Raychelle Black - State Farm
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Raychelle Black is a State Farm insurance agent in Midwest City, OK, offering auto, home, and life insurance and helping local customers choose coverage that fits their situation.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Raychelle Black - State Farm this business | $806K | — |
| TRIPLE J INSURANCE, LLC Oklahoma City · 6 employees | $1.4M | 0.5 mi |
| Hughs Insurance Agency Oklahoma City | $806K | 0.5 mi |
| Mccoy & Associates Midwest City | $806K | 0.5 mi |
| T. J. Painter - State Farm Insurance Agent Midwest City | $806K | 0.8 mi |
| E & P LLC Oklahoma City · 6 employees | $1.3M | 0.8 mi |
| Brandon Ersteniuk - State Farm Insurance Agent Midwest City | $806K | 0.8 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 industry | 3.6× |
| Value range | $411K – $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 | $371K – $1.0M |
| EBITDA range | $143K – $387K |
| 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
People & advisors
Leadership
- RBRaychelle BlackState Farm Insurance Agent · Company website · source
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 Raychelle Black - State Farm
Raychelle Black - State Farm is an insurance agencies company in Midwest City, Oklahoma, in business since 2023. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Raychelle Black - State Farm?
- The owner of Raychelle Black - State Farm 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 Raychelle Black - State Farm make?
- SeeBITDA estimates Raychelle Black - State Farm's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Raychelle Black - State Farm worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a insurance agencies company its size. Likely range: $411K–$1.7M.
- When was Raychelle Black - State Farm founded?
- Raychelle Black - State Farm has been in business since 2023.