Mitchell Insurance Inc.
How we got $1.2M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▲ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $896K |
| 2020 | Form 5500 | 5 | $896K |
| 2021 | Form 5500 | 4 | $717K |
| 2022 | Form 5500 | 5 | $896K |
| 2023 | Form 5500 | 5 | $896K |
| 2024 | Form 5500 | 7 | $1.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MITCHELL INSURANCE INC. this business | $977K | — |
| Steve Ray Womack - 701 5th St Pawnee | $806K | 0.2 mi |
| BRUNS INSURANCE, LLC Pawnee · 1 employees | $208K | 0.2 mi |
| CRAIG JENSEN AGENCY, LLC Pawnee · 1 employees | $346K | 0.2 mi |
| Kingdom Family Insurance Glencoe | $806K | 12.6 mi |
| WINTERBOTTOM AGENCY LLC Yale · 1 employees | $188K | 16.5 mi |
| MARSHALL TIMMONS INC Yale · 2 employees | $370K | 16.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $886K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $828K |
| Estimate: the two combined (geometric mean) | $977K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $320K |
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 | $607K – $1.6M |
| Revenue range | $642K – $1.1M |
| EBITDA range | $211K – $365K |
| 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
Leadership
- AMAaron MitchellSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $36K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mitchell Insurance Inc.
Mitchell Insurance Inc. is an insurance agencies company in Pawnee, Oklahoma. Its estimated annual revenue is about $977K, with roughly $320K of EBITDA. It has about 7 employees. Its estimated business value is $1.2M (likely range $607K–$1.6M).
Common questions
- Who owns Mitchell Insurance Inc.?
- The owner of Mitchell Insurance 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 Mitchell Insurance Inc. make?
- SeeBITDA estimates Mitchell Insurance Inc.'s annual revenue at about $977K (likely between $642K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mitchell Insurance Inc. worth?
- About $1.2M, roughly 3.6× its estimated EBITDA of $320K, typical for a insurance agencies company its size. Likely range: $607K–$1.6M.
- How many employees does Mitchell Insurance Inc. have?
- About 7, from its 2024 retirement-plan filing.