Rafael J Santiago Insurance Agency
- Rafael SantiagoFarmers Insurance Agent · Company website
How we got $716K
Based on its 3 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
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
What they do
Rafael Santiago is a Farmers Insurance agent in Tulsa, OK offering auto, home, renters, life, business and other insurance to local customers, with Spanish spoken.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Farmers Insurance · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAFAEL J SANTIAGO INSURANCE AGENCY this business | $621K | — |
| A-AFFORDABLE INC Tulsa · 5 employees | $814K | 0.1 mi |
| Jeannie Glover - State Farm Insurance Agent Tulsa | $815K | 0.1 mi |
| State Farm Tulsa | $815K | 0.1 mi |
| Shelter Insurance Tulsa | $815K | 0.1 mi |
| ALEXANDRA HOLDER FARMERS AGENCY Tulsa · 1 employees | $246K | 0.3 mi |
| Elonda Wicks - State Farm Insurance Agent Tulsa | $815K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $476K |
| Estimate: the two combined (geometric mean) | $621K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $239K |
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 | $716K |
| Multiple for this size and industry | 3× |
| Value range | $377K – $980K |
| Revenue range | $408K – $708K |
| EBITDA range | $157K – $272K |
| 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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $16K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rafael J Santiago Insurance Agency
Rafael J Santiago Insurance Agency is an insurance agencies company in Tulsa, Oklahoma, in business since 1996. Its estimated annual revenue is about $621K, with roughly $239K of EBITDA. It has about 3 employees. Its estimated business value is $716K (likely range $377K–$980K).
Common questions
- Who owns Rafael J Santiago Insurance Agency?
- The owner of Rafael J Santiago Insurance Agency 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 Rafael J Santiago Insurance Agency make?
- SeeBITDA estimates Rafael J Santiago Insurance Agency's annual revenue at about $621K (likely between $408K and $708K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rafael J Santiago Insurance Agency worth?
- About $716K, roughly 3× its estimated EBITDA of $239K, typical for a insurance agencies company its size. Likely range: $377K–$980K.
- How many employees does Rafael J Santiago Insurance Agency have?
- About 3, as reported on its PPP loan.
- When was Rafael J Santiago Insurance Agency founded?
- Rafael J Santiago Insurance Agency has been in business since 1996.