Morrison Agency, Inc
How we got $5.5M
Based on 14 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MORRISON AGENCY, INC this business | $3.5M | — |
| Shelter Insurance - Casey Fowler Ada | $806K | 0.1 mi |
| ROBERT T. SHURTLEFF INSURANCE AGENCY, INC. Ada · 2 employees | $525K | 0.2 mi |
| JESSICA BECK INSURANCE AGENCY LLC Ada · 2 employees | $312K | 0.2 mi |
| Bailey Insurance Solutions Llc Ada | $806K | 0.2 mi |
| MOON-BAKER AGENCY, INC. Ada · 11 employees | $3.5M | 0.3 mi |
| AAA Ada - Insurance/Membership Only Ada | $806K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $3.5M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.0M |
| Cross-check: revenue implied by PPP payroll | $279K |
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 | $5.5M |
| Multiple for this size and industry | 5.4× |
| Value range | $2.6M – $7.9M |
| Revenue range | $2.0M – $4.1M |
| EBITDA range | $607K – $1.2M |
| 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
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2020, PPP 2021 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $13K | 14 |
| 1/29/2021 | second | $13K | 2 |
About Morrison Agency, Inc
Morrison Agency, Inc is an insurance agencies company in Ada, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $1.0M of EBITDA. It has about 14 employees. Its estimated business value is $5.5M (likely range $2.6M–$7.9M).
Common questions
- Who owns Morrison Agency, Inc?
- The owner of Morrison 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 Morrison Agency, Inc make?
- SeeBITDA estimates Morrison Agency, Inc's annual revenue at about $3.5M (likely between $2.0M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Morrison Agency, Inc worth?
- About $5.5M, roughly 5.4× its estimated EBITDA of $1.0M, typical for a insurance agencies company its size. Likely range: $2.6M–$7.9M.
- How many employees does Morrison Agency, Inc have?
- About 14, as reported on its PPP loan.