Novara Insurance Agency
How we got $992K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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 |
|---|---|---|
| NOVARA INSURANCE AGENCY this business | $840K | — |
| Tyler D Gooch - 4864 S Yale Ave Tulsa | $815K | 0.0 mi |
| Genesis Auto Insurance Tulsa | $815K | 0.1 mi |
| Shelter Insurance - Peter Grimm Tulsa | $815K | 0.2 mi |
| CAREY ALEXANDER AGENCY INC Tulsa · 4 employees | $1.1M | 0.2 mi |
| Kelly Goza Tulsa | $815K | 0.2 mi |
| Team Insurance Group, Inc. Tulsa | $815K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $654K |
| Estimate: the two combined (geometric mean) | $840K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $276K |
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 | $992K |
| Multiple for this size and industry | 3.6× |
| Value range | $522K – $1.4M |
| Revenue range | $553K – $958K |
| EBITDA range | $181K – $314K |
| 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
History & advisors
Advisors
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $22K | 4 |
2 locations
| 4864 S YALE AVE | Tulsa | This listing |
| 1515 E 71st St | Tulsa | View |
Revenue, profit and value are for the whole company.
About Novara Insurance Agency
Novara Insurance Agency is an insurance agencies company in Tulsa, Oklahoma. Its estimated annual revenue is about $840K, with roughly $276K of EBITDA. It has about 4 employees. Its estimated business value is $992K (likely range $522K–$1.4M). It has 2 locations.
Common questions
- Who owns Novara Insurance Agency?
- The owner of Novara Insurance Agency 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 Novara Insurance Agency make?
- SeeBITDA estimates Novara Insurance Agency's annual revenue at about $840K (likely between $553K and $958K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Novara Insurance Agency worth?
- About $992K, roughly 3.6× its estimated EBITDA of $276K, typical for a insurance agencies company its size. Likely range: $522K–$1.4M.
- How many employees does Novara Insurance Agency have?
- About 4, as reported on its PPP loan.