Omega Insurance Agency, Inc.
How we got $2.5M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 63 years (since 1963)
From public records and the company's website, not a statement that it's for sale.
What they do
Omega Insurance Agency is an independent, local insurance agency in Choctaw, Oklahoma, offering personal, commercial, life insurance and bonds to Oklahoma families and businesses.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- carriers · brand it sells or installs
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 |
|---|---|---|
| OMEGA INSURANCE AGENCY, INC. this business | $1.9M | — |
| State Farm Insurance Choctaw | $806K | 0.1 mi |
| Sid Sanders Farmers Insurance Agent Choctaw | $806K | 0.3 mi |
| Nicholas Curto - 13125 NE 23rd St Choctaw | $806K | 0.3 mi |
| BOBBY LEWIS INSURANCE INC Choctaw · 6 employees | $1.6M | 1.1 mi |
| MCKELVEY INSURANCE AGENCY Choctaw · 4 employees | $708K | 1.2 mi |
| AAA Choctaw - Insurance/Membership Only Choctaw | $806K | 1.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $549K |
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 | $2.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.3M – $3.4M |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $361K – $626K |
| 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
- BankingCross River 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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $81K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Omega Insurance Agency, Inc.
Omega Insurance Agency, Inc. is a family-owned insurance agencies company in Choctaw, Oklahoma, in business since 1963. Its estimated annual revenue is about $1.9M, with roughly $549K of EBITDA. It has about 8 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Omega Insurance Agency, Inc.?
- The owner of Omega Insurance 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 Omega Insurance Agency, Inc. make?
- SeeBITDA estimates Omega Insurance Agency, Inc.'s annual revenue at about $1.9M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Omega Insurance Agency, Inc. worth?
- About $2.5M, roughly 4.5× its estimated EBITDA of $549K, typical for a insurance agencies company its size. Likely range: $1.3M–$3.4M.
- How many employees does Omega Insurance Agency, Inc. have?
- About 8, as reported on its PPP loan.
- When was Omega Insurance Agency, Inc. founded?
- Omega Insurance Agency, Inc. has been in business since 1963.