mig Agencies, Inc
How we got $687K
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 |
|---|---|---|
| MIG AGENCIES, INC this business | $595K | — |
| Miller Insurance Group Oklahoma City | $815K | 0.0 mi |
| Bruce Burnett - State Farm Insurance Agent Oklahoma City | $815K | 0.1 mi |
| RICHARD L KASSER Oklahoma City · 3 employees | $717K | 0.1 mi |
| TROY DOOLEY INSURANCE AGENCY , LLC Oklahoma City · 2 employees | $461K | 0.3 mi |
| Worksite Benefit Plans Inc Oklahoma City | $815K | 0.3 mi |
| THOMAS BASTE INSURANCE AGENCY, INC Oklahoma City · 5 employees | $1.0M | 0.4 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) | $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 | $687K |
| Multiple for this size and industry | 3× |
| Value range | $361K – $940K |
| Revenue range | $392K – $679K |
| EBITDA range | $151K – $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
History & advisors
Advisors
- BankingThe First National Bank and Trust Co, Chickasha, 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 Roles are as stated there and may be out of date.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
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $15K | 3 |
About Mig Agencies, Inc
Mig Agencies, Inc is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $595K, with roughly $229K of EBITDA. It has about 3 employees. Its estimated business value is $687K (likely range $361K–$940K).
Common questions
- Who owns Mig Agencies, Inc?
- The owner of Mig Agencies, 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 Mig Agencies, Inc make?
- SeeBITDA estimates Mig Agencies, Inc's annual revenue at about $595K (likely between $392K and $679K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mig Agencies, Inc worth?
- About $687K, roughly 3× its estimated EBITDA of $229K, typical for a insurance agencies company its size. Likely range: $361K–$940K.
- How many employees does Mig Agencies, Inc have?
- About 3, as reported on its PPP loan.