Ricky A. Despain, Inc
How we got $724K
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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RICKY A. DESPAIN, INC this business | $736K | — |
| GOLD KEY WARRANTY LLC Norman | $9.5M | 0.1 mi |
| DAVID HOWELL INSURANCE AGENCY, INC Norman · 2 employees | $548K | 0.1 mi |
| TINKER OWENS INSURANCE AGENCY & MARKETING SERVICES, INC. Norman · 4 employees | $934K | 0.1 mi |
| JIM CHOWINS INSURANCE AGENCY, INC. Norman · 7 employees | $1.5M | 0.4 mi |
| Greg Ellis - State Farm Insurance Agent Norman | $1.6M | 0.5 mi |
| CMM & ASSOCIATES, INC. Norman · 1 employees | $246K | 0.7 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) | $669K |
| Estimate: the two combined (geometric mean) | $736K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $241K |
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 | $724K |
| Multiple for this size and industry | 3× |
| Value range | $381K – $991K |
| Revenue range | $484K – $839K |
| EBITDA range | $159K – $275K |
| 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
- BankingBOKF, 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $23K | 3 |
| 3/25/2021 | second | $22K | 3 |
About Ricky A. Despain, Inc
Ricky A. Despain, Inc is an insurance agencies company in Norman, Oklahoma. Its estimated annual revenue is about $736K, with roughly $241K of EBITDA. It has about 3 employees. Its estimated business value is $724K (likely range $381K–$991K).
Common questions
- Who owns Ricky A. Despain, Inc?
- The owner of Ricky A. Despain, Inc 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 Ricky A. Despain, Inc make?
- SeeBITDA estimates Ricky A. Despain, Inc's annual revenue at about $736K (likely between $484K and $839K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ricky A. Despain, Inc worth?
- About $724K, roughly 3× its estimated EBITDA of $241K, typical for a insurance agencies company its size. Likely range: $381K–$991K.
- How many employees does Ricky A. Despain, Inc have?
- About 3, as reported on its PPP loan.