Robert T. Shurtleff Insurance Agency, Inc.
How we got $606K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ROBERT T. SHURTLEFF INSURANCE AGENCY, INC. this business | $525K | — |
| Bailey Insurance Solutions Llc Ada | $806K | 0.1 mi |
| MORRISON AGENCY, INC Ada · 14 employees | $3.5M | 0.2 mi |
| Davis Insurance Group - Ada Branch Ada | $806K | 0.2 mi |
| Farmers Insurance - David Anderson Ada | $806K | 0.2 mi |
| Shelter Insurance - Casey Fowler Ada | $806K | 0.2 mi |
| JESSICA BECK INSURANCE AGENCY LLC Ada · 2 employees | $312K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $415K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $512K |
| Estimate: the two combined (geometric mean) | $525K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $202K |
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 | $606K |
| Multiple for this size and industry | 3× |
| Value range | $319K – $829K |
| Revenue range | $346K – $599K |
| EBITDA range | $133K – $230K |
| 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
People & advisors
“I graduated from the University of Oklahoma with a Bachelor of Business Administration and joined State Farm in 1990 as an adjuster in Oklahoma City and eventually handled claims.”
Leadership
- RSRobert ShurtleffState Farm Insurance Agent · Company website · source
Advisors
- BankingRegent 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
| Regent Bank PPP 2020 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/11/2020 | first | $17K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Robert T. Shurtleff Insurance Agency, Inc.
Robert T. Shurtleff Insurance Agency, Inc. is an insurance agencies company in Ada, Oklahoma, in business since 2022. Its estimated annual revenue is about $525K, with roughly $202K of EBITDA. It has about 2 employees. Its estimated business value is $606K (likely range $319K–$829K).
Common questions
- Who owns Robert T. Shurtleff Insurance Agency, Inc.?
- The owner of Robert T. Shurtleff Insurance Agency, 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 Robert T. Shurtleff Insurance Agency, Inc. make?
- SeeBITDA estimates Robert T. Shurtleff Insurance Agency, Inc.'s annual revenue at about $525K (likely between $346K and $599K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Robert T. Shurtleff Insurance Agency, Inc. worth?
- About $606K, roughly 3× its estimated EBITDA of $202K, typical for a insurance agencies company its size. Likely range: $319K–$829K.
- How many employees does Robert T. Shurtleff Insurance Agency, Inc. have?
- About 2, as reported on its PPP loan.
- When was Robert T. Shurtleff Insurance Agency, Inc. founded?
- Robert T. Shurtleff Insurance Agency, Inc. has been in business since 2022.