Munding Insurance, Inc.
How we got $332K
Based on its 2 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MUNDING INSURANCE, INC. this business | $288K | — |
| DOUGLAS LEE INSURANCE AGENCY LLC Cleveland · 2 employees | $513K | 0.1 mi |
| Farmers Insurance - Kyle Krotzer Cleveland | $806K | 0.1 mi |
| Kyle Krotzer - 109 N Broadway St Cleveland | $806K | 0.1 mi |
| CLEVELAND INSURANCE AGENCY LLC Cleveland · 2 employees | $314K | 0.1 mi |
| OVERMAN INSURANCE AGENCY LLC Cleveland · 13 employees | $2.8M | 0.1 mi |
| Shelter Insurance - Nick Rawdon Cleveland | $806K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $415K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $154K |
| Estimate: the two combined (geometric mean) | $288K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $111K |
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 | $332K |
| Multiple for this size and industry | 3× |
| Value range | $175K – $454K |
| Revenue range | $189K – $328K |
| EBITDA range | $73K – $126K |
| 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
People & advisors
Advisors
- BankingThe State Exchange 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 Roles are as stated there and may be out of date.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
| The State Exchange Bank PPP 2020 | All 52 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $5K | 2 |
About Munding Insurance, Inc.
Munding Insurance, Inc. is an insurance agencies company in Cleveland, Oklahoma. Its estimated annual revenue is about $288K, with roughly $111K of EBITDA. It has about 2 employees. Its estimated business value is $332K (likely range $175K–$454K).
Common questions
- Who owns Munding Insurance, Inc.?
- The owner of Munding 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 Munding Insurance, Inc. make?
- SeeBITDA estimates Munding Insurance, Inc.'s annual revenue at about $288K (likely between $189K and $328K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Munding Insurance, Inc. worth?
- About $332K, roughly 3× its estimated EBITDA of $111K, typical for a insurance agencies company its size. Likely range: $175K–$454K.
- How many employees does Munding Insurance, Inc. have?
- About 2, as reported on its PPP loan.