Niemann and Associates, LLC
How we got $129.1M
Based on 148 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| NIEMANN AND ASSOCIATES, LLC this business | $64.7M | — |
| Gallagher Benefit: Jerry Roberts Oklahoma City | $815K | 0.0 mi |
| Medmutual Protect Oklahoma City | $815K | 0.1 mi |
| Rockgate Financial Group Oklahoma City | $815K | 0.1 mi |
| MaryJane Insurance & Consulting Oklahoma City | $815K | 0.1 mi |
| Globe Life American Income Division: Rotolo Organization Oklahoma City | $815K | 0.1 mi |
| Reyna Brown Insurance- Oklahoma Oklahoma City | $815K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 148 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $64.7M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $14.3M |
| Cross-check: revenue implied by PPP payroll | $6.2M |
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 | $129.1M |
| Multiple for this size and industry | 9× |
| Value range | $61.1M – $183.3M |
| Revenue range | $38.3M – $76.5M |
| EBITDA range | $8.5M – $17.0M |
| 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
- BankingFirst Liberty Bank, Byline 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 Roles are as stated there and may be out of date.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
| Byline Bank 7(a) 2020 | All 12 borrowers → |
| First Liberty Bank PPP 2020, PPP 2021 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $246K | 148 |
| 2/10/2021 | second | $287K | 110 |
Public records
| Aug 2020 | 7(a) | $5.0M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Niemann and Associates, LLC
Niemann and Associates, LLC is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $64.7M, with roughly $14.3M of EBITDA. It has about 148 employees. Its estimated business value is $129.1M (likely range $61.1M–$183.3M).
Common questions
- Who owns Niemann and Associates, LLC?
- The owner of Niemann and Associates, 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 Niemann and Associates, LLC make?
- SeeBITDA estimates Niemann and Associates, LLC's annual revenue at about $64.7M (likely between $38.3M and $76.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Niemann and Associates, LLC worth?
- About $129.1M, roughly 9× its estimated EBITDA of $14.3M, typical for a insurance agencies company its size. Likely range: $61.1M–$183.3M.
- How many employees does Niemann and Associates, LLC have?
- About 148, as reported on its PPP loan.