SeeBITDAOklahoma

Insurance Agency-mid-america

Insurance agencies
  • 1800 Canyon Park Cir Ste 101, Edmond, OK
  • Since 1984
  • NAICS 5242
Company websitemidamericainc.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$1.1M
$415Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$815K
a year
Profit (EBITDA)
$313K
38% of revenue
Employees
—
not reported
Leadership
William M. (Mike) McNeill
President · source · confirmed by 2 sources
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.1M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical insurance agencies business in Oklahoma$815K
Revenue$815K
× 38% profit margin$313K
× 3.6 sale multiple = value$1.1M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 42 years (since 1984)
  • Family in the business (Cody McNeill, Vice-President)

From public records and the company's website, not a statement that it's for sale.

What they do

Insurance Agency of Mid-America is an independent agency in Oklahoma that places surety bonds and commercial and personal insurance, mainly for contractors and businesses.

Products & services
Surety bonds for contractors and businessesCommercial GLWorkers Comp
Markets served
contractorsbusinessesconstruction projectscommercialpersonal lines
Service area
OklahomaOklahoma CityEdmondSouth OKCsurrounding statesall 50 states
Certifications
CICCPCUAAIASFBLicensed in Oklahoma & Surrounding StatesA-Rated Surety Carriers

From the company's website. Industry: Insurance agencies.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Insurance Agency-mid-america
this business
$815K$313K—
Tami Brunner, Health Insurance Broker
Edmond
$815K$313K0.1 mi
Adam Jacobson
Edmond
$815K$313K0.1 mi
Loyd Pension Services Inc
Edmond
$815K$313K0.2 mi
TREY BUTLER LLC
Edmond · 2 employees
$491K$189K0.2 mi
Farmers Insurance - James Clagg
Edmond
$815K$313K0.3 mi
CENTERPRISES, LLC
Edmond · 3 employees
$1.1M$370K0.3 mi

The full calculation

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$1.1M
Multiple for this size and industry3.6×
Value range$415K – $1.7M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.

Revenue range$374K – $1.0M
EBITDA range$144K – $392K
Industry (NAICS)Agencies, brokerages, and other insurance related activities (5242)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1984
“The Insurance Agency of Mid-America, Inc. was founded and incorporated on January 24, 1984, with operations beginning that August.”

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.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Insurance Agency-mid-america

Insurance Agency-mid-america is an insurance agencies company in Edmond, Oklahoma, in business since 1984. It is owned by William M. (Mike) McNeill (President). Its estimated annual revenue is about $815K, with roughly $313K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).

Common questions

Who owns Insurance Agency-mid-america?
Insurance Agency-mid-america is owned by William M. (Mike) McNeill (President), according to public sources such as the company's website or filings.
How much revenue does Insurance Agency-mid-america make?
SeeBITDA estimates Insurance Agency-mid-america's annual revenue at about $815K (likely between $374K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Insurance Agency-mid-america worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $313K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.
When was Insurance Agency-mid-america founded?
Insurance Agency-mid-america has been in business since 1984.