Ricks and James Insurance Agency, LLC
How we got $1.1M
Based on its 5 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
What they do
Ricks and James Insurance Agency has served the McAlester, Oklahoma community for 19 years, offering farm owners, homeowners, auto and recreational vehicle insurance. It says it can also travel to clients to discuss policies.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIVESAY ORCHARDS · Porter, 62 mi · $35.7M
- SHERRILL LIVESTOCK INC. · Mcalester, 3 mi · $13.1M
- ROBINSON BROS PORK, LLC · Holdenville, 34 mi · $12.6M
- GEN II FIRE PROTECTION, LLC · Okmulgee, 50 mi · $7.0M
- ROBINSON FAMILY FARMS LLC · Holdenville, 34 mi · $6.6M
- BELFAIR OF MCALESTER LLC · Mcalester, 1 mi · $95.3M
- MARK'S CONSTRUCTION LLC · Wilburton, 26 mi · $21.5M
- C K RESTORATION, LLC · Muskogee, 60 mi · $13.3M
- HOOKIT LLC · Oktaha, 48 mi · $13.0M
- TIMOTHY MITCHELL · Mcalester, 10 mi · $13.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RICKS AND JAMES INSURANCE AGENCY, LLC this business | $939K | — |
| Farmers Insurance - Valerie Cashmere Mcalester | $815K | 0.1 mi |
| CASHMERE AGENCY LLC Mcalester · 4 employees | $930K | 0.1 mi |
| Blackline Insurance Group Mcalester | $815K | 0.6 mi |
| Farmers Insurance - Le Nard Rhone Mcalester | $2.4M | 0.7 mi |
| Ross Eaton Mcalester | $815K | 0.9 mi |
| Elite Senior Plans Mcalester | $815K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $887K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $766K |
| Estimate: the two combined (geometric mean) | $939K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $308K |
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 | $584K – $1.5M |
| Revenue range | $618K – $1.1M |
| EBITDA range | $203K – $351K |
| 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
- BankingThe Bank National AssociationPPP / 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
| The Bank National Association PPP 2020 | All 161 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $33K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ricks and James Insurance Agency, LLC
Ricks and James Insurance Agency, LLC is an insurance agencies company in Mcalester, Oklahoma, in business since 2015. Its estimated annual revenue is about $939K, with roughly $308K of EBITDA. It has about 5 employees. Its estimated business value is $1.1M (likely range $584K–$1.5M).
Common questions
- Who owns Ricks and James Insurance Agency, LLC?
- The owner of Ricks and James 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 Ricks and James Insurance Agency, LLC make?
- SeeBITDA estimates Ricks and James Insurance Agency, LLC's annual revenue at about $939K (likely between $618K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ricks and James Insurance Agency, LLC worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $308K, typical for a insurance agencies company its size. Likely range: $584K–$1.5M.
- How many employees does Ricks and James Insurance Agency, LLC have?
- About 5, as reported on its PPP loan.
- When was Ricks and James Insurance Agency, LLC founded?
- Ricks and James Insurance Agency, LLC has been in business since 2015.