Overman Insurance Agency LLC
How we got $3.7M
Based on its 13 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 |
|---|---|---|
| OVERMAN INSURANCE AGENCY LLC this business | $2.8M | — |
| Kyle Krotzer - 109 N Broadway St Cleveland | $815K | 0.1 mi |
| MUNDING INSURANCE, INC. Cleveland · 2 employees | $288K | 0.1 mi |
| CLEVELAND INSURANCE AGENCY LLC Cleveland · 2 employees | $315K | 0.1 mi |
| DOUGLAS LEE INSURANCE AGENCY LLC Cleveland · 2 employees | $513K | 0.1 mi |
| Farmers Insurance - Kyle Krotzer Cleveland | $815K | 0.1 mi |
| TIM HOUGH INSURANCE AGENCY, INC. Cleveland · 5 employees | $1.1M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $828K |
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 | $3.7M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.0M – $5.1M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $545K – $944K |
| 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
- BankingBlue Sky 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 Roles are as stated there and may be out of date.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
| Blue Sky Bank PPP 2020 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $100K | 13 |
2 locations
| 110 E.DELAWARE ST | Cleveland | This listing |
| 2600 Van Buren St Ste 2634 | Norman | View |
Revenue, profit and value are for the whole company.
About Overman Insurance Agency LLC
Overman Insurance Agency LLC is an insurance agencies company in Cleveland, Oklahoma. Its estimated annual revenue is about $2.8M, with roughly $828K of EBITDA. It has about 13 employees. Its estimated business value is $3.7M (likely range $2.0M–$5.1M). It has 2 locations.
Common questions
- Who owns Overman Insurance Agency LLC?
- The owner of Overman Insurance Agency LLC 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 Overman Insurance Agency LLC make?
- SeeBITDA estimates Overman Insurance Agency LLC's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Overman Insurance Agency LLC worth?
- About $3.7M, roughly 4.5× its estimated EBITDA of $828K, typical for a insurance agencies company its size. Likely range: $2.0M–$5.1M.
- How many employees does Overman Insurance Agency LLC have?
- About 13, as reported on its PPP loan.