SeeBITDAOklahoma

Lane LaBorde

  • 2828 University Blvd Ste 116, Durant, OK
  • Since 2020
  • NAICS 5242
Estimated valueLow confidence
$1.1M
$411Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$806K
a year
Profit (EBITDA)
$310K
38% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records

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$806K
Revenue$806K
× 38% profit margin$310K
× 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 not found

What they do

Lane LaBorde is a State Farm insurance agency in Durant, Oklahoma, offering auto, home, renters, life, health, business and other insurance to individuals, families and small businesses in Southeastern Oklahoma and North Texas.

Products & services
AutoHomeownersCondoRentersPersonal ArticlesBusinessLifeHealthPetMotorcycle InsuranceRec Vehicles InsuranceBoat Insurance
Markets served
individualsfamiliessmall businesses
Service area
DurantSoutheastern OklahomaNorth Texas
Certifications
State Farm Insurance Agent

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

Customers & suppliers

Suppliers & brands

  • State Farm · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Lane LaBorde
this business
$806K$310K—
Grant Leland Rustin - 2809 W University Blvd
Durant
$806K$310K0.1 mi
AL OLSON INSURANCE AGENCY, INC.
Durant · 6 employees
$960K$315K0.1 mi
Greg Phillips - State Farm Insurance Agent
Durant
$806K$310K0.1 mi
Aflac Insurance Agent
Durant
$806K$310K0.6 mi
GW NEWMAN INSURANCE INC
Durant · 1 employees
$200K$77K0.6 mi
Farmers Insurance - Brittnee House
Durant
$806K$310K0.9 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$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

History & advisors

Founded 2020
“I’m a proud resident of Durant and have been serving the community since opening my agency in 2020.”

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 Lane LaBorde

Lane LaBorde is an insurance agencies company in Durant, Oklahoma, in business since 2020. 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 Lane LaBorde?
The owner of Lane LaBorde 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 Lane LaBorde make?
SeeBITDA estimates Lane LaBorde'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 Lane LaBorde 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 Lane LaBorde founded?
Lane LaBorde has been in business since 2020.