Nease Insurance Agency LLC
How we got $638K
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 |
|---|---|---|
| NEASE INSURANCE AGENCY LLC this business | $553K | — |
| WESTFAHL INSURANCE AGENCY, INC. Okeene · 3 employees | $685K | 0.0 mi |
| Mary Lee Jones - State Farm Insurance Agent Fairview | $806K | 13.8 mi |
| Aylward Insurance Agency Fairview | $806K | 13.8 mi |
| Major County Farm Bureau Fairview | $806K | 13.8 mi |
| EITZEN AGENCY, INC Fairview · 9 employees | $2.4M | 13.8 mi |
| Pinnacle Ag Insurance Llc Fairview | $806K | 13.9 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) | $567K |
| Estimate: the two combined (geometric mean) | $553K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $213K |
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 | $638K |
| Multiple for this size and industry | 3× |
| Value range | $336K – $873K |
| Revenue range | $364K – $630K |
| EBITDA range | $140K – $242K |
| 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
- BankingFairview Savings & Loan AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Fairview Savings & Loan Association PPP 2020, PPP 2021 | All 49 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $19K | 2 |
| 1/16/2021 | second | $22K | 2 |
About Nease Insurance Agency LLC
Nease Insurance Agency LLC is an insurance agencies company in Okeene, Oklahoma. Its estimated annual revenue is about $553K, with roughly $213K of EBITDA. It has about 2 employees. Its estimated business value is $638K (likely range $336K–$873K).
Common questions
- Who owns Nease Insurance Agency LLC?
- The owner of Nease Insurance Agency LLC 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 Nease Insurance Agency LLC make?
- SeeBITDA estimates Nease Insurance Agency LLC's annual revenue at about $553K (likely between $364K and $630K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nease Insurance Agency LLC worth?
- About $638K, roughly 3× its estimated EBITDA of $213K, typical for a insurance agencies company its size. Likely range: $336K–$873K.
- How many employees does Nease Insurance Agency LLC have?
- About 2, as reported on its PPP loan.